Paris-based asset manager Amundi makes structural changes to the organisation, and new senior appointments.

Amundi has announced a number of changes within its organisation this week, designed to streamline different divisions within the business, focus on high-growth regions such as Europe and Asia, and give clients support, it said yesterday.

Philippe D’Orgeval, deputy chief investment officer and Sarah Finkelstein, chief transformation officer, have been appointed to the General Management Committee, which includes chief executive officer Valerie Baudson and CIO Vincent Mortier. D’Orgeval has been with the firm for about 5 years and previously served as CEO of Amundi in the UK. While Finkelstein has been with the asset manager for almost 3 years, bringing public affairs experience, including roles at the French foreign and finance ministries. 

Amundi will now run its business across five divisions, designed to sharpen its strategic focus. Strategy and finance will be led by Nicolas Calcoen, deputy chief executive officer; clients (covering both retail and institutional) will be led by Fannie Wurtz, deputy general manager, head of clients group; investments led by Vincent Mortier, deputy general manager, CIO; operations and technology led by Claire Cornil, chief operating officer; and transformation, people & communication will be led by Finkelstein, chief transformation officer.

Mortier will head up the Investments division which includes both active and passive investments, as well as alternatives, the firm said in a statement. The transformation, people & communications division is totally new, led by Finkelstein, a newly-appointed member of the General Management Committee. Wurtz will head the clients division while also overseeing the business in Asia. See more here about Wurtz. The organisation will operate as three distinct regions. This includes Europe supervised by Olivier Mariée, chair Europe;  Asia supervised by Fannie Wurtz, chair Asia; and North America supervised by Nicolas Calcoen, chair North America, who also leads strategy and finance.

The asset manager also announced yesterday a few senior appointments, effective immediately. Thierry Ancona has become vice-chair of the clients group; Gaëtan Delculée, head of distribution and private banks;  Alexandre Lefebvre, head of the private assets and alternatives business; and Adrienne Meunier, deputy head of human resources.

See more about the asset manager here, here and here which manages close to €2.4 trillion ($2.8 trillion) of assets.