Allianz Life Insurance Malaysia Berhad ("Allianz Life") has appointed Stefan Ritz as the Company's new Chief Operations Officer with effect from 1 January 2013. He succeeds Dave Giam who assumes the role of Open Product Underwriting System ("OPUS") Advisor for both Allianz Life and Allianz General Insurance Company (Malaysia) Berhad.

The 40-year-old Stefan Ritz joined Allianz in 1998 and held various positions in IT and Operations in Allianz Germany and Allianz Life Korea. He joined Allianz Life in April 2012 as the Head of Operations until his recent appointment as the Chief Operations Officer.

In his new role, Stefan Ritz will be responsible for the Company's overall life operations which include underwriting, claims, policy management and branch operations. Allianz Life believes that his vast experience in IT and Operations as well as his sound knowledge of the industry will further strengthen the development and growth of Allianz Life in Malaysia.

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