Thusang Mahlangu new head of Allianz Global Corporate & Speciality (AGCS) Africa

Thusang Mahlangu (pictured) has succeeded Delphine Traoré Maïdou as CEO of Allianz Global Corporate & Specialty (AGCS) Africa, effective 1 February 2017. Delphine, who was on the CFO Awards panel of judges from 2014 to 2016, will remain on the AGCS Africa Board as non-executive director.

Andreas Berger, AGCS SE Chief Regions & Markets Officer for Africa, Germany & Central Europe, Mediterranean and Asia, said:

"As a member of Delphine's management team, Thusang is well placed to succeed her as he has contributed significantly to the development and expansion of the AGCS business in Africa. He has a deep knowledge of the business and strong networks across the continent."

Mahlangu joined AGCS Africa in 2013 as Head of Market Management focussing on developing sales and distribution across Africa. He subsequently became Head of Property in 2014 and grew the portfolio in key African countries. An MBA graduate from Milpark Business School in South Africa, he has over 20 years of experience in insurance and risk management.

Seelan Naidoo will take over the responsibility from Mahlangu as Head of Property, in addition to his existing role as Head of Engineering.