Allfunds names Sansone to head Luxembourg operations

Allfunds Bank has named Ugo Sansone, former Eurizon Capital head of international business development, to head its business in Luxembourg.

Allfunds names Sansone to head Luxembourg operations

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Sansone has spent his entire career to date at Intesa Sanpaolo Group, leading the international commercial activities of its asset management affiliate Eurizon Capital for the past ten years.

At Eurizon Capital, he led the international commercial and client service activities, sitting on the company’s SICAV management board.

Prior to joining Eurizon he held several roles at Sanpaolo Group both in UK and in Luxembourg.

The plan is for Allfunds’ Luxembourg operations to support the international growth of the platform across the world and incorporate more institutional clients across France and the Benelux region, the company said.

Allfunds Bank deputy general manager, Gianluca Renzini, said Sansone knew the company inside out and he could “really extract the best from it”.

“We consider Luxembourg strategic for our corporate development, as it is one of the most important financial centres at the heart of Europe.”

Created in 2000 and owned in equal parts by the Santander and Intesa Sanpaolo groups, Allfunds Bank has more than €200bn assets under administration and offers close to 40,000 funds from 450 fund managers.

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