BNP Paribas Asset Management’s chief executive Christian Dargnat has been appointed president of the European Fund and Asset Management Association (EFAMA).
Dargnat, who was previously EFAMA’s vice-president, succeeds Claude Kremer, who has been the trade group’s president since 2011.
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Dargnat will serve a two-year term, starting immediately, according to the Financial Times.
Union Asset Management’s managing director, Alexander Schindler, has been appointed as vice-president of EFAMA.
Alexander Schindler, a managing director at Union Asset Management, has been appointed as vice-president at EFAMA.
Additionally, a new board of directors has 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.
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By GlobalDataEFAMA is the representative association for the European investment management industry. EFAMA represents through its 27 member associations and 58 corporate members about EUR 14 trillion in assets under management of which EUR8.9 trillion managed by 54,000 investment funds at end December 2012.
