UK - AXA Investment Managers' UK CEO Paul Griffiths has joined Credit Suisse as MD and head of fixed income for asset management.
Griffiths will now be responsible for setting and implementing business strategy for asset management’s fixed income business globally, and will report to asset management CEO David Blumer.
He joined the firm from AXA Investment Managers, where he was global fixed income head and CEO of its UK business since 2004. In that role, Griffiths was responsible for overseeing the firm’s global fixed income investment management operation and managed a number of investment teams based around the globe.
Prior to that, he was global fixed income head at Investec Asset Management from 2000 to 2004, and held a similar role at INVESCO Asset Management between 1994 and 2000.
Griffiths replaces Dennis Schaney at CS, who announced his intention to retire in 2006. The firm said Schaney would remain at the company “for an appropriate time” to ensure a smooth transition.
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