Generali unveils new structure in Italy to create 'faster and more agile' organisation

Generali Country Italy and Global Business Lines has unveiled a new structure as part of its strategy to create a faster and more agile organisation.

The new organisational structure, which will be effective September 1, is focused on international corporate business development, leveraging on the group's internal talent expertise.

As part of the restructure, the company has created transversal functions between Country Italy and Global Business Lines, led by Marco Sesana. Finance will be entrusted to Giancarlo Fancel, legal and compliance to Cristina Rustignoli, human resources to Gianluca Perin, and communications and social responsibility to Lucia Sciacca.

Additionally, a strategy & business development function has been created under the leadership of Sergio Di Caro, in order to further boost the international corporate business.

Sesana, country manager & CEO of Generali Italia and Global Business Lines, said: “We want to be faster in the implementation of the 'Strategy 2021 - Life Time Partner' by boosting the development of our corporate business, which might also come through international business agreements. With this leaner organisation leveraging on our managers’ talent and expertise we are more than ever committed to achieve a growth in value.”

Paolo Ribotta will be leading Generali Employee Benefits, including Generali Global Health with the goal to further strengthen Generali’s market leadership in employee benefits for multinational companies, and to develop the health business for people with high international mobility.

Manlio Lostuzzi, who has an extensive international experience, having been responsible for the life, non-life and reinsurance businesses of the group, will be leading global corporate & commercial with the goal to develop its business model.

Maurizio Pescarini, currently CEO of Generali Turkey, who has an extensive international experience in banking and insurance sectors, will become CEO of Genertel and Genertellife.

Andrea Mencattini will then be responsible for the coordinated supervision of the various business units and the management of technical-insurance relations with institutions and trade associations.

Finally, the responsibilities for Generali Welion will be assigned ad interim to the chairman Gianluca Perin and the executive director Paolo De Santis.

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