Allianz brings in Austrian CEO at the helm of Romanian subsidiary
The 36-year old Vrignaud will take over the helm of the local insurer in August this year, when Bir will end his two-year mandate in Romania.
Allianz Tiriac ranks second among general insurers in Romania, with subscribed premiums of EUR 190 million in 2011, down 13 percent on 2010, when it posted a loss and lost first spot on the local insurance market.
Allianz Tiriac is majority owned by Allianz New Europe – 52 percent, and Romanian businessman Ion Tiriac, with 44.5 percent through an offshore.
editor@romania-insider.com
(photo source:be24)