Allianz SE ’s prime asset-management authorities is in talks to depart the company, according to people conscious of the matter, as a result of it navigates a Justice Division probe right into a bunch of funding funds that suffered steep losses remaining 12 months.
Jacqueline Hunt joined Allianz in 2016 to oversee its asset administration and U.S. life insurance coverage protection firms, which embody funding arms Allianz Worldwide Patrons and Pacific Funding Administration Co. Her contract was renewed in 2019 and was as a consequence of expire in 2022. In its place, Ms. Hunt will likely go away before deliberate, the people said.
https://www.wsj.com/articles/allianz-asset-management-head-jacqueline-hunt-in-talks-to-depart-11632140114?mod=rss_markets_main | Allianz Asset-Administration Head Jacqueline Hunt in Talks to Depart
