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New CEO At Amundi In London
Nick Parmee
27 October 2010
Laurent Crosnier has been promoted to the position of chief executive of Amundi's London branch. He will retain his current title of chief investment officer and continue to act in this capacity, reporting to Pascal Blanqué, deputy CEO of Amundi in charge of the institutional investment division and CIO of the Amundi group. The investment business of the London branch covers global fixed income, absolute return, currency, emerging debt, global corporate bonds and global equities. Amundi itself was formed by the amalgamation of the asset management arms of Crédit Agricole and Société Générale. Crosnier joined Crédit Agricole Asset Management in 1991 as a euro fixed income portfolio manager. From 2006 until 2008, he was head of inflation, duration and credit at CAAM's euro fixed income and credits department before becoming head of euro fixed income and credit. In April 2010, he was appointed CIO at Amundi’s London branch.