Natixis Asset Management has appointed Valérie Derambure as deputy CEO, responsible for finance and operations.
She succeeds Jean-François Baralon who has been named head of Distribution France, Monaco and French-Speaking Switzerland of Natixis Global Asset Management.
In addition, Ibrahima Kobar has been appointed deputy CEO in charge of fixed income management business.
Both appointments are effective 3 April. Derambure and Kobar report to Matthieu Duncan, chief executive officer of Natixis Asset Management.
Derambure was hitherto deputy CEO of Natixis’ subsidiary Banque Privée 1818. She has been working within Natixis group since 2004. Derambure started her career in 1986 at Deloitte Audit before joining CPR where she was successively project head, head of Management Control and financial director of CPR group’s arm in the US.
She has also held management control roles at CIC Paris and CDC Ixis Capital Markets.
Kobar was co-head of Asset Management at Natixis Asset Management, responsible for fixed income since 2012. He joined Natixis group in 1994 (Ixis Asset Management at the time) as insurance portfolio manager in the fixed income division. He was appointed head of Insurance Portfolio Management, Derivatives and Structured Products in 1998 before becoming head of Fixed Income and member of Natixis’ executive board in 2007.
He began his career in 1989 as a statistician at Societe Generale then he moved to Midland Bank as fixed income manager in 1991.
Natixis Asset Management had over €360bn of assets under management as of end-December 2016.