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Allianz Life names vice president of investment strategies.

Global Banking News-May 10, 2016--Allianz Life names vice president of investment strategies

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Global Banking News - 10 May 2016

Allianz Life Insurance Company of North America, a part of Allianz SE (formerly Allianz AG) (DUS: ALV) (LSE: ALV) (NYSE: AZ), has said that it has appointed Rosanne Kropp as vice president of investment strategies for the Allianz Investment Management (AIM) division.

In her new role, Kropp will lead AIM's asset liability management, strategic asset allocation programmes and alternative investments. She will be responsible for developing and executing U.S. investment strategies, managing more than USD100bn in assets. Kropp will report to Allianz Life chief investment officer, Todd Hedtke.

With more than 20 years of experience in actuarial and investment management, Kropp was previously senior vice president, head of portfolio management for Genworth Financial in Stamford, Connecticut, where she managed a USD70bn portfolio of insurance general account assets. Before that, Kropp was a senior portfolio manager for Delaware Investments in Philadelphia, PA. In addition, Kropp has more than six years of experience as an actuary with Provident Mutual Life Insurance Company and Allstate Life Insurance Company.

Allianz Life Insurance Company of North America, one of Fortune's 100 Best Companies to Work For in 2016, provides a variety of annuities and life insurance products. As a provider of fixed index annuities, Allianz Life is part of Allianz SE, a company involved in the financial services industry.

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Publication:Global Banking News (GBN)
Date:May 10, 2016
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