UK - AXA Real Estate Investment Managers (AXA REIM) has appointed Arnaud Prudhomme global chief operating officer (COO).
Based in London, Prudhomme will join both the AXA REIM strategic and management committees, reporting to chief executive officer Paul Marcuse.
“In his role as COO, Arnaud will also be the global financial officer for AXA REIM, along with having full responsibility for risk management,” AXA said.
Prior to joining AXA REIM, Prudhomme was head of the president’s office at the European Bank for Reconstruction & Development (EBRD), focussing on project finance in Eastern Europe.
AXA has also appointed Sabine Vlieghe global head of marketing and a member of AXA REIM’s management committee. Previously, Vlieghe spent four years as director, institutional sales at AXA investment Managers in the Netherlands.
This week's edition of Professional Pensions is out now
MPs failed to place legislation into the Financial Guidance and Claims bill that would have made pension guidance default, which Just Group director Stephen Lowe said left a "bitter taste".
Aegon has called for the government to double the tax exemption on employer-arranged pension advice, up from £500 to £1,000.
Institutional investor confidence in Europe rose by 8.9 points in April with each region showing growing appetite for risk, according to State Street Global Exchange.