Life Insurance

Generali appoints group chief transformation officer



Generali appoints group chief transformation officer | Insurance Business America















Key addition to join in September


Insurance News

By
Terry Gangcuangco

Generali has announced the appointment of Cécile Paillard (pictured) as group chief transformation officer.

From September 2, Paillard will report to general manager Marco Sesana and oversee the acceleration of Generali’s transformation efforts with a focus on executing strategies to enhance digitalization and innovation in customer experience and distribution networks.

She will also become a member of the group management committee at Generali as part of her role.

Paillard brings more than two and a half decades of experience in the financial services sector, with significant expertise in strategic planning and innovation.

Her career includes leadership posts at international insurance companies, most recently serving as chief executive for the Mediterranean, Middle East, and Africa regions at Coface Group. She has also held increasingly senior positions at AXA.

Sesana commented: “Leading innovation is one of the three pillars of our strategy ‘Lifetime Partner 24: Driving Growth’, and the transformation process is a key engine powering our future growth.

With Cécile’s support, we will further strengthen our commitment towards the development of an innovative, agile, and digitally-enabled organization, for the benefit of our customers and all stakeholders.”

The C-suite addition comes on the heels of Generali’s new organizational structure, which took effect in June. Based on the restructuring, the company now operates as a diversified financial group with a focus on insurance and asset management as its two main businesses.

“This transformational change in structure is designed to further accelerate growth and address key business priorities for the insurance and asset management businesses more effectively, fully aligned with the ambitions of the group strategic plan ‘LifeTime Partner 24: Driving Growth’,” Generali said in April.

“It establishes a robust foundation for continued success and innovation, ensuring the group’s ability to capture future opportunities even more effectively and preparing the group for the next strategic cycle.”

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