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GEB Has New Reporting Line Within Generali

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Generali in June 2022 announced a reorganization of its management structure that sees all its global business lines report into a new business unit, i.e. “France, Europ Assistance and Global Business Lines”.

The three global business lines are:

  • Generali Corporate and Commercial
  • Generali Employee Benefits (GEB), including iPMI activities known as GGH (Generali Global Health)
  • Arte Generali

GEB, headed by Ludovic Bayard since May 2022, previously reported to the general manager Italy, who also oversaw Generali Corporate and Commercial.

Jean-Laurent Granier, previously in charge of France and Europ Assistance, will head the new unit, reporting to group CEO Philippe Donnet.

According to a press release, the objectives of the reorganization include reinforcing the role of the group head office towards business units; improving operational efficiency and accelerating Generali’s digital transformation; further implementing the group’s ESG strategy in investments and products; facilitating coordination and operating synergies.

In addition, the following organizational changes will be effective from 1 September:

  • Marco Sesana, current country manager Italy and global business lines, is appointed general manager of the group head office function, managing on a group level transformation; marketing; investments; life and health insurance, P&C insurance, claims and reinsurance; as well as sustainability and social responsibility.
  • Giancarlo Fancel, currently group chief risk officer, is appointed country manager Italy.
  • Carlo Ferraresi, currently CEO of Cattolica Assicurazioni, is appointed group chief risk officer.
  • A new business unit is created, including Germany, Austria and Switzerland, headed by Giovanni Liverani
    • Stefan Lehmann, currently chief business officer exclusive sales at Generali Deutschland, becomes country manager Germany.
  • Jaime Anchústegui, CEO International, now also oversees the Eastern European countries (EEC).

The PDF version of the press release can be downloaded here.

Generali’s new organization chart:

 

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