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Media Information, 20th September 2024
ERGO Board: Theo Kokkalas and Oliver Willmes with new responsibilities
As of January 1, 2025, Theo Kokkalas, currently Chairman of the Board of ERGO Deutschland AG and Chief Operating Officer of ERGO Germany, and Oliver Willmes, currently Chairman of the Board of ERGO International AG and Chief Operating Officer of ERGO International, will exchange their board responsibilities. Accordingly, Theo Kokkalas will be responsible for ERGO's international business and Oliver Willmes will be responsible for ERGO's activities in Germany.
"Theo Kokkalas and Oliver Willmes have both delivered exceptional performances in their previous roles and have significantly advanced our business both domestically and internationally. Before we start implementing our next strategy program in 2026, we are already setting a significant course for the future success of ERGO with this crucial change of responsibilities," says Markus Rieß, CEO of the ERGO Group.
"Theo Kokkalas has efficiently and successfully developed ERGO’s business in Germany in recent years, making it more resilient and more dynamic. Based on this, ERGO Deutschland AG provides a very strong contribution to the group's results. In parallel, Oliver Willmes has consistently restructured our international portfolio, making a significant contribution to the strong growth in results of ERGO International AG in recent years. Therefore, I am very pleased that through the exchange of responsibilities, we can best leverage the strengths and successful strategies of both to continue profitable growth in all ERGO markets," says Markus Rieß.
Theo Kokkalas has been working in various management positions for ERGO since 2004. From 2004 to 2020, he was responsible for ERGO's activities in Greece as Chairman of the Board, and from 2012, also in Turkey. Since May 2020, he has been Chief Operating Officer and Chairman of the Board of ERGO Deutschland AG.
Oliver Willmes began his career at ERGO in 2004. After holding various leadership positions in Germany and abroad at ERGO Group AG, he took over responsibility for ERGO International AG as Chief Operating Officer and Chairman of the Board in 2019.
Further information
This media information 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 forward-looking statements or to conform them to future events or developments.