Reinsurance News

Generali appoints Stefano Marsaglia to its board

18th July 2022 - Author: Daniel Jackson

Assicurazioni Generali has appointed Stefano Marsaglia as a member of its Board, following the resignation of non-independent director Francesco Gaetano Caltagirone for undisclosed reasons. 

Stefano Marsaglia, who is 67 years old, has been appointed as an independent director. The Turin-born Italian citizen has a long experience in investment banking, having held leading roles in Rothschild, Barclays and Mediobanca. 

He is currently CEO of Azzurra Capital, a private equity company and is a member of the Advisory Board of Afinity, a multinational active in the field of AI. 

The Board considered several other candidates from a list presented by shareholders, including Alberto Cribiore, Maria Varsellona, Paola Schwizer and Andrea Scrosati. 

However, as these candidates set a unanimous vote as the condition for their acceptance, no appointment was finalised. 

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The Board subsequently proceeded, again by majority, without the consent of the directors Brogi and Cattaneo, to appoint Marsaglia. 

Earlier this month the company completed its acquisition of La Médicale, the insurance subsidiary for healthcare professionals Crédit Agricole Assurances. 

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