International Generali Group: New organizational structure
The international Generali Group today announced an important change in its organizational structure. The appointment of Giulio Terzariol as Group Deputy CEO reinforces the focus on the successful implementation of the “Lifelong Partnership 27: On the Path to Excellence” strategy and further improves corporate governance in the main businesses.
Giulio Terzariol will be responsible for the management of the Group’s insurance business and the supervision of Banca Generali, reporting to the Group CEO.
The appointment will take effect upon completion of the usual suitability assessment carried out by IVASS.
Philippe Donnet, CEO of the international Generali Group, highlighted:
“The successful implementation of the objectives of the ‘Lifelong Partnership 27: On the Path to Excellence’ strategy is a top priority for Generali, and the group’s organizational structure is therefore also evolving accordingly. In his new position, Giulio will be responsible for the management of the insurance business and the supervision of Banca Generali. His appointment confirms that Generali has been able to build one of the best management teams in the global insurance and asset management sector over the years. I am confident that the new organizational structure and the continued commitment of our colleagues and advisors will further strengthen Generali’s leading position and ensure the success of the new strategy.”
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