Sandro Pierri, CEO of BNP Paribas Asset Management, was elected as EFAMA’s President for a two-year term, running until June 2025.
Sandro Pierri has been the CEO of BNP Paribas Asset Management since 2021. He has over 30 years of experience in various leadership roles within the asset management industry, including as former CEO of Pioneer Investments.
Massimo Greco, Vice-Chair Asset Management EMEA at JP Morgan Asset Management, was also elected as EFAMA’s Vice-President. Mr Greco has been Vice-Chair Asset Management EMEA since earlier this year, after heading EMEA Funds for J.P. Morgan Asset Management since 2012. He has 25 years of senior leadership experience at JP Morgan Asset Management and has previously served two terms as an EFAMA Board member.
President of EFAMA, Sandro Pierri, commented: “It is an honor to serve as EFAMA President for the next two years. In a challenging financial environment, regulation has become a key competitive component for our industry while navigating through major strategic transitions such as the retail investment strategy, sustainable finance and tech. I am deeply convinced that EFAMA has an essential role to play, to help build a true European Capital Markets Union to serve our clients and European savers but also finance the net zero transition. Our industry needs clear rules that allow fund and asset management companies to operate efficiently throughout the Union and beyond and I am truly committed to ensure the voice of our industry is heard at European and international levels.”
Pierri takes over from Naïm Abou-Jaoudé, CEO of New York Life Investment Management and EFAMA President since 2021.
Mr. Abou-Jaoudé commented: “I would like to congratulate and wish the best of luck to my successor and friend, Sandro Pierri. I have full confidence that he will lead EFAMA with excellence, ensuring our industry’s continued growth and success. I would also like to welcome EFAMA’s new Vice-President, Massimo Greco, and wish the very best to both of you in your mandate.”
