Massimo Reina succeeds Peter Stubbings who becomes Bermuda chairman
Global reinsurance broker Guy Carpenter has promoted Massimo Reina to chief executive of continental Europe and the Middle East North Africa (MENA), with immediate effect.
Reina succeeds Peter Stubbings, who has taken up the position of chairman of the firm’s Bermuda operations.
Formerly head of GC Fac International and the firm’s Italian business, Reina is now responsible for all of Guy Carpenter’s treaty and facultative operations in continental Europe and the MENA region.
EMEA operations chief executive Nick Frankland said: “We are extremely fortunate to have such breadth and depth of talent across the Guy Carpenter team. I am delighted to be announcing that Massimo has taken up the position of CEO of continental Europe and MENA. In recent years, he has achieved considerable success heading up our GC Fac and Italian operations and we look forward to seeing him achieve similar success on a wider platform in his new role.”
Guy Carpenter also announced the promotion of Malcolm Payton to head of GC Fac, London, having previously overseen the international property division. In addition, Salvatore Nicosia was promoted to head of Italy. They will both report to Reina.