Assicurazioni Generali’s board of directors has appointed Marco Sesana as country manager of Italy. He will also retain the position of chief executive officer of Generali Italia.
Marco Sesana joined Generali Italia in 2013 as chief operating officer and was tasked with integrating its Italian insurance companies, successfully concluding this initiative in 2015.
Sesana subsequently took over responsibility for the insurance business – including life, non-life and claims management – before becoming chief executive officer of Generali Italia in May 2016.
“Sesana will oversee the next phase in the development of Generali’s Italian business, which will focus on better customer experience, stronger distribution networks, and innovation,” the company said in a statement.
The board of directors has also appointed Timothy Ryan as group chief investment officer (CIO), effective Jan. 9, 2017. Ryan, 47, is a citizen of the United States and the United Kingdom, and holds a degree in International Banking and Finance. He has experience in asset management, having held leading roles in AXA Investment Managers and AllianceBernstein, with posts in France, Japan and the UK. Banca Generali is also included within the area of organizational responsibility of the CIO.
Sesana and Ryan will join the Group Management Commitee in January 2017.
The current group CIO, Nikhil Srinivasan, will leave the group in January to pursue new professional opportunities in investment management.
Source: Generali
Was this article valuable?
Here are more articles you may enjoy.
‘Structural Shift’ Occurring in California Surplus Lines 
Florida Engineers: Winds Under 110 mph Simply Do Not Damage Concrete Tiles 
Trump’s Repeal of Climate Rule Opens a ‘New Front’ for Litigation 
Q4 Global Commercial Insurance Rates Drop 4%, in 6th Quarterly Decline: Marsh 
