EUROPE - Credit Agricole Asset Management has appointed three senior executives, including an equity investment chief and strategy head, in a bid to strengthen its Paris-London-Milan links.
Paris-based Christophe Lemarié, former marketing chief at CAAM, has been named head of equity investment, asset allocation and arbitrage. He reports to CAAM chief investment officer Pascal Blanqué.
He succeeds Christian Dargnat, who was at CAAM for some 10 years. He left the group at the end of June, but no further details could be given.
Lemarié was also head of marketing at Credit Lyonnais Asset Management from 2002 onwards.
Milan-based Marco Piersimoni, responsible for strategy at CAAM SGR (formerly Nextra Investment Management) in Italy for the past three years, has been appointed strategy head at CAAM.
He replaces Benjamin Melman, who will be leaving shortly after some three years at CAAM.
According to a CAAM spokesperson, this appointment in particular will strengthen the links with CAAM SGR in Italy.
Before joining CAAM SGR, Piersimoni was a fund manager at Comit Asset Management, where he helped set up the multi-manager business.
Meanwhile, Patrick de Fraguier has been named deputy strategy head at CAAM, and will be based in Paris.
According to a spokesperson for CAAM, De Fraguier’s appointment is a new position created to further strengthen the asset management team.
De Fraguier, 45, was formerly head of CAAM’s global balanced management team for two years. Before this, he spent 14 years as head of the euro fixed income management team at Credit Lyonnais Asset Management between 1989 and 2003.
Lemarié, Piersimoni and De Fraguier started in their new posts on Monday.