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David Kane appointed Acting Chief Executive Officer of Allianz Australia Life and Allianz Retire+

Sydney, Australia (9 July 2025):  Allianz Australia Life Insurance Limited (AA Life) today announced it has appointed David Kane, the company’s Chief Operating Officer, as Acting Chief Executive Officer of AA Life and Allianz Retire+.

Mr Kane’s appointment follows the decision by current CEO, Adrian Stewart, to step down from the CEO role and take a well-deserved break.  

Mr Kane joined AA Life as Chief Technology Officer in 2019 and became COO in 2020. He brings more than 25 years of financial services experience to the role. Before joining Allianz in 2019 he spent 18 years at Macquarie Group in senior roles across technology, product, operations and strategy across wealth management and banking. 

Commenting on the appointment, Allianz Australia Life Chairman, David Plumb, said: “The Board welcomes David into the role of Acting CEO. With a strong track record in technology-enabled transformation, David brings the strategic execution capabilities needed to deliver modern, customer-first experiences in protection and retirement markets.

“I also want to recognise Adrian for his leadership. His commitment to improving outcomes for Australians in retirement has been instrumental in establishing Allianz Retire+ and securing key strategic partnerships that will have a lasting impact. We thank him for his contribution and wish him continued success.

“At Allianz Australia Life, we remain focused on our purpose — securing the future for Australians through innovative retirement income and life protection solutions.”

David Kane commented: “Australians are increasingly seeking high-quality financial solutions that reflect their individual needs in retirement. Allianz has been an early mover in this space, drawing on its global strength to develop solutions that are fit for purpose.

“This is an incredibly exciting time to lead such a capable team. We remain deeply committed to addressing underinsurance in both life protection and longevity, while continuing to invest in digital innovation and adviser engagement.

“I look forward to building on the strong foundations already in place and to harnessing the full strength of the Allianz Group — locally and globally — to deliver market-leading outcomes for our customers.”

About David Kane, Acting Chief Executive Officer, Allianz Australia Life Insurance Limited

David joined Allianz in 2019, and before being appointed as Acting CEO, was Chief Operating Officer, responsible for driving strategy execution, operational transformation, and customer-centric service delivery across the business.

Prior to Allianz, David spent 18 years at Macquarie in senior roles across technology, product, operations, and strategy within both wealth management and banking. With 25 years of experience in financial services, he has led the delivery of technology solutions and change programs that bridge operational and digital strategy to meet customer needs.  

David holds a degree in Business from Dublin City University and a Postgraduate qualification in Information Technology. 

 

About Allianz Retire

Allianz Retire+ is an Australian life company dedicated to simplifying retirement planning. We provide reliable solutions offering guaranteed income, protection, flexibility and control, empowering retirees to achieve financial security and peace of mind.

As part of the global Allianz Group, we leverage our extensive expertise and resources to deliver products that meet the evolving needs of retirees, helping them enjoy retirement with confidence.

 

Disclaimer:

This material is issued by Allianz Australia Life Insurance Limited, ABN 27 076 033 782, AFSL 296559. Allianz Retire+ is a registered business name of Allianz Australia Life Insurance Limited.  This material has been prepared by Allianz Retire+ for general information purposes only. It is not comprehensive or intended to give financial product advice. Any general advice provided in this material does not take into account your objectives, financial situation or needs. Before acting on anything contained in this material, you should speak to your financial adviser and consider the appropriateness of the information received, having regard to your objectives, financial situation or needs. No person should rely on the content of this material or act on the basis of anything stated herein. Allianz Retire+ and its related entities, agents or employees do not accept any liability for any loss arising whether directly or indirectly from any use of this material. Use of the word ‘guarantee’ in this material refers to an assurance that certain conditions or contractual promises will be fulfilled by Allianz Retire+ from the available assets of its Statutory Fund No 2, in relation to the product terms. This includes ‘guaranteed’ income payments in the Lifetime Income Phase which will be paid from the available assets of Statutory Fund No 2, noting that Allianz Retire+ may terminate the product in certain limited circumstances as outlined in the Product Disclosure Statement referred below. Allianz Australia Life Insurance Limited is the issuer of Allianz Guaranteed Income for Life (AGILE). Prior to making an investment decision, investors should consider the relevant Product Disclosure Statement (PDS) and Target Market Determination (TMD) which are available on our website.

Any information on this website does not take into account your objectives, financial situation or needs. For personal financial advice please speak to your financial adviser. Products will be issued by Allianz Australia Life Insurance Limited, ABN 27 076 033 782, AFSL 296559.

Allianz Retire+ is the business name of Allianz Australia Life Insurance Limited. By using this website you agree to access this Financial Services Guide.