BNP Paribas announces the appointment of Sandro Pierri as CEO of BNP Paribas Asset Management, its asset management arm, with effect from 1 July 2021.

Based in Paris, Sandro Pierri will report to Renaud Dumora, future Deputy COO of BNP Paribas, in charge of the Investment & Protection Services Division of the Group which includes BNP Paribas Asset Management, alongside BNP Paribas Cardif, BNP Paribas Wealth Management and BNP Paribas Real Estate. He succeeds Frederic Janbon, who will become Special Advisor to Renaud Dumora, to ensure the transition, before leaving the Group at the end of the year to pursue other professional opportunities.

“During his tenure at the head of Fixed Income and up until 2014, Frederic Janbon successfully built and ran a powerful and recognized fixed income and debt capital market franchise. Under his leadership, BNP Paribas Asset Management has become a global leader in sustainable investment,” says Jean-Laurent Bonnafé, CEO of BNPP Group.

Sandro Pierri has more than 30 years of experience in the asset management industry.  He joined BNPP AM in 2017 as Head of the Global Client Group (‘GCG), its global sales and marketing organization, and has made a contribution to BNPP AM’s growth plan.

Sandro began his career in 1989 as a portfolio manager with San Paolo Fondi, moving to BNL Gestioni in 1992, before joining ING Investment Management in Italy in 1994, where he held several commercial roles.  Between 2002 and 2003 he was Chief Executive of ING Group’s Italian retail business.  Following the acquisition by UniCredit/Pioneer of ING’s Italian business, he joined Pioneer Investments, UniCredit’s asset management division, in 2004.