GENERALI'S Sergio BALBINOT elected new CEA vice-president
At
the CEA's General Assembly held in London on 10 June, Sergio BALBINOT,
Managing Director of GENERALI, was elected vice-president of the
federation. He will serve a term of one year, before taking over from
Tommy PERSSON as CEA president in June 2011 for a mandate of three
years. Welcoming the appointment, PERSSON said: "I am delighted with
the election of Sergio BALBINOT as CEA vice-president. Bringing a
wealth of experience as an active top level executive in GENERALI, he
will strengthen the CEA, both now and in the future."
"It is a
great honor to add to my current responsibilities at GENERALI a leading
role at the CEA. The economic crisis has triggered a wave of regulatory
reaction to which our sector must respond comprehensively. I am looking
forward to working with Tommy PERSSON, the CEA's secretariat and its
members from 33 countries at this crucial stage. Together we will work
towards an appropriate regulatory environment for the European
insurance sector", BALBINOT said, commenting on his election.
"I
very much welcome the opportunity to work with both Tommy PERSSON and
Sergio BALBINOT in further enhancing the CEA's dialogue with key
political and regulatory stakeholders", CEA Director General Michaela
KOLLER added.
Sergio BALBINOT is managing director of the
Italian insurance company GENERALI, which he joined in 1983, building
his career in several companies within the group in Italy and abroad.
Returning to GENERALI's head office in Trieste in 1995, he was
appointed Deputy General Manager in 1998, and General Manager in 2000.
Since April 2002 he has held the position of Managing Director with
responsibility for all the international insurance portfolios of the
Group.
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