French boutique Tocqueville Finance, part of La Banque Postale Asset Management (LBPAM), has appointed Mirela Agache-Durand as new chief executive officer.
Suceeding Hervé Guiriec, Agache-Durand will retain her position of deputy head of Asset Management at LBPAM.
Guiriec has been appointed head of IFRS 9 Project at La Banque Postale.
Agache-Durand has joined LBPAM in 2014 and formerly, she has held a number of multi-management roles within Oddo & Cie during 17 years, including head of Multi-Management.
As of end-December 2016, Tocqueville Finance had €1.7bn of assets under management.