Allfunds hires head of Luxembourg

 

Allfunds Bank has appointed former Eurizon Capital Ugo Sansone (pictured) to head its business in Luxembourg to help drive the firm’s international expansion. Sansone has been an active stakeholder across the Investment Fund sector in Luxembourg.

He has spent his entire career at Intesa Sanpaolo Group, leading the international commercial activities of its Asset Management affiliate, Eurizon Capital for the past ten years. At Eurizon Capital, Sansone led the international commercial and client service activities, with a relevant role at the Company’s SicavManagement Board.

Prior to joining Eurizon he held several roles at Sanpaolo Group both in UK and in Luxembourg.

Allfunds Bank’s Deputy General Manager, Gianluca Renzini , said: “We know Ugo very well as both a client and provider. He knows our company inside out and he can really extract the best from it. We consider Luxembourg strategic for our corporate development, as it is one of the most important financial centres at the heart of Europe, is a natural and logical evolution as Allfunds becomes ever more successful in following and supporting our clients and providers in their international expansion”.

Sansone said: “I am really excited to have this opportunity to build upon my long career in the European investment fund industry and apply that experience in a major fund distribution business. Regulatory change and increasing operational efficiency are key to promoting our services and to be considered as the best fund servicing outsourcer in this market. Allfunds is very well positioned in this market and I look forward to bringing it to the next level, by increasing our regional client book while supporting the international strategic development of the platform”

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