BLI - Banque de Luxembourg Investments on Thursday said that it has appointed Fanny Nosetti (photo) as chief executive officer. The appointment means that Guy Wagner now can “focus entirely” on his role as chief investment officer, managing the firm’s flagship, 1.8 billion euro BL Global Flexible Euro fund and continuing to refine the investment approach he has developed with his teams. Since 2005 Wagner served both as CEO and CIO.
Nosetti joined BLI in 2000 as a specialist in multi-management , for which she has been responsible to date. She will be joined in the management team by Nico THILL as deputy CEO to cover governance and control functions. Nico Thill has spent several decades at Banque de Luxembourg has been in charge of the ‘funds’ business, the depositary banking services that the Bank offers professional asset managers.
Change in governance
“The change in governance will allow us to further develop our asset management activities here in Luxembourg,” said Wagner in a statement.
“I am convinced, as is Guy, that Fanny Nosetti will continue to drive the success of our asset management company,” Pierre Ahlborn, the managing director of Banque de Luxembourg, BLI’s parent company, said. “In an increasingly complex world, Guy Wagner’s experience and support will be a real asset for Fanny, and I am delighted that he will now be able to fully focus on developing the investment strategy and management of portfolios for the benefit of all those who entrust us with the responsibility of managing their savings.”
The management team at BLI is completed with Cedric Lenoble, who will continue in his position as chief operating and financial officer, a position he has held since 2017.
Nosetti holds a degree in business economics from the University of Nancy and a master’s degree from the University of McGill in Montreal, Canada. She began her career in fund administration at a French bank in Luxembourg in 1997. In 2000, she joined Banque de Luxembourg and specialised in fund analysis and fund of funds management and became head of the asset management company’s multi management team.