Generali: new Group’s organizational structure and appointments for the key leading positions

2 July 2024 — Daniela GHETU

Generali announced that Carlo TRABATTONI is appointed Chair of the Board of Directors of Generali Real Estate S.p.A. SGR, the Group’s company focused on the management of real estate investment funds. Aldo Mazzocco, CEO of Generali Real Estate S.p.A., also takes up the position of Vice Chair of GRE SGR.

Carlo TRABATTONI will also assume the role of Chair of the Board of Directors of Generali Investments Luxembourg S.A, the product factory of Generali Investments Holding S.p.A. and then he maintains his position as a member of the Board of Directors of Plenisfer Investments S.p.A. SGR.

The announcement follows the one on 18 April 2024 on the new Group’s organizational structure. As previously announced, starting from June 1st 2024, the Generali Group operates as a diversified financial group focused on two main businesses: Insurance and Asset Management.

This transformational change in structure is designed to further accelerate growth and address key business priorities for the insurance and asset management businesses more effectively, fully aligned with the ambitions of the Group strategic plan "LifeTime Partner 24: Driving Growth.

The Insurance Division is led by CEO Insurance, Giulio TERZARIOL, driving insurance business performance across all geographies, enhancing coordination, strategic alignment and a closer proximity to markets, by adopting a streamlined and simplified organizational model. The business units DACH and International are reorganized as part of the new Division, which consist of the following five business units and three Regions which are reporting directly to the CEO Insurance:

  • Country business units: Italy, France & Global Business Activities, Germany, Austria, Switzerland.
  • Regions: Mediterranean & Latin America, Central Eastern Europe and Asia.

Jaime ANCHÚSTEGUI, currently CEO International, is appointed Deputy CEO Insurance, reporting to Giulio TERZARIOL, with the responsibility to represent the CEO Insurance in local governance bodies, manage strategic partnerships and joint ventures, and drive Global Insurance projects across the Division. Giovanni LIVERANI, currently CEO of the DACH Business Unit, will take on new responsibilities.