Lyxor ETF appoints UK sales chief


Lyxor ETF has named David Lake as head of ETF Sales for UK and Ireland.

Lake will be oversee Lyxor’s distribution efforts, building Lyxor’s UK sales team and supporting existing and prospective clients. Based in London, he reports to Matthieu Mouly, CEO for Lyxor Asset Management UK.

Lakes succeeds Chanchal Samadder, who has been appointed head of Equity ETFs, responsible for the management and development of Lyxor’s equity ETF range.

Lake joins from Source where he served as head of Sales for UK and Ireland, a role that encompassed various types of investors.

Formerly, he has been head of UK Sales for investor products and equity derivatives at RBS and spent six years at Societe Generale as head of UK Structured Product Retail Sales.

Mouly, CEO of Lyxor AM UK, said: “ETFs are experiencing exponential growth in the UK and Ireland. As Europe’s second biggest ETF provider, Lyxor has a duty to serve and assist investors. David brings a wealth of knowledge and experience to a key role within Lyxor, building both new and old relationship.”