Philippe Donnet
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École Polytechnique (, ; also known as Polytechnique or l'X ) is a ''grande école'' located in Palaiseau, France. It specializes in science and engineering and is a founding member of the Polytechnic Institute of Paris. The school was founded in 1794 by mat ...
, Institut des Actuaires , occupation = , years_active = , era = , employer =
Assicurazioni Generali Assicurazioni Generali S.p.A. ( , ; meaning 'general insurances') or commonly known as Generali Group is an Italian insurance company based in Trieste. As of 2022, it is the largest insurance company in Italy and ranks among the world's largest i ...
, organization = , agent = , known_for = , notable_works = , style = , height = , television = , title = CEO , term = 2016present , predecessor = , successor = , party = , movement = , opponents = , boards = , criminal_charges = , criminal_penalty = , criminal_status = , spouse = , partner = , children = , parents = , mother = , father = , relatives = , family = , callsign = , awards = , website = , module = , module2 = , module3 = , module4 = , module5 = , module6 = , signature = , signature_size = , signature_alt = , footnotes = Philippe Donnet (born 26 July 1960 in
Suresnes Suresnes () is a commune in the western inner suburbs of Paris, France. Located in Hauts-de-Seine, from the centre of Paris, it had a population of 49,482 as of 2020. Suresnes borders the Bois de Boulogne in the 16th arrondissement of Paris, ...
,
France France, officially the French Republic, is a country located primarily in Western Europe. Overseas France, Its overseas regions and territories include French Guiana in South America, Saint Pierre and Miquelon in the Atlantic Ocean#North Atlan ...
) is a French business executive with Italian citizenship and has been the
CEO A chief executive officer (CEO), also known as a chief executive or managing director, is the top-ranking corporate officer charged with the management of an organization, usually a company or a nonprofit organization. CEOs find roles in variou ...
of
Assicurazioni Generali Assicurazioni Generali S.p.A. ( , ; meaning 'general insurances') or commonly known as Generali Group is an Italian insurance company based in Trieste. As of 2022, it is the largest insurance company in Italy and ranks among the world's largest i ...
since March 2016.


Education

Donnet entered
École Polytechnique (, ; also known as Polytechnique or l'X ) is a ''grande école'' located in Palaiseau, France. It specializes in science and engineering and is a founding member of the Polytechnic Institute of Paris. The school was founded in 1794 by mat ...
in 1980 and graduated in Engineering in 1983; there he met Claude Bébéar, the founder of AXA, who later became his mentor. In 1986, he became an actuary, and in 1991 he became agrégé at the Institute of Actuaries of France.


Career


Early career

In 1985, Donnet began his insurance career at AXA, where he held different positions until 1997, when he was appointed Deputy Managing Director of AXA Conseil. In 1999, Donnet was appointed CEO of AXA Assicurazioni in Italy and then in 2001 he was appointed Regional CEO, responsible for the Mediterranean region, Middle East, Latin America and Canada. Additionally, in 2002, Donnet was assigned the role of chairman and CEO of AXA Re as well as Chairman of AXA Corporate Solutions. In 2003, Donnet was named CEO of Axa Japan where he operated in the context of an economy characterized by very low interest rates; in 2006 he took on the role of CEO for the entire Asia-Pacific region. In 2007, he left the insurance sector for a period of six years to take on the position of General Manager for the Asia-Pacific region at Wendel Investissement, Singapore. In 2010, Donnet founded HLD, an investment firm. In 2008, he joined the Board of Directors of Vivendi, a role he kept until 2016.


Career at Generali

Donnet joined Generali in 2013 as country manager for Italy and CEO of
Generali Italia Generali Italia S.p.A. or simply Generali is an Italian insurance company based in Mogliano Veneto, which is a subsidiary of Assicurazioni Generali, Generali Group. Alleanza Assicurazioni, Cattolica Assicurazioni, DAS, Genertel, Generali Welion, G ...
. He led the integration of five Generali Group brands (Generali, Ina Assitalia, Toro, Lloyd Italico e Augusta). In the same period, starting from February 2015, he held the position of Chairman of the MIB School of Management in Trieste for three years. Appointed CEO of Generali Group on 17 March 2016, under his management the Group's results improved significantly between 2016 and 2021: the operating result grew from 4.8 billion to reach 5.9 billion euros (the best operating result ever), the net result reached 2.8 billion from 2.0 billion euros,
debt Debt is an obligation that requires one party, the debtor, to pay money Loan, borrowed or otherwise withheld from another party, the creditor. Debt may be owed by a sovereign state or country, local government, company, or an individual. Co ...
dropped to 9.6 billion from 13.1 billion euro, and the Solvency Ratio rose to 227%, up from 175%. Under his guidance, Generali renewed its relationship with
Venice Venice ( ; ; , formerly ) is a city in northeastern Italy and the capital of the Veneto Regions of Italy, region. It is built on a group of 118 islands that are separated by expanses of open water and by canals; portions of the city are li ...
, collaborating in the restoration of the Royal Gardens (2019), restoring the Procuratie Vecchie (reopened to the public in 2022), and participating in the foundation of the association "Venice, the world capital of sustainability.” In May 2016, he was appointed Chairman of
Generali Italia Generali Italia S.p.A. or simply Generali is an Italian insurance company based in Mogliano Veneto, which is a subsidiary of Assicurazioni Generali, Generali Group. Alleanza Assicurazioni, Cattolica Assicurazioni, DAS, Genertel, Generali Welion, G ...
, a role he held until August 2022. In 2022, Generali’s outgoing board put forward Donnet for a third mandate as CEO. On 29 April 2022, Donnet was reconfirmed as Group CEO of Generali, with the majority of votes of the Shareholders' Meeting in favour of his reappointment.


Other activities

* Italian National Association of Insurance Companies (ANIA), Vice President (2016-2017) * He supported the creation of The Human Safety Net, Generali's initiative to help vulnerable families and the integration of refugees through work and entrepreneurship, of which he is a Board member (since 2017) * Insurance Development Forum (IDF), Member of the Steering Committee (since 2022) * Domaine national de Chambord, President of the Board of Directors (since July 2023) * Pan-European Insurance Forum (PEIF), Chair (since October 2024)


Personal life

Donnet is a former rugby player and he is among the major French wood barrel manufacturers. He is very attached to the city of
Venice Venice ( ; ; , formerly ) is a city in northeastern Italy and the capital of the Veneto Regions of Italy, region. It is built on a group of 118 islands that are separated by expanses of open water and by canals; portions of the city are li ...
, where he chose to reside; on 23 April 2021, he was conferred Italian citizenship by the mayor
Luigi Brugnaro Luigi Brugnaro (born 13 September 1961) is an Italian conservative politician and entrepreneur who has been the mayor of Venice, since taking office on 15 June 2015. Since July 2021, he is also president of Coraggio Italia (CI), a political par ...
. He is passionate about cycling and tennis and has three children.


Honours and awards

* : ''Chevalier'' (Knight) of the
Ordre national du Mérite The (; ) is a French order of merit with membership awarded by the President of the French Republic, founded on 3 December 1963 by President Charles de Gaulle. The reason for the order's establishment was twofold: to replace the large number of ...
in 2006 * : ''Chevalier'' (Knight) of the
Légion d'honneur The National Order of the Legion of Honour ( ), formerly the Imperial Order of the Legion of Honour (), is the highest and most prestigious French national order of merit, both military and Civil society, civil. Currently consisting of five cl ...
in 2016 * : ''Cavaliere'' (Knight) of the
Order of Merit for Labour The Order of Merit for Labour () is an Italian order of chivalry that was founded in 1923 by King Victor Emmanuel III of Italy, Vittorio Emanuele III. It is awarded to those "who have been singularly meritorious" in agriculture, industry and co ...
in 2021


Other awards

* In 2022, 2023, and 2024 he was named "Best CEO" of the insurance sector in the All-Europe Executive Team ranking of Institutional Investors * In 2023 ** the Foreign Policy Association awarded him the "Corporate Social Responsibility Award" ** the Fondazione Premio Galileo 2000 awarded him the "Premio Galileo 2000 per l'Impresa"


See also

*
Assicurazioni Generali Assicurazioni Generali S.p.A. ( , ; meaning 'general insurances') or commonly known as Generali Group is an Italian insurance company based in Trieste. As of 2022, it is the largest insurance company in Italy and ranks among the world's largest i ...
* Andrea Sironi


References

{{DEFAULTSORT:Donnet, Philippe French chief executives Living people 1960 births École Polytechnique alumni