Krautzberger to Lead AllianzGI’s Public Markets as CIO Amidst Leadership Changes

Company - People | Apr 09, 2025 | Allianz Global Investors GmbH

Allianz Global Investors, a prominent active investment manager, has announced significant leadership changes within its organization. Michael Krautzberger, currently the Global CIO of Fixed Income, will take on an expanded role as the CIO Public Markets and will join the firm’s Executive Committee from June 1, 2025. This move is part of a succession plan following Deborah Zurkow’s upcoming retirement. AllianzGI also named Jenny Zeng as the future CIO Fixed Income, effective January 1, 2026, and Michael Heldmann as the future CIO Equity starting October 1, 2025. These appointments aim to ensure the firm’s continued leadership in public markets. AllianzGI currently manages around EUR 475 billion in assets, with significant portions allocated across fixed income, multi-asset, and equity strategies.

Sectors

  • Investment Management
  • Asset Management

Geography

  • Germany – Allianz Global Investors GmbH is based in Germany, which is relevant to the article.
  • Global – The article refers to a global investment firm with executives and operations across different geographical regions, which contributes to its strategic representation.

Industry

  • Investment Management – This sector is central to the article as Allianz Global Investors is one of the leading active investment managers, overseeing a significant amount of assets.
  • Asset Management – AllianzGI manages and invests vast sums for its clients, categorizing the firm within the asset management industry.

Financials

  • EUR 475 billion – Represents the assets managed by AllianzGI in their Public Markets business.

Participants

NameRoleTypeDescription
Michael KrautzbergerCIO Public MarketsPeoplePromoted to CIO Public Markets and a key figure in AllianzGI's succession planning.
Allianz Global Investors GmbHInvestment FirmCompaniesA leading active investment manager with significant assets under management.
Jenny ZengFuture CIO Fixed IncomePeopleWill take over as CIO Fixed Income from January 2026.
Michael HeldmannFuture CIO EquityPeopleSet to become CIO Equity by October 2025.
Deborah ZurkowGlobal Head of InvestmentsPeopleRetiring later in the year, prompting the succession planning.
Virginie MaisonneuveCurrent CIO EquityPeopleLeaving AllianzGI at the end of December 2025.