BNP Paribas AM names Sandro Pierri as new CEO
Sandro Pierri takes over from Frédéric Janbon as CEO of BNP Paribas Asset Management
PARIS, France - May 5, 2021 (PRESS RELEASE) - BNP Paribas has announced the appointment of Sandro Pierri as CEO of BNP Paribas Asset Management, its asset management arm, with effect from 1 July 2021.
Based in Paris, Sandro Pierri will report to Renaud Dumora, future Deputy COO of BNP Paribas, in charge of the Investment & Protection Services Division of the Group which includes BNP Paribas Asset Management, alongside BNP Paribas Cardif, BNP Paribas Wealth Management and BNP Paribas Real Estate. He succeeds Frederic Janbon, who will become Special Advisor to Renaud Dumora, to ensure the transition, before leaving the Group at the end of the year to pursue other professional opportunities.
Jean-Laurent Bonnafé, CEO of BNP Paribas group, said: "I would like to sincerely thank Frederic Janbon for his overall contribution to the BNP Paribas group, in which he spent most of his professional career.
"Since 2015, he has refocused and transformed our asset management activities into a fully integrated platform delivering solid investment performances to our clients."