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Generali introduces new board member following main departure



Generali introduces new board member following major departure

Generali is including Azzurra Capital chief govt Stefano Marsaglia to the insurer’s board as an unbiased director.

The appointment comes following the resignation of main activist shareholder Francesco Gaetano Caltagirone from the board in late Could. Final month, Roberta Neri declined to just accept when she was tapped to exchange Caltagirone.

“The Turin-born Italian citizen has an extended expertise in funding banking, having held main roles in Rothschild, Barclays, and Mediobanca,” famous Generali, referring to Marsaglia. “He’s presently CEO of Azzurra Capital, a personal fairness firm, and is a member of the advisory board of Afinity, a multinational energetic within the discipline of AI.

“The board verified the suitability of the member with the skilled, reputational, independence, and eligibility necessities set forth for listed insurance coverage corporations by the relevant provision of regulation and by the Company Governance code, in addition to inside laws.”

In line with Generali, Marsaglia holds no shares within the firm.

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