Finance

Ares hires Verdirrame from Goldman Sachs to head Italy wealth management business

Published by Global Banking & Finance Review

Posted on June 30, 2025

1 min read

· Last updated: January 23, 2026

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MILAN (Reuters) -Ares Management has appointed Alessandro Verdirrame as Italy country chief for its wealth management solutions, a newly created role, it said on Monday. Verdirrame will be based in

Ares hires Verdirrame from Goldman Sachs to head Italy wealth management busi...

(Adds dropped words "wealth management" in headline)

MILAN (Reuters) -Ares Management has appointed Alessandro Verdirrame as Italy country chief for its wealth management solutions, a newly created role, it said on Monday.

Verdirrame will be based in Milan, where Ares has recently opened an office.

He joins from Goldman Sachs, where he has spent just over a decade, most recently as an executive director in the EMEA client solutions group of Goldman Sachs Asset Management (GSAM).

At GSAM, Verdirrame was responsible for managing and expanding relationships with third-party wealth clients, including private banks, asset managers and insurance companies, Ares said in a statement.

Prior to GSAM, he was a member of the Italian sales team at UBS Asset Management and, earlier still, worked for Deutsche Bank's Asset & Wealth Management team.      

(Reporting by Valentina Za; Editing by Susan Fenton)

Key Takeaways

  • Ares Management hires Alessandro Verdirrame from Goldman Sachs.
  • Verdirrame to lead Ares' Italy wealth management solutions.
  • New role created as Ares expands in Milan.
  • Verdirrame brings over a decade of experience from Goldman Sachs.
  • Ares' strategic move to strengthen European market presence.

Frequently Asked Questions

Who has been appointed as the head of Ares Management in Italy?
Alessandro Verdirrame has been appointed as Italy country chief for Ares Management's wealth management solutions.
What was Alessandro Verdirrame's previous position before joining Ares?
He was an executive director in the EMEA client solutions group at Goldman Sachs Asset Management.
Where will Alessandro Verdirrame be based?
Verdirrame will be based in Milan, where Ares has recently opened an office.
What experience does Verdirrame have in wealth management?
He has over a decade of experience at Goldman Sachs, managing relationships with third-party wealth clients, and has also worked at UBS and Deutsche Bank.
What is the focus of Ares Management's new role in Italy?
The new role focuses on expanding wealth management solutions in Italy, targeting relationships with private banks, asset managers, and insurance companies.

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