German insurance group Talanx announced that Caroline SCHLIENKAMP has been appointed as a Member of the Board of Management of Talanx AG with effect from 1 May 2022, subject to agreement by the Federal Financial Supervisory Authority (BaFin).

"She will head a newly created division for the areas Compliance, Legal, Data Protection, Procurement and Internal Services on the Board and from 1 July she will additionally be responsible for the operational personnel function as Director of Labour Relations".

The Board Division headed by Caroline SCHLIENKAMP will for the first time combine the functions of Compliance, Legal, Data Protection, Procurement, Internal Services and later on Human Resources in a central function.

The responsibility for Procurement and Internal Services is currently with Dr Edgar PULS alongside his responsibility for the Industrial Lines Division. The Board Member Dr Christopher LOHMANN heading the Retail Germany Division is responsible for Data Protection. The CEO and Director of Labour Relations, Torsten LEUE, is currently responsible for Legal and Compliance, and Human Resources.

At the moment, Caroline SCHLIENKAMP is heading the areas Internal Services and Procurement as a Board Member of HDI Service AG and the functions of Legal, Compliance and Data Protection at Talanx AG. In addition, she is Managing Director at Talanx Reinsurance Broker GmbH and Hannover Digital Investments GmbH and also a Member of the Management Board of Talanx Treuhand e.V.

Alongside her function on the Board of Management of Talanx AG, Caroline SCHLIENKAMP will take over the function of Spokesperson of the Management Board of HDI AG - the employee management company of the primary insurance group in Germany.