Adam Rix to leave Amundi's Middle East operation

Added 29th September 2016

Adam Rix, director - third party distribution for the Middle East at European asset management giant Amundi, is to leave the company.

Adam Rix to leave Amundi's Middle East operation

Amundi officially declined to comment on the move.

Rix has been based in Dubai for some time having previously worked as business development director, Middle East for Aviva Investors.

In June Amundi announced the appointment of Nesreen Srouji as its new chief executive for the region who is based in Abu Dhabi

Srouji joined from Standard Chartered Bank where she was head of investors and public sector, covering Sovereign Wealth Funds and other institutional clients across the MENA region.

Global ambition

Amundi, which was formed in 2010 by combining the asset management operations of France’s Crédit Agricole and Société Générale, has long stated its aim to expand its international operations in order to develop its role as a top 10 global asset manager.

It currently has six investment main centres in Paris, Tokyo, London, the US, Singapore and Hong Kong.

However, the firm offers savings solutions to more than 100 million retail clients worldwide via its partner networks and has 1,000 institutional clients and sovereign entities in more than 30 countries.

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