In a high-profile executive shuffle, Pierre Jond has been named the new Chief Executive Officer of Amundi Luxembourg, and chairman of Fund Channel, the B2B fund distribution platform jointly owned by Amundi and Caceis. The appointment took effect on September 1.
Jond succeeds Jeanne Duvoux, who is transitioning to a new role as Head of Business Support & Operations for Amundi Group, Europe’s biggest asset manager with approximately 2,000 billion euro in assets under management.
Prior to joining Amundi, Jond served as the head of France and Belgium region with BNP Paribas Securities Services. His tenure there stretched 29 years, encompassing various roles including chief of staff to the CEO and head of strategic development. Jond’s international experience in asset servicing spans Paris, Luxembourg, Australia, and Belgium. Until May of this year, he was also the President of France Post Marché.
Jond’s professional journey began in business development at Banque Internationale de Luxembourg. He holds a Master’s degree from Université Lumière de Lyon 2. In a LinkedIn post, Jond said he also has been welcomed as member of the board of directors of Alfi, the association of the Luxembourg fund industry.
Jeanne Duvoux’s new assignment
Duvoux, the outgoing CEO, joined Amundi in 2019 and has made significant strides as CEO of Amundi Luxembourg and Chairwoman of Fund Channel. Prior to Amundi, Duvoux led the private banking business in SG Luxembourg, having previously served as the CEO of Société Générale Securities Services in Italy.
Duvoux’s career path includes senior roles at Société Générale, beginning in 1996. Notably, she served as CFO for Fimat Group and Managing Director of Fimat Banque. Duvoux initially entered the professional arena in 1989 as an auditor at Deloitte.
She is a graduate in Economics and Business from Neoma Business School and is a Certified Public Accountant.
Strategic transition
The recent appointments can be regarded as strategic moves for Amundi, likely designed to leverage both Jond’s asset servicing expertise and Duvoux’s operational acumen at a group level. This comes at a time when asset management firms globally are under pressure to innovate and diversify.