People Moves

Who's Moving Where In Wealth Management? - EFG International, BNP Paribas AM, Others

Editorial Staff, 4 May 2021


The latest senior moves in wealth and asset management from a number of centres around the world.

EFG International
EFG International, the Zurich-listed group, yesterday said it has appointed Harald Reczek as a member of its executive committee. This comes after he was named as new head of investment solutions and as a member of the global business committee at the firm in March.

BNP Paribas
BNP Paribas Asset Management has appointed Olivier de Larouzière as chief investment officer for global fixed income. He is based in Paris and reports to Rob Gambi, BNPP AM’s global head of investments.

De Larouzière will be responsible for managing BNPP AM’s global fixed income platform and retain his existing responsibilities as head of BNPP AM’s Global Multi Strategy Product team and will additionally join BNPP AM’s business, investment and investment management committees. 

With 25 years’ experience of fixed income investment, De Larouzière joined BNPP AM in January 2019 to manage the GMS team, having previously been co-CIO of fixed income at Ostrum Asset Management.  Prior to that he was a senior portfolio manager at Credit Lyonnais Asset Management, having begun his career as a fixed income portfolio manager at Ecureuil Gestion.  

BNPP AM’s global fixed income group collectively managing €168 billion ($202.7 billion) of assets (as at 31 December 2020) in single- and multi-strategy products across sovereign debt, corporate credit, emerging market debt, structured securities and currency.

Vontobel has appointed Christel Rendu de Lint as deputy head of investments, joining from fellow Swiss private banking house Union Bancaire Privée, where she was fixed income head.

In her new function, Rendu de Lint will manage Sustainable Equity Boutique and the WM Investment & Thematics Boutique. The Boutique heads Hans Speich and Dan Scott, together with their investment teams, will continue to be responsible for portfolio management in the Sustainable Equity Boutique and the WM Investment & Thematics Boutique, respectively. In addition, Christel Rendu de Lint will lead investment services and the risk and performance team together with the team heads Gary Thompson and Sri Moorthy.

Before joining UBP, Christel Rendu de Lint was a senior fixed income portfolio manager at Pictet. She began her career in the financial sector in 2000 at Morgan Stanley in London as a senior economist in sell-side equity research. 

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