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London, 20 June 2008
Franck du Plessix and Alexandre Schneebeli have been appointed respectively Head of Structured Product Sales and Deputy Head of Structured Product Sales at Crédit Agricole Asset Management (CAAM) within the Institutional, Corporate and Distributors International Division.
With over €30bn of assets under management*, CAAM Group is the leader in structured product management on the French, Italian and Japanese markets**.
Franck Du Plessix
Head of Structured Product Sales at Crédit Agricole Asset Management
Franck du Plessix began his career in 1988 as an options trader for Société Générale in Paris before moving to Chicago to set up a local trading subsidiary. At the end of 1993, he assumed responsibility for the Asian Currency Options desk in Tokyo, then in Singapore, where he became head of the dealing room in 1996. In 2000, Franck was appointed Commercial Director for Private Wealth Management in France. Three years later he became Head of Sales for structured asset management at SGAM Alternative Investments. He joins Crédit Agricole Asset Management in 2008 as Head of Structured Product Sales.
Franck du Plessix, 42 years, is a graduate of the Ecole Supérieure de Commerce management school in Rouen and holds an executive MBA from Kellogg NorthWestern University as well as an executive French postgraduate diploma in wealth management.
Deputy Head of Structured Product Sales at Crédit Agricole Asset Management
Alexandre Schneebeli began his career in 1994 at Crédit Lyonnais in equity derivatives sales before being promoted to head of the French sales team. Two years later, he moved to London as Head of the French and Belgian sales desk. In 2004, he joined SGAM Alternative Investments to develop structured product sales to distributors, before becoming Head of the Structured Product Sales team. He joins Crédit Agricole Asset Management in 2008 as Deputy Head of Structured Product Sales.
Alexandre Schneebeli, 40 years, is a graduate of the Ecole Supérieure de Commerce management school in Nice Sophia-Antipolis and holds a Masters degree in Finance and Accounting from Ecole Supérieure de Commerce de Paris business school.
About Crédit Agricole Asset Management Group
Crédit Agricole Asset Management Group is Crédit Agricole Group's asset management holding arm. With a total of €481.7 billion (1) of assets under management as at 31 March 2008, CAAM Group is the 5th largest asset manager in Continental Europe (2). It is also N°1 in Europe (3) and N°1 in France (4) in mutual funds. It has over 2,312 employees, including 602 investment professionals dedicated to portfolio management.
CAAM Group's subsidiaries offer a complete line of investment products for :
- the regional banking networks of Crédit Agricole, LCL and the international retail banking subsidiaries of Crédit Agricole group
- institutional investors, large corporate accounts and third-party distributors in France and abroad. CAAM Group is active in more than 20 countries (Europe, Asia-Pacific, North America, the Middle East and North Africa).
* Data as at end of March 2008 ** Source : Europerformance and Bloomberg - December 2007 (1) Figures pro-forma after unwinding of the joint-venture with Intesa Sanpaolo S.p.A. which occurred the 27th of December 2007 (2) IPE - Top 400 European Asset Management Leaders, data as at December 2006, issued in June 2007 (3) Lipper - Mutual Funds registered in Europe - December 2007 (4) Europerformance, Mutual funds - March 2008