Vellano replaces Elkann on PartnerRe board

PartnerRe has appointed Enrico Vellano to its board of directors, succeeding John Elkann as Exor's representative.

Vellano is the chief financial officer of Exor.  He started his working experience in 1997  at IFIL, the investment company controlled by the Agnelli Family.

Elkann, chairman and chief executive of Exor, which owns PartnerRe, said: “Under the leadership of Brian Dowd as chairman and Jacques Bonneau as president and chief executive officer, PartnerRe is in excellent shape for the next phase of its development.”

The PartnerRe Board comprises five directors of which three are fully independent from the Company.