Reinsurance News

Generali makes structural and personnel changes

23rd June 2022 - Author: Daniel Jackson

Assicurazioni Generali, one of the ten largest global insurance providers, has recently made several structural and personnel changes. 

The Board of Directors, at a meeting chaired by Andrea Sironi, has approved a new organisational structure, as proposed by the Group CEO, Philippe Donnet. 

The company says it hopes to further embed sustainability into the core business, through the implementation of the group’s Environmental, Social and Governance strategy in investments and products, and to redefine the organisational and geographical oversight of markets and multi-country lines of business. 

The following organizational changes will be effective as of September 1st, 2022: 

  • Marco Sesana, current Country Manager Italy and Global Business Lines, is appointed General Manager in the Group Head Office, overseeing: Group Chief Transformation Officer, Group Chief Marketing & Customer Officer, Group Chief Investment Officer, Group Life & Health Insurance, Group P&C, Claims and Reinsurance and Group Sustainability and Social Responsibility. 
  • Giancarlo Fancel, currently Group Chief Risk Officer, is appointed Country Manager Italy. Carlo Ferraresi, currently CEO of Cattolica Assicurazioni, is appointed Group Chief Risk Officer, and joins
    the GMC. 
  • A new Business Unit is created, including Germany, Austria and Switzerland. Giovanni Liverani, current Country Manager Germany and Austria & CEE Officer ad interim, is appointed as CEO Germany, Austria and Switzerland. Stefan Lehmann, currently Chief Business Officer Exclusive Sales at Generali Deutschland, is appointed Country Manager Germany, reporting to the CEO of the new Business Unit, and joins the GMC. 
  • Jaime Anchústegui is confirmed CEO International. The Business Unit International extends its perimeter to the Eastern European countries and its overall organization will be articulated at a later time. 
  • All the Global Business Lines – Generali Corporate and Commercial, Generali Employee Benefits and Arte Generali – are aggregated into the new Business Unit France, Europ Assistance and Global Business Lines, headed by Jean-Laurent Granier. 

In May, the company announced that non-independent director Francesco Gaetano Caltagirone had resigned from the Board for undisclosed reasons.

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