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June 24, 2013 12:07 am
Christian Dargnat, chief executive of BNP Paribas Asset Management, has been appointed president of the European Fund and Asset Management Association, following his election last Friday.
Mr Dargnat, who was previously Efama’s vice-president, succeeds Claude Kremer, who has been the trade group’s president since 2011. Mr Dargnat will serve a two-year term, starting immediately.
Mr Dargnat said he was honoured to take up the post in his inaugural address at Efama’s annual general meeting in Amsterdam.
Alexander Schindler, a managing director at Union Asset Management, has been appointed as vice-president at Efama.
A new board of directors has additionally been elected to serve a two-year term. They include Laurent Ramsey, chief executive of Pictet Funds, Joanna Cound, managing director of government affairs and public policy at BlackRock, and Allan Polack, chairman of Nordea Investment Management.
Efama is the trade group for Europe’s investment management industry. Its 60 members and 27 related member groups oversee as much as €14tn in assets.
Mr Dargnat has been chief executive officer of BNP Paribas Asset Management and chief investment officer of BNP Paribas Investment Partners since 2009. He joined the bank from Crédit Agricole in 2006.
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