The ’succession planning’ move does not suggest Luca Albertini is stepping down

Leadenhall Capital Partners has announced the promotion of Lorenzo Volpi to Deputy CEO with immediate effect.

Volpi joined Leadenhall in July 2010 from Aon and has been leading its Business Development function since then and has been an integral member of the senior management team which has attracted institutional investors to its specialist ILS business.

He will maintain his responsibilities as head of Business Development and will be attending some of Leadenhall’s governance bodies such as the Management Board and Valuation and Reserving Committee.

The move does not signal any intention of Leadenhall’s current CEO (Luca Albertini) to step down, but provides clarity on the succession planning for the future