The latest moves and appointments at the Association of the Luxembourg Fund Industry (ALFI).

ALFI has elected Jean-Marc Goy as its new chairperson this week, following its annual general meeting, and has named a new board of directors. 

Goy’s mandate is effective immediately and will run for two years, the association said in a statement. 

Goy has been a member of the ALFI board of directors since June 2019 and was elected vice chairperson of ALFI in 2021. He has participated in a number of ALFI technical committees and working groups over the years and is a regular speaker at industry events, the group said.

Goy, who is conducting officer and member of the board of Capital Group’s Luxembourg management company, has over 25 years of experience in the Luxembourg fund industry.

Prior to joining Capital Group in 2018, Goy was head of international affairs for the Commission de Surveillance du Secteur Financier (CSSF), the Luxembourg Supervisory Authority of the Financial Sector, where he worked for 20 years. He also practised as a lawyer at a Luxembourg law firm between 1996 and 1998. He is fluent in Luxembourgish, German, French, English and Spanish.

“It is an honour to have been elected as the new chairperson of ALFI. Asset managers hold an important role in assisting investors achieve their savings and financial goals while simultaneously promoting economic growth. This role will serve as the cornerstone for the development of the ALFI Ambition Paper, outlining our vision for 2025 to 2030, which we aim to finalise early next year,” Goy said. 

Building upon the work of the previous ALFI board, the new board aims to ensure that ALFI is an inclusive and representative association that encompasses the whole Luxembourg investment fund sector. ALFI said it is committed to fostering diversity, equity, and inclusion across all dimensions within its organisation and the industry as a whole. It also aims to enhance exchanges with decision-makers and stakeholders, in order to help improve the legal and regulatory framework.

Another priority is to reinforce Luxembourg’s role as a thriving financial centre and a global player in investment fund activities. ALFI said its 2025 Ambition Paper, designed and implemented under the four-year leadership of Corinne Lamesch, will form the starting point of its work and remain a strong focus. Earlier this year, ALFI revised the structure and composition of its board to improve the diversity of its stakeholders and enhance inclusiveness, increasing the number of board directors from 24 to 29.