* Filippo Casagrande to Take on Newly Created Role of General Manager

* The proposed organizational changes and appointments aim to further strengthen the company's focus on global third-party institutional and pension clients, while reinforcing the management structure of a rapidly growing organization.

Generali Asset Management ('GenAM') today announced that its Nomination Committee has proposed that Russell Büsst be appointed as incoming Chief Executive Officer.

Concurrently, the Nomination Committee has proposed that Filippo Casagrande be appointed as General Manager, a newly created role aimed at further strengthening GenAM's executive leadership structure.

Both proposals are subject to the completion of the customary approval process by the relevant corporate bodies and will become effective upon the conclusion of the current Chief Executive Officer's mandate, Bruno Servant, at the end of April 2026.

Russell Büsst currently serves as Chief Executive Officer and Chief Investment Officer for the European operations of Conning, part of Generali Investments. In this role, he is responsible for corporate governance as well as the overall oversight of portfolio management and investment strategy decision-making. His proposed appointment is intended to further enhance GenAM's ability to expand its reach among global third-party institutional clients, in line with Generali Investments' strategy to grow its Insurance and Pension Asset Management franchise.

Filippo Casagrande is Chief of Investments of Generali Investments and, since March 2025, also serves as Chair of Generali Investments Luxembourg. He joined Generali Investments in 2009 and has since held senior leadership roles within the investment function, where he has been instrumental in shaping investment strategies and overseeing asset allocation. Upon appointment, Filippo will bring strong managerial experience in leading complex and regulated organizations, together with deep knowledge of and a long-standing relationship with the Generali Group.

Woody Bradford, Generali Investments Chief Executive Officer and General Manager, commented:

"2025 was a very positive year for GenAM. In the context of a volatile market environment, the company delivered solid and resilient results, supported by consistently strong investment performance and sustained commercial momentum, with record levels of institutional mandates and continued strong client engagement.

Russell and Filippo bring outstanding profiles and highly complementary expertise, and both have a deep understanding of our platform's growth strategy and the evolving needs of our clients. Their proposed appointments, together with this organizational change, reflect our commitment to continue advancing GenAM's strategic trajectory and taking its success to the next level.

As we approach the conclusion of his mandate, I would like to express my sincere appreciation to Bruno for his leadership, for the significant achievements delivered during his tenure, and for the strong foundations he has established for GenAM's future development."

GENERALI ASSET MANAGEMENT

Part of Generali Investments, Generali Asset Management is a European investment specialist, offering a wide range of active funds and bespoke solutions across both public and private markets. The investment experience is grounded in a solid heritage, with skills that have been developed and honed over time by managing Generali Group and external clients' assets. Assets under management: EUR386.5 billion (as of December 31, 2025).

.

(C) 2026 M2 COMMUNICATIONS, source M2 PressWIRE