Generali Asset Management (GenAM) Nomination Committee has proposed Russell Busst as the company’s next CEO, along with Filippo Casagrande for a newly created general manager role. According to GenAM, the planned management changes will keep attention on global third-party institutional and pension clients, apart from adjusting the leadership framework for an expanding organisation.
The appointments, if cleared, the leadership changes would take effect when the current CEO, Bruno Servant, reaches the end of his mandate in late April 2026.
Busst is currently CEO and chief investment officer for Conning’s European operations, which sit within Generali Investments. In his current role, he is responsible for Corporate Governance and all Portfolio Management oversight and investment strategy decision-making.
Before joining Conning in 2011, Busst was the CEO of Amundi’s UK subsidiary and Head of UK Institutional Fixed Income within the London-based Global Fixed Income Team. There, he and his team managed assets for a broad range of insurance market clients in the United Kingdom, United States, Bermuda and Europe.
At GenAM, the upcoming CEO’s responsibilities will include corporate governance and oversight of portfolio management and investment strategy-related decisions.
Casagrande, on the other hand, is the chief of investments at Generali Investments and, since March 2025, has also been chair of Generali Investments Luxembourg. He joined Generali Investments in 2009, in addition to holding senior posts in the investment function, including work on strategy and asset allocation.
Generali Investments CEO and GM Woody Bradford said, “Russell and Filippo bring outstanding profiles and highly complementary expertise, and both have a deep understanding of our platform’s growth strategy and the evolving needs of our clients. Their proposed appointments, together with this organisational change, reflect our commitment to continue advancing GenAM’s strategic trajectory and taking its success to the next level.”
“As we approach the conclusion of his mandate, I would like to express my sincere appreciation to Bruno for his leadership, for the significant achievements delivered during his tenure, and for the strong foundations he has established for GenAM’s future development,” he concluded.