BrazilFormer McKinsey consultant Joerg Weber leads Allianz in Morocco
Insurance giant Allianz has appointed Joerg Weber, an alumnus of McKinsey & Company, as Managing Director of its operations in Morocco.
Joerg Weber has been with Allianz since 2002. Over the past sixteen years he has held various positions, including Head of Group Management Reporting (2004-2006) and Head of Group Planning & Controlling for the European arm (2006-2010). After leading the business for Western Europe, Weber became a member of the company’s Executive Committee for the Benelux in 2013. In addition, he serves as CEO of All Secur, a direct distribution subsidiary of Allianz in the Netherlands. Under his direction, All Secur has managed to grow into one of the top digital challengers to incumbents in the Dutch insurance market.
In his latest appointment at Allianz, Weber’s mandate has been expanded to cover the firm’s Moroccan business unit. By placing the 49-year-old German-born executive at the helm in Morocco, the insurance company strengthens its executive presence in the country, as Allianz works on executing its ambitious growth strategy for the country and broader Francophone region. In a press statement released last year, Coenraad Vrolijk, CEO of Allianz Africa, the direct report of Weber, said that he aims at doubling the firm’s market share in Morocco, a country with a population of 35 million, of which, on the back of a maturing economy, a growing share are eyeing insurance services.
Weber has a background in the consulting industry. After starting his career at Dresdner Bank in 1987, he joined McKinsey & Company in 1996, serving the global strategy consulting firm for six years. At McKinsey’s German office, Weber was an Engagement Manager in the firm’s Financial Institutions practice. He also was a member of McKinsey’s Insurance industry practice and the Risk Management service line.
Joerg Weber is a graduate of Paris Business School (ESCP Europe), and holds a PhD in Business Administration from Henley Management College and Brunel University in England.
