Change within the ERGO Beratung und Vertrieb AG Board of Directors


Press release, 24.10.2017

Harald Christ (45), Chairman of ERGO Beratung und Vertrieb AG (EBV) and member of the Board of Management of ERGO Deutschland AG, is resigning at his own request and in mutual amicable agreement on 31.12.2017. Olaf Bläser (48), member of the ERGO Beratung und Vertrieb AG Board of Management, will be assuming the chairmanship of the board and will also be succeeding Harald Christ as member of the Board of Management of ERGO Deutschland AG.

Harald Christ has decided to tie up his responsibilities at ERGO in order to focus more strongly on his entrepreneurial and political pursuits. “My current activity on the board doesn't quite accommodate this pursuit. For this reason, I have requested that my contract be terminated at the end of this year.”

Since having come on board with ERGO, Christ has significantly advanced the implementation of the ERGO Strategy Program in the agency sales organisation and has together with his team effected results that overreach company plans despite substantial changes within ERGO's organisational channels. He will continue his position on the Supervisory Board of Europäische Reiseversicherung (ERV) and will also be transferring positions within EBV's Supervisory Board following his resignation as chairman. He will be retaining his position as Chairman of the ERGO Stiftung (ERGO Foundation).

Olaf Bläser had held various sales positions at ERGO and their predecessor organisation - continuously as member of the board since 2009.

“Harald Christ has achieved a great deal in a short period of time and has set the course for a powerful agency sales organisation at ERGO. For this, the ERGO Board of Management extends their express thanks”, said Mark Rieß, Chief Executive Officer ERGO Group AG, and added: “I’m very glad that we were able to fill the position from within the company and to be able to welcome Olaf Bläser in his new role as an experienced sales manager for this important position. I wish him much success in his new appointment.”

Harald Christ

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Olaf Bläser

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Curriculum vitae (German version)

For further information, please contact:

ERGO Group AG
Media Relations

Tel +49 211 477-3316
Fax +49 211 477-3113
oliver.stock@ergo.de
media-relations@ergo.de

About the ERGO Group AG

ERGO is one of the major insurance groups in Germany and Europe. Worldwide, the Group is represented in over 30 countries and concentrates on Europe and Asia. Within the group, three entities manage domestic and international business, as well as digital and direct business (ERGO Deutschland, ERGO International and ERGO Digital Ventures). About 44,000 people work for the Group, either as salaried employees or as full-time self-employed sales representatives. In 2016, ERGO recorded a premium income of 17 billion euros and rendered benefits to customers of 16 billion euros. ERGO is part of Munich Re, one of the world's leading reinsurers and risk carriers.
More at www.ergo.com

Disclaimer

This press release contains forward-looking statements that are based on current assumptions and forecasts of the management of ERGO Group. Known and unknown risks, uncertainties and other factors could lead to material differences between the forward-looking statements given here and the actual development, in particular the results, financial situation and performance of our Company. The Company assumes no liability to update these forwardlooking statements or to conform them to future events or developments.

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