The European Fund and Asset Management Association (EFAMA) has appointed Tanguy van de Werve as its new director general.
He will begin the role on 1 January 2019 and will be responsible for the implementation of EFAMA’s strategic agenda, and the leadership and management of the EFAMA secretariat in Brussels.
He will also be the central spokesperson and representative for the European asset management industry with international policy makers, regulators, and other key industry stakeholders.
Prior to joining EFAMA, van de Werve served as a managing director and head of the Brussels office for the Association for Financial Markets in Europe (AFME) for three years.
Before that he spent more than 9 years as director general of Eurofinas & Leaseurope—the trade bodies representing the specialised European consumer credit providers and the European leasing industries, respectively.
Peter De Proft, who has headed the industry body for the past eleven years, will step down from the role, but remain an honorary director general at EFAMA and will have an advisory function to the new director general during the transition period, ending in June 2019.
William Nott, president of EFAMA, commented: “Tanguy van de Werve has an excellent track record in leading complex industry associations, raising the profile of the industries he has represented, and most importantly, in achieving tangible and quantifiable results with EU policymakers for those industries. He has also been at the heart of the evolution of the European financial services industry in recent years.”
Nott added: “Peter De Proft’s part in the EFAMA story has been invaluable, and he will be sorely missed by his team, the national associations, and the corporate and associate members whom he has served with distinction since 2007.”
Commenting on his appointment, van de Weve said: “I am thrilled to join EFAMA, and to partner with members at such an exciting time for the European asset management industry. As investors in financial markets and stewards of capital and long-term savings, asset managers are ideally placed to help address crucial societal challenges, such as the increasing retirement savings gap, the need to finance long term infrastructure, and the transition towards a greener economy.”
He concluded: “De Proft will leave big shoes to fill at EFAMA and I look forward to benefiting from his experience and guidance, as I aim to pick up where he has left off.”
