BNP Paribas Asset Management Appoints New CEO

BNP Paribas Asset Management has appointed its deputy chief executive and global head of client group, Sandro Pierri, to take the reigns as its next chief executive officer on July 1st. He joined BNP Paribas in 1988, most recently leading the French group’s asset management arm for the last six years. Pierri has spent the last four years as global head of client group at BNP Paribas Asset Management after he was appointed deputy chief executive in January this year. Previously in his career, he also worked at Pixel Investment Management as CEO for less than a year and at ING Investment Management for nearly a decade, notably as CEO of the firm’s division in Italy. Following ING’s acquisition by Unicredit, he went on to spend over a decade at its asset management arm, Pioneer Investments, before leaving the firm in 2015 after three years as chief executive.