EFAMA, the European Fund and Asset Management Association, has elected M&G’s William Nott as its new president for a two-year term.
The election took place at EFAMA’s Annual General Meeting (AGM) hosted by The Investment Association in London on Friday. The AGM also elected Nicolas Calcoen, chief financial officer of Europe’s largest asset management company, Amundi, as EFAMA’s vice-president for the same two-year term.
Nott, who has just completed a two year term as EFAMA’s vice-president, succeeds Alexander Schindler, EFAMA president since 2015. Nott who has been CEO of M&G Securities, the retail funds business of M&G, since 2006 and is also chief strategy officer of M&G Group, will serve in the role until June 2019.
Nott has been on the EFAMA board of directors and the board of the Investment Association for a combined total of sixteen years.
Calcoen has been chief financial officer and head of finance & strategy at Amundi Group since October 2012. He has also been an economist with the Department of Public Finances at the International Monetary Fund in Washington D.C., and has held deputy director positions in the cabinet of the Minister of the Economy, Finances and Industry and the cabinet of the Minister of Budget, Public Accounts and Civil Administration in France.
He has been a member of the EFAMA Board of Directors since 2012.
In his inaugural address new president of EFAMA Nott placed investors at the forefront of the industry’s focus in what he called a “crucial” time.
“This engagement on behalf of our end investors – whose interests are our number one priority – is more important than ever at this crucial time for Europe and the European asset management industry,” he said.
Members at the EFAMA Annual General Meeting also elected a new board of directors for a two-year term.