Generali brings forward the meeting to April 24: the presentation of the list of funds remains uncertain

The long-awaited assembly of the Generali will be brought forward to Thursday, April 24, will be held in Trieste and will finally return in person. The board of directors of the leading Italian insurance company decided this yesterday. The meeting, which was initially scheduled for May 8, is eagerly awaited because the top management nominations are at stake: the current CEO will remain at the helm, Philippe Donnet, supported mainly by Mediobanca, who is the company's first shareholder, or this time the historical opponents represented by Francesco Gaetano Caltagirone and Dolphin, the financial company of Leonardo Del Vecchio's heirs, will be able to impose the reversal? Much will depend, in addition to the international funds that decreed Donnet's clear victory in 2022, on what theAssogestioni, the association of funds operating in Italy, which tomorrow will decide whether or not to present the third list for top positions, after that of Mediobanca and Caltagirone-Delfin. Assogestioni risks improperly becoming the deciding factor and taking on a role that is not in keeping with its functions and this is why many managers are of the opinion that it would be better if it did not present a list in order to avoid the risk of making the company ungovernable. The attitude of Unicredit, which already has 5,2% of Generali in its pocket. The next assembly of the Lion of Trieste will certainly be one of the most important in recent years.