Sergio Balbinot says goodbye to the group Generali to switch to Allianz. The German insurance giant informs that the manager will join the management board for four years starting from 2015 January XNUMX and will assume responsibility for the insurance business in the countries of Southern and Western Europe (Italy, France, Benelux, Greece and Turkey).
Allianz also communicated that Oliver Bate (age 49) has been appointed as the new group CEO and will take office from 7 May 2015 until 30 September 2019. Bate will continue to be responsible for Global Property & Casualty until the 2015 general meeting of shareholders.
Balbinot, 56, is now Generali's "Chief Insurance Officer" and in the past was co-CEO of the Italian company, where he has worked for 31 years. In November 2012, after the appointment of Mario Greco to the position of CEO, he left the board of directors.
Born in Tarvisio in September 1958, with a degree in Economics, Balbinot began his career in the company starting from abroad, with his appointment in 1983 as head of the international department of Deutscher Lloyd in Munich. After spending three years in the Trieste offices of the parent company (1986-1989), he returned abroad, taking on the leadership of the Swiss branch from 1989 to 1992.
After Zurich, the next stop was Paris, where he remained between 1992 and 1995 as director in charge of Europ Assistance's international business. From 1996 he was area manager for Germany, Austria, Switzerland and France and the same year he was appointed deputy general manager and head of the insurance area. In 2000 he was appointed general manager and two years later that of CEO together with Perissinotto, with Bernheim as president.
