M&G Investments has announced the appointment of Micaela Forelli as managing director of M&G Luxembourg, with immediate effect.
In this newly created role, Forelli will be responsible for guiding the firm's two separate business entities based in Luxembourg, and leading the local offices.
The appointment does not change any current boards or other structures in Luxembourg, including distribution roles. The position is non-regulated and is part of the continued build-out of M&G's international operating models.
This new title and responsibilities are in addition to Forelli's existing roles as head of European and Global Banks Distribution, and director of M&G International Investments.