Diebel will be responsible for all aspects of the fixed income business and portfolio management.  He is a 30-year veteran of the financial markets holding a variety of risk-taking and strategy roles, most recently as global head of rates at Aviva Investors in London, where he managed global funds and portfolio managers in the UK, European and US markets. Prior to Aviva, he was head of market strategy at Lloyds Bank in London, following executive roles at institutions such at Nomura International, RBS and Société Générale.

Diebel’s addition follows a raft of appointments at the Dublin firm in recent months, including Brian O’Reilly as head of market strategy, David Holohan as head of equity strategy and Astrid Schilo as multi-asset strategist.

The firm’s MD Furio Pietribiasi said: “Charles represents another critical addition to support Christophe Jaubert and his team in evolving and developing our business strategy. At MAML we are relentlessly focused on expanding our internal competencies always to deliver better performance as well as to expand the range of strategies managed internally.”

MAML is heavily focused on emerging technologies in asset management, using a range of analytics tools and machine learning to support the customer experience and investment and risk management processes.

The asset management arm of the Mediolanum Banking Group, MAML’s AuM stood at around €33 billion at the end of 2018.