HONG KONG - Generali announces that Cillin O’Flynn has stepped down as Chief Executive Officer of Generali Life (Hong Kong) Limited (“Generali Life”) and General Manager of Assicurazioni Generali S.p.A – Hong Kong Branch (“Generali Hong Kong Branch”), effective on 8 July 2021.
Generali will begin the selection and recruitment process for a new Chief Executive Officer and General Manager. During this period, Arsh Kaumi, Chief Financial Officer of Generali Hong Kong1, is appointed ad interim as Chief Executive Officer of Generali Life, and David Fontaine, Chief Insurance Officer of Hong Kong Branch, is appointed ad interim as Generali Manager of Generali Hong Kong Branch. Arsh and David will also maintain their current roles.
Rob Leonardi, CEO of Generali Asia, said, “On behalf of Generali and the management team, we thank Cillin for his significant contribution to Generali for the past 12 years. He has been with Generali since 2010 in several senior positions in Ireland, United Arab Emirates and Italy, joining Hong Kong operations in 2017 and was a key driver in moving Generali Hong Kong forward across all aspects of the business in alignment to the Generali Group Strategy."
He continues, "Hong Kong is an important part of Asia and enjoys the unique position of being a developed market with sophisticated financial infrastructure. We are committed to accelerate the growth of Generali in Hong Kong in supporting Generali Group’s ambition to be a Lifetime partner to our customers and business partners.”
About Generali Hong Kong1
Since the 1970s, Generali Hong Kong has enabled people to shape a safer future by caring for their lives and dreams. Over the years, we focus on understanding the specific and unique requirements of our customers. This serves as the core of our action in providing solutions to meet our customers changing needs. With our extensive distribution network and partnership with our intermediaries and a combination of our local knowledge with Generali Group’s global network and experience, we develop unique, innovative, simple, and flexible financial solutions for our customers.
About Generali Group
Generali is one of the largest global insurance and asset management providers. Established in 1831, it is present in 50 countries in the world, with a total premium income of more than € 70.7 billion in 2020. With more than 72,000 employees serving 65.9 million customers, the Group has a leading position in Europe and a growing presence in Asia and Latin America. Generali’s ambition is to be the life-time partner to its customers, offering innovative and personalized solutions thanks to an unmatched distribution network.
1Refers to Generali Life (Hong Kong) Limited and Assicurazioni Generali S.p.A – Hong Kong Branch