Mantero, who joined the insurer in 2016 and is now chief financial officer for commercial insurance, will report to Chief Executive Mario Greco, the group said in a statement here on Tuesday.

He succeeds Giovanni Giuliani, who will become chief executive officer of Zurich Italy, subject to regulatory approval. (Reporting by Michael Shields Editing by Mark Potter)

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His new role will involve oversight of all strategy resources globally and aims to strengthen coordination and collaboration between the wider group as well as regional offices.