Allfunds announces new organisational structure at global level to strengthen leadership in the WealthTech industry

Driven by a strong international growth, Allfunds has announced that it will reorganise its commercial structure splitting it into two divisions, Pension & Insurance and Wealth Management.

As part of this, Licia Megliani, Country Head for Italy and Regional Manager Southern Europe & EEC, has been announced as Global Head of Pension & Insurance Division. Megliani was Country Head of Italy for over 12 years.

Laura González, Regional Manager Iberia and Latin America, has similarly been announced to have an expanded role, being named as Global Head of Wealth Management Division. González has been with Allfunds for nearly 9 years.

The new organisational structure will enable Allfunds to strengthen its leadership in the WealthTech industry, where the company already plays as the largest third-party fund distribution platform in Europe as well as one of the leaders globally, with an offer of nearly 87,500 funds from more than 1,650 fund houses, agreements with over 685 distributors (commercial and private banks, insurance companies, fund managers, international brokers and specialised companies) in 51 countries, according to a press release by Allfunds.

Following the new global role assumed by Megliani, the position of Country Head for Italy has been entrusted to Stefano Catanzaro, former General Manager for Italy of BNP Paribas Securities Services, where he gained over 20 years of professional experience, holding various roles of responsibility such as Head of Asset & Fund Services and Head of Sales and Management Relations for institutional investors. Catanzaro, who will report to Gianluca Renzini, coordinates a team of more than 60 people and will manage institutional relations with clients, Authorities, providers and Italian Asset and Wealth Management companies in constant alignment with the headquarters in Madrid and with the two new commercial divisions.

In addition to her global role as Head of Wealth Management, Laura González will continue to act as Regional Manager Iberia & Latin America until her future replacement is appointed during 2020.

Gianluca Renzini, Deputy General Manager and Chief Commercial Officer, Allfunds, said “The new organisational structure of the global sales management, along with the strong expertise of all the selected managers will bring added value on strategic planning, global management, specialisation by expertise, constant innovation of technological solutions and services in support of the specific needs of wealth managers around the world, while contributing to the development and to the access to new countries. The new divisions will work alongside the local Country Heads to combine global expertise with the specific features of local markets, increasingly improving our offering. As a pioneer in the digital revolution applied to the asset and wealth management industry, Allfunds is preparing for a new phase of strengthening and growth, at a time of great transformation in the industry where FinTech, Big Data and Digital Transformation play a leading role.”