Intesa Sanpaolo Group’s firm Eurizon has expanded its team in Germany and opened an office in Switzerland in a move aimed at increasing its presence in Europe.
The Italian firm has appointed Jörg Ahlheid as senior sales manager for Germany and Austria and Howard Luder as country head for Germany, Austria and the Netherlands. Both appointments, joining Eurizon sales team in Frankfurt, have more than 20 years’ experience, developing business for some of the world’s leading asset managers and for several major specialised investment boutique concerns.
Eurizon has also expanded its commercial presence in Switzerland, with Manuel Dalla Corte as Country Head Switzerland, who has 14 years’ experience in the distribution of funds on the wholesale market.
The two new structures, coordinated by the Luxembourg-based Eurizon Capital – whose CEO is Marco Bus – join the French branch in Paris. Romain Roucoules, country head, and Cedric Genet, senior sales manager for France and Belgium, are already operative here.
Roucoules and Genet have more than 20 years’ asset management experience with a particular focus on institutional clients.
Finally, Eurizon has initiated the authorisation process for the opening of a commercial branch in Spain.
The establishment of new offices in Europe and the strengthening of the existing ones are included in the objectives of the Intesa Sanpaolo Group’s 2018-21 Business Plan. The Group aims to become a European leader in the Wealth Management & Protection area.
Gabriele Miodini, head of Sales & Client Management at Eurizon Capital, said: “We have opted to grow our business in certain strategic European countries, through the establishment of local branches. We believe that our presence in the field represents the best approach for penetrating these markets, as it facilitates relations with domestic institutional customers.
“Germany, France and Switzerland are included as key countries in our plan to strengthen our presence in Continental Europe; these are flanked by Spain and Nordics, where we have been establishing fruitful collaborations with networks of local placement agents for some time now.”