Carmignac appoints six new board members including former UBS executive

Carmignac, the well-known French asset management firm founded by Edouard Carmignac, has recently announced the addition of six new members to its Board of Directors. This move is aimed at strengthening the company's governance and strategic oversight.

New Board Members

One of the new members is Paolo Federici, a former executive at UBS, who brings extensive experience from his time as Market Head for UBS Global Wealth Management in Italy.

Other notable appointments include Alexander Leisten, a non-executive director at Fidelity International, and Habib Achkar, who held leadership roles at Morgan Stanley in the Middle East and North Africa.

Enhancing Strategic Direction

The goal of these appointments is to enhance Carmignac's strategic direction and competitive edge in the asset management industry. The new board members come from diverse backgrounds and bring a wealth of experience from various sectors of the financial industry.

Valuable Insights

Pascale Guillier, who has a legal background and editorial experience, provides valuable insights into regulatory and compliance matters.

Expertise in Sales, Marketing, and Operations

Rose Ouahba and Christophe Peronin, both Managing Directors at Carmignac, bring their expertise in sales, marketing, and operations to the board.

Strengthening Governance and Oversight

The expansion of the Board of Directors is part of Carmignac's strategy to strengthen governance and oversight. The existing board, led by Edouard Carmignac and Maxime Carmignac, is already comprised of key figures in the company. The inclusion of experienced professionals from different financial institutions demonstrates Carmignac's commitment to a robust governance framework.

Addressing Challenges and Opportunities

With the diverse expertise of its board members, Carmignac is well-prepared to address the challenges and opportunities in the asset management sector. The firm aims to leverage this expertise to enhance its service offerings and meet the evolving needs of its clients.

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