Greek manager appoints CIO

Greek investment firm Piraeus Asset Management MFMC has appointed Konstantinos Kondakis as chief investment officer, effective since June 2018.

He has added this role to these of head of Ucits Portfolio Management unit he has been holding since 2013 following the merger between ATE MFMC and Piraeus Asset Management.

Kondakis succeeds Georgios Dairis, who has been named vice-chairman and deputy chief executive officer in May.

These changes occurred after the departure of former vice-chairman and deputy CEO Archontissa Proestaki in April 2018.

Piraeus Asset Management MFMC is a full subsidiary of Piraeus Bank and had more than €1bn in AUM as of end 2017.

Last month, Piraeus Bank had reached a distribution deal with M&G Investments to market the British manager’s mutual funds in Greece, upping to 14 the number of assets managers partnering with Piraeus for fund distribution.

ABOUT THE AUTHOR
Adrien Paredes-Vanheule
Adrien Paredes-Vanheule is deputy editor and French-Speaking Europe Correspondent for InvestmentEurope, covering France, Belgium, Geneva and Monaco. Prior to joining InvestmentEurope, he spent almost five years writing for various publications in Monaco, primarily as a criminal and financial court reporter. Before that, he worked for newspapers and radio stations in France, in particular in Lyon.

Read more from Adrien Paredes-Vanheule

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