Allianz Life Names New President and CEO

Allianz Life Insurance Company of North America named Walter White as president and CEO, effective January 1, 2012. 

White succeeds Gary C. Bhojwani, who will become Chairman of Allianz Life and assume responsibility for the U.S. insurance operations of Allianz on the Board of Management of Allianz SE, Munich. White joined Allianz Life in 2009 as chief administrative officer responsible for Compliance, Information Technology, Operations and Suitability. White’s appointment is subject to approval by the Board of Directors of Allianz Life.  

Prior to joining Allianz Life in 2009, White was president of Woodbury Financial Services (Hartford Life’s independent broker/dealer). He led the formation of Woodbury Financial after Hartford Life purchased Fortis Financial Group, a financial services, insurance and investment company, in 2001. At Fortis, White held senior leadership positions in operations, finance, marketing and sales. Before joining Fortis, White was also president of MONY Brokerage, the MONY Group’s life insurance brokerage subsidiary.  

White holds a B.A. from Yale University and an MBA from The Wharton School at the University of Pennsylvania. He holds a Chartered Life Underwriter (CLU) designation.