Global insurance group Zurich has promoted its current commercial insurance Chief Financial Officer Paolo Mantero to serve as Group Chief Strategy Officer.
Effective January 1, Mantero will report to Group Chief Executive Officer Mario Greco.
His new role will involve oversight of all strategy resources globally and aims to strengthen coordination and collaboration between the wider group as well as regional offices.
This approach is expected to help ensure a solid outline and consistent execution of the strategy.
Mantero joined Zurich in 2016 as head of the group CEO office and is seen as bringing strategic depth, financial acumen and business insight to the role.
Zurich says a successor to Mantero in his Commercial Insurance role will be announced in due course.
Mantero succeeds Giovanni Giuliani, who will become Chief Executive Officer of Zurich Italy, reporting to Alison Martin, CEO EMEA & Bank Distribution, subject to regulatory approval.