Generali adds Allianz’s Sun Lei as Deputy Regional Officer, Asia

Core Insights - Generali has appointed Sun Lei as Deputy Regional Officer for Asia, effective March 9th, 2026, based in Hong Kong [1][3] - The appointment aims to leverage local expertise and global scale to capture long-term potential in Asia, advance sustainable growth, and expand Generali's presence in key markets [3][4] Company Strategy - Sun Lei will report to Rob Leonardi, Asia Regional Officer, and will oversee all China-based Generali entities, enhancing governance with joint venture partners and stakeholders [3][4] - His role includes leading regional project initiatives and advancing the insurer's sustainability agenda [4] Leadership Experience - Sun Lei brings over 20 years of leadership experience in insurance, finance, and M&A across Asia and Europe, previously holding a senior role in Group M&A at Allianz SE [4][5] - He has served as President and CEO of Allianz Korea Life and as Deputy General Manager and CFO of Allianz China Insurance Holding, where he established China's first foreign-owned insurance holding company [5] Market Potential - Leonardi emphasized that Asia, particularly China, is a key growth market for Generali's Lifetime Partner strategy, and Sun Lei's appointment is crucial for strengthening the company's footprint in the region [6] - Sun Lei expressed enthusiasm about joining Generali during a pivotal moment in its Asian growth journey, highlighting the opportunities in China's evolving insurance landscape [6]