T. Rowe Price names head of advisory for Italy

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T. Rowe Price has appointed Federico Domenichini as head of advisory for its Italian branch, launched at the end of 2014.

Domenichini (pictured) will be mainly responsible for the financial advisers networks and will work alongside head of financial intermediaries Maurizio Tassielli and head of institutional Fabrizio Mazzucato, in the team led by Italy’s country head Donato Savatteri.

Domechini joins T. Rowe Price from Allianz Global Investors, where he worked as head of direct distribution. Prior to that, he had worked as a senior sales manager at various companies including Fidelity and Schroders.

Donato Savatteri, Italy’s Country Head at T. Rowe Price, said: “The advisor market is hugely important to the growth of our business in Italy and Domenichini brings a wealth of experience in this channel. His appointment marks a further milestone in the development of our business in Italy and demonstrates our commitment to meeting the needs of our clients in all channels. We’ve embarked on a process of solid and continuous growth, based on our expertise in managing investments, with the aim of playing a primary role in a complex and evolving market. I am delighted to welcome him to the team”.