Stephanie Smith, COO of Allianz Holdings, will step down from her position at the end of the year to pursue new opportunities. Incoming CEO Colm Holmes will have responsibility for naming her replacement after he joins in December.

Jon Dye, CEO of Allianz Holdings, said: “Stephanie has played a key role in the success of our business during a period of challenging and exciting changes. On behalf of all of my colleagues at Allianz, I would like to thank her for the significant contribution she has made to the success of our business over the last 12 years and wish her all the best for the future.”

Smith added: “I’ve thoroughly enjoyed my time at Allianz and while I am sad to leave, it is now my time to move on and seek out fresh challenges. It has been a real honour to work with such great people and for such a strong global and UK business.”

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