Candriam hires head of Italy from BNP Paribas
Candriam Investors Group has appointed Matthieu David as head of Candriam Investors Group Italy.
David will report directly to Renato Guerriero, global head of European Client Relations, who recently was appointed member of the Executive Committee.
David will be responsible for Candriam’s business development strategy in Italy in order to leverage Candriam’s proprietary platform and investment expertise. In addition to consolidating Candriam’s presence in the pension fund and institutional mandates sector, he will lead the company’s growth in asset management and distribution.
He will lead a team of four sales managers and will coordinate local support functions including Client Relations and Marketing.
David has over 20 years experience and joins Candriam Investors Group from BNP Paribas Investment Partners where he was the director of External Distribution in Italy, after having led the Retail division from 2010 to 2013.
While at BNP Paribas Investment Partners, he was responsible for implementing the newly created European retail sales division and defining the strategy for investment solutions. From 2007 to 2010 he held the position of Senior Client Relationship Manager at Fortis Investments Management Italia.
Prior to Fortis, he spent more than ten years with AXA Group in Italy, working on sales development, planning and control, real estate management and internal audit.
Candriam Investor’s Group also announces two new hires to the sales team in Italy – Alessandro Malinverno and Ergys Luga. Alongside Emanuele Colombo and Jessica Fasan presently in Italy, Alessandro Malinverno and Ergys Luga will assist in developing the distribution of Candriam funds through Italian banks and financial advisors network including institutional clients.
Alessandro Malinverno, 50 years old, joins from Banca Reale in Italy where he was the Head of Third Parties and the Distribution Network from 2011 onwards. At Banca Reale, M. Malinverno developed significant experience in the field of distribution and fund selectors. From 2009 to 2011 he was the Head of Wholesale and Retail Advisory at Pioneer Investments, and before the merger he worked as an Investment and Institutional Relationship Manager at Capitalia AM from 2005 to 2009.
Ergys Luga, 33 years old, joined Candriam in 2009 and spent four years as an Alternative Investment Specialist. In 2013 he joined the sales team where he was first covering the Nordic market and recently relocated to Italy. Candriam Investors Group opened its’ office in Italy in 2000 and is among the leading asset managers in Italy in the pension fund industry with a total of 24 management mandates and 2.8 billion Euros in total in managed funds (data as of 31 December 2014).
“I am delighted that Matthieu David joins our team as head of Italy. Thanks to Matthieu’s exceptional track-record and combined with the addition of two highly skilled team members – Alessandro and Ergys – we are now fully positioned to continue our expansion and our presence in the wealth management and retail segments in Italy. Matthieu’s appointment will assist in extending our sales relationships with leading Italian banks and third-party distribution networks as we continue to position Candriam Investors Group, part of the New York Life Investments multi-boutique investment companies, as a asset manager of choice”, said Renato Guerriero, Global Head of European Client Relations and Member of the Executive Committee.