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Anbang's European unit names chief investment officer

Nicolo Salsano will join Anbang Insurance Group Co. Ltd.'s European unit, Anbang Belgium Holding NV, as chief investment officer and a member of the executive committee in September.

Salsano will support Anbang Insurance's growth in Europe by focusing on M&A and portfolio management, the group said June 6. He previously co-headed Credit Suisse Group AG's German and Austrian investment banking department.