Alan Dubois, Lyxor Asset Management’s chairman, has reportedly left the firm after 12 years with the asset manager.
According to Portfolio Adviser, Lyxor said, in a letter to clients, that CEO Inès de Dinechin had been appointed as president by the supervisory board to take over Dubois’ responsibilities with immediate effect.
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Dinechin worked in a variety of roles for Societe Generale, Lyxor’s parent company, over the past 20 years, before she was promoted to CEO of the Lyxor group in March 2012.
Prior to his role as chairman of Lyxor, Dubois was employed by Societe Generale and before that by Commerzbank.
Lyxor CIOs, Nicolas Gaussel and Lionel Erdely, will still report directly to de Dinechin, and will continue to hold responsibility for all the investment decisions and processes of Lyxor funds.
Lyxor said no further changes were expected in the governance and operations of the asset manager.
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