Generali Overhauls Senior Management Structure
By Joshua Kirby
Assicurazioni Generali SpA said Wednesday that it is introducing
a new organizational structure, including creating several new
The new structure will help streamline management and deliver
current strategy, the Italian insurer said.
Under the new structure, Sandro Panizza will take up the new
role of group chief insurance & investment officer. Carlo
Trabattoni is promoted to chief executive of asset & wealth
management, a new business unit. Giancarlo Fancel will become group
chief risk officer. These appointments will all become effective
Bruno Scaroni will also take up a newly-created position, that
of chief transformation officer, effective Feb. 1. Several other
senior positions will now report directly to the group CEO or chief
financial officer, also as of Feb. 1, Generali said.
The current general manager role will as a result cease to
exist, with incumbent Frederic de Courtois leaving Generali on Feb.
1. Current CEO of asset & wealth management and Chief
Information Officer Timothy Ryan will leave on March 1, the company
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(END) Dow Jones Newswires
January 27, 2021 13:03 ET (18:03 GMT)
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