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BNP Paribas AM names Sandro Pierri new CEO

BNP Paribas AM lines up next CEO

BNP Paribas AM lines up next CEO BNP Paribas AM lines up next CEO Mr. Pierri will replace Frederic Janbon, who will leave at the end of this year to pursue other opportunities. Details on his future plans were not available. In the interim, Mr. Janbon will become special adviser to Renaud Dumora, CEO of BNP Paribas Cardif, who will become deputy chief operating officer of parent company BNP Paribas this month. The special adviser role is temporary for the handover period between Messrs. Janbon and Pierri, a spokesman confirmed. Based in Paris and reporting to Mr. Dumora, Mr. Pierri became deputy CEO of the money management business in January. He joined as head of the global client group in 2017. Details on any replacement for the deputy CEO role were not available.

BNP Paribas AM s chief executive officer to step down

BNP Paribas AM s chief executive officer to step down Frédéric Janbon transition into new role at French asset manager ahead of moving on to take up new professional activities. 5 May, 2021 BNP Paribas Asset Management’s chief executive officer, Frédéric Janbon, is stepping down from his role, the firm has announced.  Janbon (pictured), who had been in the role for the past five years, will exit the BNP Paribas Group at the end of 2021 to pursue other professional opportunities. Janbon will be will be succeeded by BNP Paribas AM’s deputy CEO, Sandro Pierri, who will step into the role of CEO on 1 July. 

ON THE MOVE: BNP Paribas AM Names Deputy CEO; Trading Technologies Promotes Four

Traders Magazine BNP Paribas Asset Management appointed Sandro Pierri as Deputy CEO, with effect from 1 January 2021. This is in addition to his role as Head of BNPP AM’s Global Client Group, which he has held since 2017. Pierri is based in London and reports to Frédéric Janbon, CEO of BNPP AM. Pierri has more than 30 years’ experience in the asset management industry. He began his career in 1989 as a portfolio manager with San Paolo Fondi, moving to BNL Gestioni in 1992, before joining ING Investment Management in Italy in 1994, where he held several commercial roles. Between 2002 and 2003 he was Chief Executive of ING Group’s Italian retail business.  Following the acquisition by UniCredit/Pioneer of ING’s Italian business, he joined Pioneer Investments, UniCredit’s asset management division, in 2004.  He spent 10 years in various commercial and managerial positions, including being appointed CEO in 2012.

People moves: Dutch fiduciary hires, Clarks pensions director to trustee firm

Ross Trustees – Geoff McKenzie has been appointed senior trustee manager at the UK professional trustee and pensions services firm. He joins from Clarks, where he was the shoe company’s director of global pensions. He has also had senior in-house roles with other brands such as Vodafone and Barclays. Ross Trustees said he has considerable experience across a broad range of areas, including managing the merging and restructuring of pension schemes within benefits packages, outsourcing scheme administration and developing and executing member communications programmes. McKenzie said: “Ross Trustees enjoys a terrific reputation as one of the leading providers of professional pension trusteeship and associated services in the market. There is a growing need for expert professional trusteeship and outsourced pension management services and I look forward to bringing my insights to help support the firm’s clients.”

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