Allianz Life Insurance Company of North America, Minneapolis has named Walter White as its new president and CEO. The appointment is effective January 1, 2012.
White succeeds Gary Bhojwani, who will continue to reside in Minneapolis, becoming chairman of Allianz Life and assuming responsibility for the U.S. insurance operations of Allianz on the Board of Management of Allianz SE, Munich. White joined Allianz Life in 2009 as chief administrative officer, responsible for compliance, information technology, operations, and suitability.
The company says that White’s appointment remains subject to approval by Allianz Life’s board of directors.