Amundi Luxembourg, a unit of French asset manager Amundi, has named Jeanne Duvoux as its new CEO.

Duvoux most recently led the private banking business arm at Société Générale in Luxembourg. She also sat on the firm’s executive committee.

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Her financial career began in Deloitte, where she worked as an auditor.

She has been working at Société Générale group since 1996, and previously served as the managing director of Société Générale Securities Services in Italy.

Besides, she was the CFO at Fimat Group and managing director of Fimat Banque.

Developments at Amundi in 2019

In April last year, Amundi completed the integration of Pioneer Investments with the consolidation of its three investment umbrellas in Luxembourg.

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The rationalisation involved a combination of Amundi Funds, Amundi Funds II (formerly Pioneer Funds) and Amundi Sicav II (formerly Sicav feeding Pioneer funds).

Earlier in 2019, Amundi announced the purchase of the Taiwan business of South Korea-based Mirae Asset Global Investments.

In Q3 2019, Amundi reported a net income group share of €218m. The firm’s assets under management were €1.56 trillion as of 30 September 2019.

The firm has investment hubs in Boston, Dublin, London, Milan, Paris, and Tokyo along with offices across 37 countries. It serves more than 100 million retail, institutional as well as corporate clients.