The new appoints will take effect from 1st November 2021. Credit: Free-Photos from Pixabay.

French asset manager Amundi has elevated Albert Tse to the position of CEO of South Asian unit. He is currently the head of distribution sales and marketing of the company in South Asia.

Tse succeeds Eric Bramoullé, who has been appointed as head of marketing & products of Amundi and a member of the executive committee.

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Prior to joining Amundi, he was head of the intermediary business of Southeast Asia and head of Malaysia & Thailand Businesses at Schroders.

Tse joined Schroders in 2003 as a member of the Mutual Funds Retail sales team for Singapore and became the head of intermediary distribution in the region in 2008.

Later in 2010, he was appointed as head of the intermediary business in Southeast Asia. He was also responsible for business development with private banks in Asia from 2014 to 2017.

Prior to joining Schroders, Albert worked with Barclays Capital in Singapore on the foreign exchange and derivatives sales desk for two years.

Separately, Amundi has also appointed Gilles Cutaya as deputy head of Amundi Marketing & Products.

Since 2015, Cutaya has been head of marketing and communication at the company. He was also deputy CEO of CPR from 2019.

From 2007 to 2015, Cutaya worked with Lyxor Asset Management. He served several key positions at the firm, including global head of client relations & services and head of marketing & strategy.

Prior to that, he was as a product engineer at Axa Investment Manager.

The new appoints will take effect from 1 November 2021, the company said in a statement.

In August this year, Amundi US appointed Jonathan Duensing as senior managing director and head of fixed income for the US.

In July, Bloomberg reported that the asset manager was eyeing to more than double its assets under management in the Greater China region to $250bn.