Corporate News

Dr Christopher Lohmann hands over responsibility for Talanx Group’s Retail Germany Division to Jens Warkentin

  • Dr Lohmann is stepping down as a member of the Board of Management in order to pursue a career change
  • Jens Warkentin will join Talanx AG’s Board of Management, becoming head of the Retail Germany Division and CEO of HDI Deutschland AG, effective 1 January 2023
  • Dr Thorsten Pauls will become HDI Germany’s CFO

Dr Christopher Lohmann (53), the Board of Management member responsible for the Talanx Group’s Retail Germany Division, is handing over his role to Jens Warkentin (55), up to now the division’s CFO. The move is taking place at Dr Lohmann’s own request, on the best of terms and by mutual agreement, in line with his life plans. Dr Lohmann, who is also Talanx’s CIO and CEO of HDI Deutschland AG, will ensure an orderly handover to his successor in the coming weeks before pursuing new professional challenges in 2023. He will continue his association with the Talanx Group as a Supervisory Board member of Neodigital AG. Dr Thorsten Pauls (49) will succeed Jens Warkentin as CFO.

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“After nearly 24 years in operational management, as a board of management member and CEO at major insurers in the German-speaking regions of Europe, I would like to pursue a career change”, said Dr Lohmann. “I am grateful for the wealth of experience I have been lucky enough to acquire in the management positions I have held. I am now looking forward to contributing and passing on my knowledge of areas such as corporate transformation and digitalisation in a different role. I would like to thank the Talanx Group for its trust in me and for the entrepreneurial freedom that I had. It was a real pleasure to manage a motivated team and to work with Jens Warkentin on developing it further. The last three years were extremely satisfying.”

Before joining the Talanx Group, Dr Lohmann was CEO of Gothaer Allgemeine Versicherung AG and a member of the management boards of Gothaer Versicherungsbank VVaG and Gothaer Finanzholding AG. Prior to that he worked for Allianz for 18 years. Among other things, he was head of Allianz Global Corporate & Specialty’s industrial lines business in Central and Eastern Europe, and managed Allianz Deutschland AG’s Cologne branch operations and its Munich sales office, including its banking partnerships. He will continue his association with the Talanx Group as a Supervisory Board member of Neodigital AG, and will provide support for this joint venture.

Herbert K. Haas, Talanx AG’s Supervisory Board Chairman, thanked Dr Lohmann on behalf of the entire Supervisory Board for his work: “Dr Lohmann has enhanced the Retail Germany Division as a unit and given it a new strategic direction. This applies to both property insurance and life insurance. We would like to thank him for this and wish him all the best for the future, both professionally and personally. And I would like to wish Jens Warkentin every success in his new role. He has extensive experience in all areas of the insurance business and will use this to achieve the division’s ambitious goals.”

Torsten Leue, Chairman of the Board of Management of Talanx AG and Chairman of the Supervisory Board of HDI Deutschland AG, said: “Christopher Lohmann has grown our share of the property insurance market and established innovative partnerships such as the one with Neodigital. We would also like to thank him for ensuring that our life insurance business is fit for the future. I wish him all the best, both for the exciting period that is now starting as he examines his future career opportunities, and for the period after that. I am also very much looking forward to working together with Jens Warkentin. He will continue to progress the realignment of the division launched with our GO25 strategy and further add to it with his substantial strategic, operational and sales expertise. Equally, I would like to wish Thorsten Pauls every success in his new role. He will make an important contribution to profitable growth at the division.”

Jens Warkentin will also become the Talanx Board of Management’s Chief Information Officer with responsibility for IT at its primary insurance operations within Germany. He has an extensive track record in all areas of the insurance business. He has been CFO for the Talanx Group’s Retail Germany Division since October 2018, and has also performed certain CEO duties on an interim basis. In addition, he was the Board of Management member responsible for Human Resources for all German primary insurance employees from May 2019 to June 2022. During this period, he significantly streamlined operating structures for the primary insurance group in Germany and reorganised the Human Resources function to provide customer-centric services. Prior to this, he was Chief Operating Officer at AXA Germany, where he was responsible for customer, partner and process services. He was also initially responsible for group development, sales process and quality management, and sales management for banking operations.

Dr Thorsten Pauls, the new CFO of HDI Deutschland AG, is an experienced risk manager. The mathematician and actuary has been CFO of the Talanx Group’s bancassurance companies – TARGO Lebensversicherung AG, TARGO Versicherung AG, neue leben Lebensversicherung AG, neue leben Unfallversicherung AG, PB Lebensversicherung AG and PB Versicherung AG – since 2018. He has been head of HDI Germany’s risk management operations since 2014.


Disclaimer

This news release contains forward-looking statements which are based on certain assumptions, expectations and opinions of the Talanx AG management. These statements are, therefore, subject to certain known or unknown risks and uncertainties. A variety of factors, many of which are beyond Talanx AG’s control, affect Talanx AG’s business activities, business strategy, results, performance and achievements. Should one or more of these factors or risks or uncertainties materialise, actual results, performance or achievements of Talanx AG may vary materially from those expressed or implied in the relevant forward-looking statement. Talanx AG does not guarantee that the assumptions underlying such forward-looking statements are free from errors nor does Talanx AG accept any responsibility for the actual occurrence of the forecasted developments. Talanx AG neither intends, nor assumes any obligation, to update or revise these forward-looking statements in light of developments which differ from those anticipated.