Alexander Schindler, an executive board member of Germany’s Union Investment, has been elected as president of the European Fund and Asset Management Association (Efama).
The election took place during Efama’s annual general meeting (AGM) in Lisbon on June 19 and also saw members elect William Nott, chief executive officer of M&G Securities, as vice-president for the same two-year term.
Both votes were unanimous and Schindler succeeds Christian Dargnat, who was president since 2013.
Schindler became a member of the executive board of German asset manager Union Investment in January 2004 and has also been a member of the board of directors of BEA Union Investment Management, Hong Kong, since 2007.
As chief executive of M&G Securities, Nott overseas a retail business that covers the UK, Europe and Asia. He was previously chief executive officer of M&G International.
Nott has served as a member of the Board of Directors of Efama for six years and has been on the board of the UK’s Investment Association (IA) since 2007. He has also been a member of the consultative working group of the European Securities and Markets Authority‘s investment management standing committee.
Themes that Efama will focus on in the coming year include: rebuilding investor confidence and promoting investor education; developing a regulatory level playing field for investment products in the EU; and strengthening the competitiveness of the industry in terms of cost and quality.
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