Amundi, the recently-listed French asset manager, has named Nesreen Srouji chief executive of its Middle East operations, succeeding Jean Michel Bourgoin.
Srouji, who joined Amundi in May and who is based in Amundi’s Abu Dhabi offices, most recently was head of investors and the public sector for Standard Chartered, the UK-based banking group. There she looked after sovereign wealth funds and other institutional clients across the MENA region, according to an Amundi statement issued on Wednesday.
She started her career in 1997 in corporate law, first in Toronto and then in London at Freshfields Bruckhaus Deringer. She moved into investment banking in 2002, joining Goldman Sachs in London, and in 2006, set up the first mezzanine fund in the Middle East North Africa (MENA) region for the National Bank of Kuwait, the Amundi statement said.
It wasn’t immediately known where Bourgoin, who was named CEO of Amundi Middle East in December 2013, has gone. He joined Amundi in January 2010.
Amundi is Europe’s largest fund manager and one of the world’s ten largest, with assets under management of close to €1,000bn. It was created in 2010 by the merger of Crédit Agricole’s asset management operations with those of Société Générale. Its listing, last November, raised €1.5bn and was said to be the largest initial public offering on the Paris stock exchange for 10 years.