State Street has appointed Christian Bongiovanni as the regional segment head for insurance in Europe, the Middle East and Africa (EMEA), based in Milan.
Reporting to Akhil Jain, global head of insurance, and Jörg Ambrosius, head of EMEA, Bongiovanni is responsible for advancing the end-to-end service proposition for the firm’s insurance clients.
Most recently, Bongiovanni worked at the Boston Consulting Group, where he led advanced analytics for insurance across Europe.
Prior to this, he spent 17 years at McKinsey & Co, where he was a partner of the insurance practice and co-leader of advanced analytics in insurance. He also held management oversight in Europe and the US.
The appointment of Bongiovanni follows a string of hires by State Street this year particularly in support of its insurance clients,
In September, State Street hired Nils Hoffmann as a client executive for EMEA, based in Frankfurt.
Elsewhere, in Hong Kong, Joanne Siu was appointed as head of SPDR exchange-traded funds, Hong Kong.
Commenting on the new appointment of Bongiovanni, Ambrosius said: “As insurance companies continue to expand operations to support their growth agenda, they require a consolidated front-to-back operating model and a global provider with the required expertise that can cater to their needs.”
“With our strong technology solutions and Christian Bongiovanni’s broad international experience having worked for large insurers and their asset management units, our clients can focus on strengthening the capabilities that set their business apart to support differentiation and growth,” he added.
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