Noël Amenc has announced his resignation as director of EDHEC-Risk Institute.

He will be replaced by Lionel Martellini, the current scientific director of the institute.

Amenc, who is also a professor at EDHEC Business School, has led the EDHEC-Risk Institute since 2001, overseeing its expansion and efforts to become a leader in financial research, particularly smart beta.

He has now resigned to focus on his role as chief executive at ERI Scientific Beta, the institute’s initiative to put its research on smart beta into practice.

Amenc will also continue to grow the institute’s presence in Singapore, EDHEC-Risk Institute Asia, which focuses on infrastructure financing and investment.

His research achievements are found primarily in the fields of quantitative equity management, portfolio performance analysis and active asset allocation.

Amenc was also appointed to the Consultative Working Group of the European Securities and Markets Authority (ESMA) Financial Innovation Standing Committee.