T. Rowe Price has appointed Donato Savatteri from Lombard Odier as new country head for Italy.
In addition, Savatteri will also join the T. Rowe Price’s EMEA executive committee.
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At Lombard Odier, Savatteri was CEO for three years in Milan.
Prior to this, he spent 10 years at Franklin Templeton as sales director for Italy. He began his career at JP Morgan in 1997.
Also, T. Rowe Price has hired Maurizio Tassielli from Lombard Odier to manage client relationships in the Italian market.
Prior to joining T. Rowe Price, Tassielli previously served as head of sales, distributors and wholesale at Lombard Odier in Milan. He also worked at Franklin Templeton as head of fund sales and financial institutions.
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By GlobalDataPeter Preisler, director and head of EMEA at T. Rowe Price, said: "Italy is a key market for us as we continue to build our presence in the advisory market. I see this as a very positive development for our existing relationships in Italy and will position us well for future growth in this very important market."
Donato Savatteri said: "I believe the investment expertise of our 426 dedicated investment professionals combined with the strong commitment of the firm towards Italy, will allow us to build strong partnerships in the future."
