generali_istock_andresgarciam
iStock/ Andresgarciam
18 April 2019Insurance

Generali appoints Martorana as new CEO of asset management arm GIAM

Italian insurer Generali has appointed Francesco Martorana as the new chief executive officer of its asset management arm Generali Insurance Asset Management SpA (GIAM).

Martorana replaces Santo Borsellino, who held the CEO position since June 2013. Borsellino has been moved to become the chairman of the board of GIAM.

Borsellino has also been appointed head of investments and asset management corporate governance implementation & institutional relations. He will be responsible for managing the relations with external institutions, associations and regulatory bodies, and assuring effective implementation of the governance set-up of the business unit Generali Investments, Asset & Wealth Management.

Meanwhile, Martorana will retain his current position of head of investments at GIAM on an interim basis.

He joined the Generali Group in November 2013 as the head of group asset liability management & strategic asset allocation (ALM/SAA) for the general account assets. Prior to that, he held several management positions at Allianz Group in Italy and Germany.

Already registered?

Login to your account

To request a FREE 2-week trial subscription, please signup.
NOTE - this can take up to 48hrs to be approved.

Two Weeks Free Trial

For multi-user price options, or to check if your company has an existing subscription that we can add you to for FREE, please email Elliot Field at efield@newtonmedia.co.uk or Adrian Tapping at atapping@newtonmedia.co.uk


More on this story

Insurance
11 April 2019   Italian insurer Generali Group is creating a new asset management company, called ThreeSixty Investments, with an investment of €1 billion in the first fund as strategic capital.
Insurance
21 September 2018   Italian insurer Assicurazioni Generali has launched a new asset management company headquartered in New York City that it claims will have a "disruptive revenue model".