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Generali reorganizes itself: Sesana General manager but black smoke on Caltagirone's replacement on the board

Marco Sesana is the new General manager of the Generali group: he is the spearhead of the reorganization decided by the Board of Directors - However, there is no agreement on the replacement of Caltagirone

Generali reorganizes itself: Sesana General manager but black smoke on Caltagirone's replacement on the board

No deal in Board of Generali for the selection of the substitute of the Francesco Caltagirone has resigned. The minority list insists on the promotion of Luciano Cirina, the former top manager of the group in dispute with Generali after his surprising candidacy for share in Caltagirone, but the majority, also by virtue of an adverse opinion from the legal department, does not intend to give the green light. Will try the deal next time.

But in the meantime, the board of directors, at the instigation of the CEO Philippe Donnet, has launched a major reorganisation, of which the appointment of Marco Sesana as General manager is the spearhead.

Here are the other measures:

  • Giancarlo Fancel, currently Group Chief Risk Officer, is named Country Manager Italy.
  • Charles Ferrara, currently CEO of Cattolica Assicurazioni, assumes the position of Group Chief Risk Officer, and joins the GMC.
  • A new Business Unit is created, which includes Germany, Austria and Switzerland. John Liverani, currently Country Manager Germany and, interim, Austria & EEC Officer, assumes the position of CEO Germany, Austria and Switzerland.
  • Stefan Lehman, currently Chief Business Officer Exclusive Sales of Generali Deutschland, is nominated Country Manager Germany, reporting to the CEO of the new business unit, and joins the GMC.
  • Jaime Anchústegui is confirmed CEO International. The perimeter of the International Business Unit is extended to Eastern European countries.
  • All Global Business Lines – General Corporate and Commercial, General Employee Benefits e General art – are aggregated within the new Business Unit France, Europ Assistance and Global Business Lines, Led by Jean Laurent Granier.
  • Simone Bemporad, Group Chief Communications and Public Affairs Officer, who will also act as a spokesperson for the Group, e Antonio Cangeri, Group General Counsel, join the GMC.

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