Allianz: CEO Diekmann to Step Down After 2015

The transcript discusses the upcoming resignation of Michael Diekmann as CEO of Allianz in 2015, with Oliver Bate set to succeed him. It touches on recent leadership changes at PIMCO, including Bill Gross's departure. The company's history and stability are highlighted, noting its 125th anniversary. The market's reaction to these changes is also covered, with shares showing little movement. Finally, Oliver Bate's background is briefly discussed, emphasizing his education in New York.

What anniversary is PIMCO celebrating next year?

What has been the impact on PIMCO's shares since the recent news?