Generali Germany appoints new leadership

Generali Investments Germany has reshuffled its executive board, creating a number of new positions, in a bid to strengthen its presence in the German market.

As a result of the reshuffle, all its business departments will now be directed from Germany, as Giovanni Liverani (pictured), chairman of the board at Generali Germany confirms.

The board now includes representatives of the sales team, with Christoph Schmallenbach, chief business officer Exclusive Distribution and Dr David Stachon, chief business officer Digital and Independent Distribution joining the leadership.

Schmallenbach has been with Generali Germany since 1991 and continues to remain chairman of the board at AachenMünchener, a subsidiary of Generali Germany.

Stachon will continue to hold his role chairman of the board at Cosmos-Direct Versicherungen, another subsidiary of Generali Germany. Bernd Felske remains head of Sales for Generali Germany, where he covers exclusive distribution and distribution through brokers.

In addition to the positions of chief insurance Life and chief insurance officer P&C, the group has created the new role of chief insurance officer Health, which will be taken on by Jochen Petin, who remains chairman of the board at Central Health Insurance and Envias Health Insurance.

In addition, Peter Heise takes on the role of chief insurance officer Life, he continues to be boardmember covering life insurances at AachenMünchener he is also chairman of the board of the Generali Germany pension fund.

Ulrich Rieger takes on the role chief Insurance officer P&C, he has been a board member at AachenMünchener, where he continues to be in charge of property casualty insurances.

Milan Novotný  takes on the role of chief risk officer, he takes over the position of Nora Gürtler, who will now become group head Internal Audit of Generali Group. Novotný joins from Generali Group, where he most recently worked as chief risk officer at Generali CEE.

Stefan Lehmann (chief financial officer, Rainer Sommer (chief operation officer) and Robert Wehn (chief HR officer) continue to hold their current roles while Claudia Andersch, currently chief insurance officer, will leave the group in order to take on a new role in the industry.

All appointments are subject to regulatory approval.

Generali Germany currently covers €16.bn in insurance contributions and has 13.5m clients.

ABOUT THE AUTHOR
Mona Dohle
Mona Dohle speaks German and Dutch, she is DACH & Benelux Correspondent for InvestmentEurope. Prior to that, she worked as a journalist in Egypt and Palestine. She started her career as a journalist working for a local German newspaper. Mona graduated with an MSc in Development Studies from SOAS and has completed the CISI Certificate in International Wealth and Investment Management.

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