BlackRock reshuffles teams in France, Belgium and Luxembourg

BlackRock has appointed Jean-François Cirelli (pictured) as chairman and senior adviser France, Belgium and Luxembourg. He will take up his new role on 4 January 2016.

He will help develop and execute our long-term business strategies in this newly formed region, working closely with our clients, partners, senior government officials and regulators in these countries”, said David Blumer, head of BlackRock EMEA.

Jean-François Cirelli began his career in business and government in 1985. He held various positions at the Treasury division of the French Ministry for the Economy and Finance. He was successively in charge of housing policy, the General Secretariat of the Paris Club and the regulation of financial markets.

During this time he was also an alternate director for France at the IMF. In 1995, he was appointed economic adviser to the President of the French Republic, a position he held until 2002 when he was appointed Deputy Chief of Staff to the French Prime Minister, Jean-Pierre Raffarin, primarily in charge of economic, industrial and labour issues.

In 2004, he was appointed chairman and CEO of Gaz de France and he was vice chairman and president of GDF SUEZ from 2008 until November 2014. He is also chairman of the board of directors of Electrabel, board member of SUEZ Environnement, supervisory board member of Vallourec and has been president of Eurogas Association since 2010.

The company added Stéphane Lapiquonne has been appointed as head of BlackRock’s business in France, Belgium and Luxembourg, effective immediately. Lapiquonne was hitherto a member of BlackRock’s financial markets advisory group at BlackRock Solutions.

Benoit Sorel and Sylvain Favre-Gilly will see their roles expanded across France, Belgium and Luxembourg, effective immediately. Sorel will be responsible for the iShares business in this region, while Sylvain will be in charge of the institutional business.

Lastly, the company announced Eric Wohleber, having spent over nine years with BlackRock, stepped down from his role as country manager and head of iShares for France.

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