Insurer Zurich has appointed Paolo Mantero its chief strategy officer from the start of 2022 in succession to Giovanni Giuliani, who will head the company's operations in Italy, the company said in a press release Tuesday.

Lücke noch zu schliessen

Mantero is currently chief financial officer commercial insurance and joined Zurich in 2016 as head of the Group CEO’s Office. His successor will be announced in due course.

Giuliani, who has been chief strategy officer since 2016, will report to CEO EMEA & Bank Distribution Alison Martin.

Italian Advisor Network Acquired

At the beginning of August, Zurich took over Deutsche Bank's network of financial advisors in Italy. As a result of the partnership between the two companies, a business unit with 1,085 financial advisors, 97 employees and assets under management of 16.5 billion euros ($19.5 billion) will be transferred to Zurich. The insurer has been serving the Italian market for more than 30 years and says it has grown strongly there in recent years.