Allianz Real Estate announces a series of promotions that will take effect on 1st October 2017.
Alexander Gebauer will take responsibility as CEO of the newly formed ‘West Europe’ region and be based in the firm’s Paris office. His new role will bring together Allianz’s real estate activities in France, the Netherlands, Belgium, Luxembourg, Spain and Portugal. Alexander will continue to be a Member of the Allianz Real Estate GmbH Board and Executive Committee but will relinquish his responsibilities as COO/CFO.
To deepen market coverage across the West Europe region, dedicated country leaders will have responsibility for the front-end of the business and become the day-to-day face in their markets. Reporting into Alexander, Sebastien Chemouny will be promoted to the role of Head of France and Miguel Torres will continue in the position for Iberia.
Andreas Steimel and Holger Braun will be promoted to COO and CFO respectively and become members of Allianz Real Estate’s global Executive Committee.
“2017 has been an exciting year for Allianz Real Estate: Our AUM reached EUR52 billion at the end of June and we are in the process of exceeding our investment and financing target for 2017 of EUR6 billion. The year has also delivered further diversification for the business with a deepening footprint in Asia through co-investments and our award winning European Debt franchise reached EUR6 billion earlier this month. But direct investment in Europe continues to be the bedrock of our activity and the newly formed West Europe region will help to bring us closer to our customers by deepening our market coverage”, noted Francois Trausch, CEO of Allianz Real Estate, “The depth of talent we have in the business has enabled us to make these promotions in a seamless way and I look forward to them driving the business forward in the coming months and years.”
Source : Company