The European Fund and Asset Management Association, Efama, has elected M&G Securities chief executive William Nott (pictured) as president for a two-year term.
Nott takes up the presidency having just completed a two-year term as the association’s vice-president.
He succeeds Alexander Schindler, a member of the executive board of Frankfurt-based Union Investment, who has been Efama president since since 2015.
Nott has been chief executive of London-based M&G Securities, the retail funds business of M&G, since 2006 and is also chief strategy officer of M&G Group.
He has served on the Efama board of directors and the board of the UK’s Investment Association for a combined total of sixteen years.
Efama’s annual general meeting, held in London last week, also saw Nicolas Calcoen elected as vice-president for a two-year term.
Calcoen has been chief financial officer and head of finance and strategy at Amundi Group since October 2012.
He has also worked as an economist at the International Monetary Fund.
Peter De Proft, Efama director general, said: “We are delighted to welcome William Nott and Nicolas Calcoen as our new president and vice-president.
“Efama is resolute to actively engage in the global and European regulatory debates that govern and drive our business model in a new European world.”
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