Corporate News

Dr Wilm Langenbach to replace Sven Fokkema on Talanx AG’s Board of Management

  • Sven Fokkema (51) will be leaving the Talanx Group as of 31 December 2020 by mutual agreement and on the best of terms in order to pursue new opportunities
  • Dr Wilm Langenbach (49) will start work on 1 December 2020

Sven Fokkema, the member of Talanx AG’s Board of Management responsible for the Retail International division, will leave the company by mutual agreement and on the best of terms as of 31 December 2020. He will be pursuing new professional opportunities outside the Talanx Group. Talanx AG’s Supervisory Board has appointed Dr Wilm Langenbach as his successor. Dr Langenbach will take up his position on 1 December 2020.

Leue-Langenbach-Talanx-AG

Sven Fokkema joined Talanx in 2011 – initially as Head of Business Development Europe Region at HDI International AG and then as a member of that company’s Board of Management from 2012 onwards. He was appointed to Talanx AG’s Board of Management and as Chairman of the Board of Management of HDI International AG in 2018. He made a major contribution to the Group’s ongoing internationalisation process. In 2012, he was responsible for the acquisition and successful integration of Warta in Poland. In addition, he successfully managed the organic and inorganic growth of the international retail business both the Group’s core markets (Brazil, Chile, Mexico, Poland and Turkey) in other markets such as Italy and Hungary. The most recent example of this was the bolt-on acquisition of Italian property/casualty insurer Amissima. The supervisory boards of Talanx AG und HDI International AG would like to thank Mr Fokkema for his valuable and successful work for the Group. “Mr Fokkema did a very good job and made a major contribution to our Group’s successful internationalisation. I would like to wish him every possible success, both personally and professionally, in the future”, said Herbert K. Haas, Chairman of Talanx AG’s Supervisory Board. Torsten Leue, Chairman of Talanx AG’s Board of Management, added: “Sven Fokkema and I worked together very well for a long time. He enhanced the international growth of the Talanx Group’s retail business. I would like to thank him for this and to wish him all the best for the future.”

Dr Wilm Langenbach will become a member of Talanx AG’s Board of Management and Chairman of the Board of Management of HDI International AG with effect from 1 December 2020. For the past five years he was responsible at AXA Group for developing growth markets in Europe, the Middle East, Africa and Latin America, among other places, initially as COO and later on as CEO and then also as CFO. Most recently he was CEO of AXA Mediterranean Holding, CFO of AXA International and New Markets, and Strategic Development Officer for the Europe, Middle East and Africa (EMEA) region. In particular, he successfully developed growth markets in Latin America and Eastern Europe. Before joining AXA Group he was a senior partner for the German and European insurance sector at McKinsey & Company, Inc. Dr Langenbach has a doctorate in business administration and is a trained bank clerk. He speaks German (his native language), English, French and Spanish. “We are really looking forward to working with Dr Langenbach”, said Herbert K. Haas. “He is a manager with a great deal of international experience.” Torsten Leue added: “Wilm Langenbach will further enhance the successful organic and inorganic growth of our international retail business. He has a highly impressive operational track record in our core markets in Latin America and Europe in particular. In addition, his entrepreneurial mindset makes him an extremely good cultural fit for the Talanx Group.”

Current photographs are available at mediathek.talanx.de.

Portrait Wilm Langenbach: An international team player


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.