Global Head of Legal & General Counsel Asia Pacific | Allianz Global Investors
Delia Lang
Global Head of Legal & General Counsel Asia Pacific | Allianz Global Investors
Team size: 70
How do you approach managing legal aspects during periods of instability or crises, and how does your legal strategy align with the broader business strategy to ensure organisational resilience?
We focus on being proactive and strategic besides examining legal and regulatory obligations during periods of instability and crisis. We provide guidance to our management in stakeholder management and coming up with appropriate and timing internal and external communication in periods of instability and crisis.
In terms of alignment with business strategy to ensure organisational resilience, we will have a matching legal strategy which includes legal and regulatory risk management when it comes to execution risks or operational risks on an ongoing basis post-implementation of a business strategy.
In the face of increasing regulation and scrutiny, what are the biggest compliance challenges keeping GCs up at night?
In my opinion, two main things keep GCs up at night. Unexpected cyber attacks or other external system /provider-caused system-wide issues or shocks, any of which could bring down our operating or other outsourced systems, resulting in grave operational and regulatory consequences, which means that our firm’s responses to such crisis will be put to test. Secondly, geopolitical risks, which could have material and sudden consequences to our firm’s long-standing policies and approaches, with topics could range from outsourcing, ESG, governance, HR and business strategies.
Global head of legal and general counsel Asia Pacific | Allianz Global Investors
Delia Lang is the Global Head of Legal and General Counsel Asia Pacific at Allianz Global Investors (AllianzGI). Based in Hong Kong, Delia is responsible for the firm’s global legal...