Naïm Abou-Jaoudé has been elected as president of the European Fund and Asset Management Association (EFAMA) for a two-year term, running until June 2023.
Abou-Jaoudé is the CEO of CANDRIAM, a position he has held since 2007. He also serves as chairman of New York Live Investments International.
He takes on the role of president with more than 30 years of experience in the investment management industry and has held various investment leadership positions including fund manager and chief investment officer.
Abou-Jaoudé takes over from Nicolas Calcoen, deputy general manager of Amundi and an EFAMA board member since 2012.
Meanwhile, the board of directors also elected Peter Branner and Joseph Pinto to the board.
Branner, chief investment officer, is a member of the management board of APG Asset Management in the Netherlands.
He is responsible for the overall investment operations and optimisation of long-term responsible investments in line with the APG strategy.
Previously, Branner has held several management roles at asset management companies over the past 30 years, including at Scandinaviska Enskilda Banken, Fortis Investments and Ikano Funds.
Pinto has been Natixis Investment Managers’ global chief operating officer since January 2020, where he oversees international business operations, IT, digital, as well as Natixis IM Solutions.
Prior to that, he spent 13 years at AXA Investment Managers, serving as chief operating officer since 2014.
Commenting on his election as president, Abou-Jaoudé says: “I am honoured to represent Europe’s investment management industry, which manages €27 trillion of assets, as EFAMA president.”
“While our industry remains vital to investors in achieving their financial goals, we also now have a critical part to play in encouraging a more sustainable and inclusive future. As we emerge from the COVID-19 pandemic, the importance of this organisation’s work on behalf of our industry could not be more pressing.”
“There is much to do and helping Europe to transition into a low carbon economy and build back better will be a top priority of mine. I look forward to working with the team and board of directors in steering the efforts of EFAMA and maximising its positive contribution at both the European and international level,” Abou-Jaoudé adds.
