Andreas Hilka, European head of pensions at Allianz Global Investors (AGI), has departed the German asset manager.

A spokesman for AGI confirmed Hilka’s departure but declined to comment further.

Hilka joined the asset manager in 2011 from Credit Suisse, where he was head of multi-asset class solutions for Austria, Germany, Luxembourg and Poland, as well as head of EMEA pension solutions.

He has also worked at chemicals company Hoechst, where he spent eight years as a member of the pension fund’s board.

At AGI, Hilka was also a member of the company’s European executive committee, while his role as head of pensions was created on is arrival.

Tobias Pross, who has been with the group since 1999 and was named head of EMEA at AGI last summer, will take on Hilka’s responsibilities, a spokesman said, explaining that a decision on whether to appoint a permanent replacement had yet to be reached.

Hilka’s departure comes only a few months after Elizabeth Corley announced she would step down as AGI’s chief executive in April, instead taking on the role of non-executive vice-chair.

Andreas Utermann, her co-chief executive and AGI’s CIO, is set to succeed her. 

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