Corporate News

Dr Patrick Dahmen to succeed Ulrich Rosenbaum on the Management Board of Talanx Deutschland AG

  • Patrick Dahmen takes up his position on 01.01.2019
  • Ulrich Rosenbaum to leave the Management Board in the course of 2019 – he will remain a member of the Supervisory Boards of the bancassurance companies

The Retail Germany Division within the Talanx Group has finalised succession arrangements for the Board area of Life and Investments. Ulrich Rosenbaum (61) is retiring after more than 33 years of service to the Talanx Group. Dr Patrick Dahmen (45) is joining the Management Board of Talanx Deutschland AG effective 1 January 2019 and will take over Ulrich Rosenbaum's duties in the course of the year.

Ulrich Rosenbaum can look back on a long and highly successful career in the Talanx Group, including 16 years of service on the management boards of companies within the Group. Since 2013, parallel to his work on the Management Board of Talanx Deutschland AG, he has also served as Chief Executive Officer of HDI Lebensversicherung AG. "Talanx would like to thank Ulrich Rosenbaum for his outstanding service to the organisation and is pleased that he remains available as a member of the Supervisory Boards of PB Versicherungen and TARGO Versicherungen", Torsten Leue, Chairman of the Supervisory Board of Talanx Deutschland AG and Chief Executive Officer of Talanx AG, stated.

With the arrival of Dr Patrick Dahmen a proven expert in the field of retirement provision is taking responsibility for the Board area of Life and Investments. He will be based in Cologne. Dr Patrick Dahmen has been a member of the Management Board of AXA Konzern AG since 2007; from 2012 onwards he assumed responsibility for the area of retirement provision, after previously serving as Chief Financial Officer. Born in Essen, he studied, among other things, business administration with a concentration in law at the University of Oldenburg and was subsequently awarded a Master's degree in International Accounting & Finance by the London School of Economics. Patrick Dahmen received his doctorate in economics from the University of St. Gallen.

"We consider the business of occupational retirement provision in Germany to be a major growth market in which further expansion of our footprint is essential. In seeking to achieve this goal, we have confidence in the expertise of Dr Dahmen", Torsten Leue noted.

Dr Jan Wicke, Chief Executive Officer of Talanx Deutschland AG and Chairman of the Supervisory Board of HDI Lebensversicherung AG, added: "We are delighted that Patrick Dahmen is joining us. He knows the life insurance business, the sales and competitive situation and the political and economic climate. Thanks to his wide-ranging specialist know-how, we are well-positioned for the future."

The appointment is subject to the approval of the Federal Financial Supervisory Authority (BaFin).


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.