Lyxor Asset Management has appointed Lionel Paquin as its CEO to replace Inès de Dinechin, who is leaving the group.
He will also join the management committee of the global banking and investor solutions division.
Paquin had been head of the Lyxor managed accounts platform since 2011. He has also held the position of chief risk officer and head of internal control at the firm, and was a member of Lyxor executive committee since September 2007.
Prior to this, Paquin was managing director and principal inspector of the Inspection Générale (an interdepartemental auditing and supervisory body in France) at the Societe Generale Group since June 2004.
He began his career in 1995 in the French Ministry of Finance as a high-ranking civil servant and held several positions within this ministry.
Dinechin has followed on from several high-level staff that recently left the firm. Claus Hein, head of ETFs for the UK, Nordics and LatAm left the firm last June to join Deutsche Bank. Alain Dubois left to join MSCI, reportedly due to difference in opinion over strategy with de Dinechin.
Simon Klein, the head of the firm’s European ETF business, also left for Deutsche Bank, while Nizam Hamid, deputy head of the ETF business in Europe, went to FTSE group.
