BNP Paribas Asset Management announced this week the appointment of Sandro Pierri as Deputy CEO, with effect from 1 January 2021. He will be based in London and report to Frédéric Janbon, CEO of the firm.
In a press release, the asset manager revealed that he will maintain his current role as Head of the Global Client Group, which he has held since 2017. “I am honored to have been given this new responsibility and by the confidence placed in me to contribute more widely to the development of our company”, Pierri said.
Meanwhile, Janbon highlighted that Pierri has transformed their Global Client Group into an efficient sales platform. “In expanding his responsibilities, Sandro will bring his invaluable expertise to additional transversal projects. This appointment reflects the breadth of his contribution to our company and his commitment to developing our culture and values for the benefit of our clients”, he added.
Three decades in the industry
Pierri has more than 30 years’ experience in the asset management industry. He joined BNP AM in 2017 as Head of the Global Client Group, its global sales and marketing organization. The asset manager believes that he has contributed to implementing their growth plan, positioning them as “a key player offering high added value investment solutions for individual savers, companies and institutions”.
Pierri began his career in 1989 as a portfolio manager with San Paolo Fondi, moving to BNL Gestioni in 1992, before joining ING Investment Management in Italy in 1994, where he held several commercial roles.
Between 2002 and 2003 he was Chief Executive of ING Group’s Italian retail business. Following the acquisition by UniCredit/Pioneer of ING’s Italian business, he joined Pioneer Investments, UniCredit’s asset management division, in 2004, where he spent 10 years in various commercial and managerial positions, including CEO in 2012. Pierri graduated in Economics from the Università degli Studi di Torino, Italy.