OFI appoints CEO for private wealth management division

French manager OFI AM has promoted Julien Duquenne as CEO for its private wealth management division, OFI Gestion Privée, alongside Jean-Baptiste Kalt, co-founder and also CEO of OFI Gestion Privée.

Duquenne was hitherto CEO of Maif Solutions and in charge of the commercial development of French insurer Maif he joined in 2005 and where he held several roles.

He has also been a board member of online brokers Crédit Immobilier Direct and Meilleurtaux.com.

Duquenne started his career at LCL in 1991 as a corporate finance analyst before being appointed within consultant Oliver Wyman’s team in 1993.

He joined AXA in 1999 where he held various positions in order to develop the group’s retail businesses.

In the same time, OFI AM, backed by French mutual insurers Macif and Matmut, has reshuffled the board governance of its private wealth management division.

Philippe-Michel Labrosse, managing director of Macif’s financial and savings division, succeeds to Gérard Bourret as chairman of OFI Gestion Privée’s supervisory board.

Tristan de la Fonchais, deputy CEO at Matmut, has been named chairman of the management board, replacing Bernard Sacau.

Launched in 1971, OFI AM manages €64bn of assets as at end June 2015.

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