The Prysmian Group announced a new organizational structure to allow the group to pursue its mid-term ambitions and to sustain the long-term leadership.

A press release said that four new business segments will be in place: Transmission, led by Hakan Ozmen; Power Grids, led by Cinzia Farisè; Electrification, led by Cristiana Scelza; and Digital Solutions, led by Frederick Persson.

The Group matrix organization will continue to stay in place to guarantee the company’s ability to be very close to the local markets and customers (through regions and countries) while reinforcing the continental and global synergies, acting as a major partner through the business segments. A strong focus on the “one company governance” will be assured by the Group functions.

Regional leadership changes were also reported. Sezgin Islamoglu will be CEO of Central East Europe; Erkan Aydogdu will lead the Middle East, Turkey, India, Africa and Russia as well as serve as CEO of Oman Cables Industries (OCI) Group; Hamavand Shroff will be appointed CEO of Oceania and South East Asia; Raul Gil will take over the responsibility for Latin America. Also, Maria Cristina Bifulco will be promoted to Chief Investor Relations, Sustainability and Communication Officer.

“Good, authentic and passionate people make the difference and build companies solid and successful” said designated CEO Massimo Battaini. “We can count on a very strong pipeline of talents which will make our growth very sustainable and our company even a more sound and strong community.”