Amundi Asset Management has named Marco Pirondini as executive vice president and CIO of Amundi US, the firm announced in a press release. Pirondini will succeed Ken Taubes, who was Amundi US’s CIO for the past 15 years and worked at the firm for 25 years.
Pirondini’s appointment is effective January 1, 2024. Taubes will stop down from his role as CIO to focus on his existing portfolio manager responsibilities, the press release stated. Pirondini, who currently serves as head of equities, will assume oversight of investment operations at Amundi US, overseeing equity, fixed income and trading. He will also serve as chairman of the US investment committee and will serve on Amundi’s global investment committee.
Pirondini was previously global CIO at Pioneer Investments between 2004 and 2010, a firm acquired by Amundi. He was also head of global equity research and European equity research at Pioneer. He holds a bachelor’s degree from Bocconi University.
Amundi US is the US arm of French investment manager Amundi, the largest asset manager in Europe by AUM, currently managing $2.13 trillion in assets. The firm offers investment solutions across a broad range of asset classes to institutional investors, wealth management firms and distribution platforms across the Americas, Europe and Asia-Pacific.
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Tags: Amundi Asset Management, Amundi US, Ken Taubes, Marco Pirondini