Joachim Faber was appointed to the Board on 1 March 2012. He has a background in banking and asset management with significant international experience, having worked in Germany, Tokyo, New York and London.
Mr Faber was formerly Chief Executive Officer of Allianz Global Investors AG and a member of the management board of Allianz SE until 31 December 2011. He is an independent director of Coty Inc, and a director of Allianz France SA and Allianz Investment Management GmbH, as well as the Chairman of the Shareholder Committee of Joh A Benckiser SARL and the supervisory board of Deutsche Boerse AG. He is a member of the supervisory board of the European School for Management and Technology, the advisory board of the Siemens Group Pension Board.
He has 14 years’ experience with Citicorp, holding positions in Trading and Project Finance and as Head of Capital Markets for Europe, North America and Japan. He holds a law degree from Bonn University and has a doctorate from the German University of Administrative Sciences in Speyer.
Independent non-executive Director, member of the Group Risk Committee, the Nomination Committee and the Group Remuneration Committee
Independent non-executive Director, member of the Financial System Vulnerabilities Committee and Nomination Committee