Amundi’s former head of actual and various belongings, Pedro Antonio Arias (pictured), has joined funding platform Sienna Capital as its new chief govt officer.
It’s understood Arias, who stepped down from Amundi over the summer time, replaces Colin Corridor, who had been CEO on the group between 2013 and 2020.
The departure of Arias from Amundi led the asset administration big to place its deputy CEO, Dominique Carrel-Billiard, accountable for the true asset and various funding operations.
Carrel-Billiard took cost of the operational administration of the enterprise, which incorporates actual property, non-public debt, non-public fairness and infrastructure. The unit presently has €55bn in belongings beneath administration.
Sienna Capital was approached for remark relating to Arias’ appointment however had not responded on the time of publication. Nonetheless, the corporate’s web site states that Arias was assigned to the function in 2020.
Sienna highlighted how Arias oversaw Amundi’s enterprise line, encompassing non-public fairness, non-public debt, actual property, infrastructure and personal multi-management companies from 2013.
Earlier in his profession, he was deputy CEO accountable for M&A and actual property at French retailing On line casino Group and sat on the board of On line casino’s main subsidiaries in quite a few nations.