(Alliance News) - Assicurazioni Generali Spa announced Monday that the board of directors approved the appointment of Stefano Marsaglia, a nonexecutive and independent director, to the investment committee with immediate effect, in line with the recommendation of the nominating and corporate governance committee.

This follows the decision of Flavio Cattaneo, a nonexecutive and independent director, to resign from that committee due to his unexpected professional commitments.

Generali's stock closed 0.6 percent in the red Monday at EUR18.84 per share.

By Chiara Bruschi, Alliance News reporter

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