Generali tops Institutional Investor rankings. Philippe Donnet named best CEO in the insurance sector
08 September 2023 - 14:10
- Generali also leads the insurance sector in the Best CFO, Best ESG program, Best IR Team, Best IR Events and Best IR Professionals categories
Milan – Generali Group CEO Philippe Donnet was named "Best CEO" for the second consecutive year in the insurance sector in the 2023 edition of the All-Europe Executive Team annual ranking by Institutional Investor, the specialist magazine and independent research company in the field of international finance.
This success was mirrored across a number of key categories, with Cristiano Borean confirmed as the "Best CFO" in the insurance sector.
The Investor & Rating Agency Relations team also ranked first in the "Best IR Team", "Best IR Professionals" - Fabio Cleva (#1) and Rodolfo Svara (#3 sellside) -, "Best IR Program" and "Best IR Event" categories.
Generali was also awarded first position in the "Best ESG" and second position in the "Best Company Board" categories.
Generali Group CEO, Philippe Donnet, said: “We are proud that the financial community has once again recognised Generali’s commitment to international best practice when it comes to engagement. As Europe’s leading insurer, our focus on providing information with timely, clear and trusted communication is essential as we successfully deliver our ‘Lifetime Partner 24: Driving Growth’ strategy. I am thankful to all the colleagues for their outstanding work, which allowed our Group to receive these important recognitions.”
The Institutional Investor ranking reflects the evaluations of more than 1,600 professionals, institutional investors and financial analysts. The CEOs were assessed on the criteria of credibility, leadership and communication, whereas CFOs were evaluated based on capital allocation, financial stewardship and communication. In addition, the quality of the board of directors and ESG metrics were assessed.
A number of factors were examined to assess Investor Relations activities, including roadshows, quality of financial information, business and market knowledge, and the company's reactivity and standing.