Oliver Bäte (born 1 March 1965) is a German business executive who is the

CEO A chief executive officer (CEO), also known as a central executive officer (CEO), chief administrator officer (CAO) or just chief executive (CE), is one of a number of corporate executives charged with the management of an organization especially ...

Allianz Allianz ( , ) is a German multinational financial services company headquartered in Munich, Germany. Its core businesses are insurance and asset management. The company is one of the world's largest insurers and financial services groups. The ...

, a position he has held since October 2014.

Early life

Bäte graduated from the University of Cologne and New York University Stern School of Business.

Career

Bäte served with the

German Air Force The German Air Force (german: Luftwaffe, lit=air weapon or air arm, ) is the aerial warfare branch of the , the armed forces of Germany. The German Air Force (as part of the ''Bundeswehr'') was founded in 1956 during the era of the Cold War a ...

from 1986 until 1987. Bäte started his career with

McKinsey & Company McKinsey & Company is a global management consulting firm founded in 1926 by University of Chicago professor James O. McKinsey, that offers professional services to corporations, governments, and other organizations. McKinsey is the oldest and ...

in New York. Later, he moved to their offices in Germany. In 1998, he took over McKinsey’s German insurance practice. In 2003, he became Director in charge of the firm’s European insurance and asset management sector. Bäte joined Allianz’s board in 2008, serving as chief operating officer (COO) and chief financial officer (CFO) before taking responsibility for insurance operations in Western and Southern Europe ( France, Benelux, Italy, Greece, Turkey) in 2013. As part of a 2015 executive reshuffle to cut the size of the Allianz management board to nine members, he also took over responsibility for human resources. In his role at Allianz, Bäte was also part of

Chancellor Chancellor ( la, cancellarius) is a title of various official positions in the governments of many nations. The original chancellors were the of Roman courts of justice—ushers, who sat at the or lattice work screens of a basilica or law cou ...

Angela Merkel’s delegation during her 2018 state visit to

China China, officially the People's Republic of China (PRC), is a country in East Asia. It is the world's most populous country, with a population exceeding 1.4 billion, slightly ahead of India. China spans the equivalent of five time zones and ...

Other activities

Government agencies

* Monetary Authority of Singapore (MAS), Member of the International Advisory Panel (since 2015)

Non-profit organizations

* Baden-Badener Unternehmer-Gespräche (BBUG), Member of the Board of Trustees *

Council on Foreign Relations The Council on Foreign Relations (CFR) is an American think tank A think tank, or policy institute, is a research institute that performs research and advocacy concerning topics such as social policy, political strategy, economics, mi ...

(CFR), Member of the Global Board of Advisors * Stifterverband für die Deutsche Wissenschaft, Member of the Board * Munich Security Conference, Member of the Advisory Council * Schmalenbach Society, Member of the Advisory Council * Trilateral Commission, Member of the European Group *

The B Team The B Team is a global nonprofit initiative co-founded by Sir Richard Branson and Jochen Zeitz. It advocates for business practices that are more centered on humanity and the climate. History In 2013, a group of leaders came together following ...

, Member (since 2016) * World Economic Forum (WEF), Member of the Stewardship Board of the Initiative on Shaping the Future of Financial and Monetary Systems (2017) * European Financial Services Roundtable (EFR), Member * Pan-European Insurance Forum (PEIF), Chairman *

Geneva Association ''Insurance Economics'' is a research programme set up by the Geneva Association, also known as the International Association for the Study of Insurance Economics. It is dedicated to making an original contribution to the progress of insurance thr ...

, Vice Chairman * Institute of International Finance (IFF), Member of the BoardBoard
Institute of International Finance (IIF).

References

{{DEFAULTSORT:Bäte, Oliver 1965 births German chief executives Living people New York University Stern School of Business alumni University of Cologne alumni McKinsey & Company people