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Allfunds reinforces Italian sales team as local business keeps on growing

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Allfunds Bank, a B2B distribution platforms of third party funds, has appointed Michele Colavito as sales manager in Italy reporting to Cristiano Busnardo, Italy deputy director and head of sales. 

The appointment represents a further step by Allfunds to strengthen its presence in the Italian market.
 
AFB’s business in Italy seen a 14 per cent growth in the first half of the year.
 
Licia Megliani, country head of Italy and regional manager of Southern Europe & EEC, says: "The incorporation of Michele Colavito fits into the strategy of consolidation and further growth of Allfunds Bank on the Italian market, where our company has a leading position thanks to a unique business model and a strong added value service for clients. We are keen to have Michele on board reinforcing our front office as business is still growing strongly and our market position gets consolidated.”
 
Colavito, formerly sales manager of Société Générale Securities Services, also worked at Swift Trade and BNP Paribas Security Services.   

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