FRANCE – SEI Investments has appointed Jean-Louis Azoulay as head of its French business unit.

Today the multi-manager announced that Azoulay is to be president of SEI Investments France. He will be based in Paris, and will report to Karl Dasher, managing director of continental Europe.

Prior to the promotion, Azoulay was head of distribution and partnerships at SEI Investments France. He will continue with these responsibilities.

Patrick Serre was previously president, and left at the beginning of the summer. Azoulay has been covering the role on an interim basis since.

Commenting on the French business, Dasher said: “We are committed to developing our manager of managers business in the region.”

SEI Investments manages over 85 billion dollars in assets worldwide.