The Association of the Luxembourg Fund Industry (ALFI) has re-elected Corinne Lamesch as the chairperson of the association following its annual general meeting (AGM).
The appointment is effective immediately and her second mandate will run for two years.
In addition, a new board of directors has been elected.
The new directors include Ravi Beegun, Hermann Beythan, Craig Blair, Finbarr Browne, Jeanne Duvoux, Michèle Eisenhuth, Ilias Georgopoulos, Jean-Marc Goy, Bettina Graeber, Lize Griffiths, Helmut Haag, Ludovic Hallet, Joseph Hendry, Ulrich Juchem, Daniela Klasén-Martin, Corrine Lamesch, Steven Libby, Maria Löwenbrück, Francesca Pryn-Gigli, Geoff Radcliffe, Philippe Ringard, Barbara Schots and Robert White.
Commenting on her re-election, Lamesch comments: “I feel honoured to have been entrusted with the chairmanship of ALFI for another two-year term.”
“Looking back at my first mandate, it wasn’t quite what I had expected - we had several unpredictable challenges to overcome together as an industry. However, despite these challenges the Luxembourg investment fund industry rallied together and remains robust, proving to be a strong pillar of the Luxembourg economy,” Lamesch adds.
In line with the ALFI Ambition 2025, the association will continue to focus on the key objectives set out in 2020.
While there is still a lot to do, Lamesch explains that the long-term impact of climate change and other sustainability issues are front and centre of the asset management industry.
She says: “It is certainly one of the positive effects of the pandemic that the necessity to look beyond financial return is recognised by more and more people and organisations. Other industry trends continue to keep us on our toes, such as the quest for user-friendly technology for funds.”
Private assets retain their appeal for investors of all kinds in pursuit of returns, according to Lamesch, and the importance of long-term savings to mitigate the pensions’ gap continues to grow.
“Finally, our Diversity & Inclusion efforts are also taking shape with the launch of the ALFI Diversity and Inclusion Forum towards the end of 2020,” she concludes.
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