The European Fund and Asset Management Association (Efama) has elected Naïm Abou-Jaoudé, CEO of fund manager Candriam, as its next president.
He takes over from Nicolas Calcoen, deputy general manager of Amundi and an Efama board member since 2012, whose two-year term has come to an end.
Abou-Jaoudé has been at the helm of Candriam since 2007, and comes with over 30 years of experience in the investment management industry, holding various roles including fund manager and chief investment officer.
He will be joined by Peter Branner, chief investment officer of APG Asset Management, and Joseph Pinto, global chief operating officer of Natixis Investment Managers, who have both been appointed vice-presidents following the vote at the association’s general meeting.
Abou-Jaoudé said: “While our industry remains vital to investors in achieving their financial goals, we also now have a critical part to play in encouraging a more sustainable and inclusive future.
“As we emerge from the Covid-19 pandemic, the importance of this organisation’s work on behalf of our industry could not be more pressing.”
He also highlighted that there is “much to do in helping” Europe transition to a low carbon economy.
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