ERGO appoints Theo Kokkalas & Oliver Willmes to new board roles
- November 6, 2025
- Posted by: Beth Musselwhite
- Category: Insurance
ERGO, Munich Re’s primary insurance business, has announced that Theo Kokkalas will be responsible for ERGO’s international business and Oliver Willmes will be responsible for ERGO’s activities in Germany, effective January 1, 2025.
Markus Rieß, CEO of the ERGO Group, commented, “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.”
He added, “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.”
Kokkalas is currently Chairman of the Board of ERGO Deutschland AG and Chief Operating Officer of ERGO Germany.
He has held various management positions at ERGO since 2004, including Chairman of the Board in Greece from 2004 to 2020 and in Turkey from 2012. He has been in his current role since May 2020.
Willmes currently serves as Chairman of the Board of ERGO International AG and Chief Operating Officer of ERGO International.
He began his career at ERGO in 2004 and has held various leadership roles in Germany and abroad at ERGO Group AG before assuming his current position in October 2019.
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