Allianz names Amer Ahmed CEO of reinsurance business

MUNICH—Allianz S.E. has named Amer Ahmed CEO of its reinsurance business effective Jan. 1, 2012, the German insurer said Thursday.

Mr. Ahmed has been chief risk officer and a member of the unit’s executive committee since 2007. In 2010, he was appointed president of Allianz Re.

Mr. Ahmed succeeds Clemens von Weichs and will continue to be based in Munich.