BNP Paribas director moves to Oddo AM
Nicolas Chaput has joined Paris-based Oddo Asset Management as chief executive and managing director from BNP Paribas Asset Management. His predecessor, Guido Mundt, is to develop business opportunities in German-speaking Europe.
Chaput (pictured) has also joined parent group Oddo et Cie’s executive committee and the appointment will be effective as of 1 February 2012.
Chaput will replace Guido Mundt who oversaw Oddo & Cie’s takeover of Banque d’Orsay in August 2010.
Mundt will continue to oversee research missions to find new partnerships to strengthen the group’s presence in German-speaking areas.
According to Philippe Oddo, managing partner of Oddo & Cie, “Chaput is a recognized professional in the asset management industry. The Group will benefit notably from his proven experience in fixed income and his in-depth knowledge of international markets”.
Chaput had been chief investment officer of fixed Income & money markets for BNP Paribas Asset Management since November 2007 supervising eight management centres (Paris, Milan, Amsterdam, London, New York, Tokyo, Singapore and Kuala Lumpur) managing €228bn.
Oddo AM was formed in 1987 and is currently active in France, Europe and the Middle East.
It provides institutional and retail clients with investment strategies covering major asset classes via a range of funds and mandates. The company has approximately €12bn in assets under management.