In a letter to clients Lyxor said CEO Inès de Dinechin had been appointed as president by the supervisory board with immediate effect to take over Dubois’ responsibilities.
She was promoted to CEO of the group in March last year after working in a variety of roles for Societe Generale, Lyxor’s parent company, over the past 20 years.
The firm’s CIOs Nicolas Gaussel and Lionel Erdely will continue to hold responsibility for all the investment decisions and processes of Lyxor funds and will still report directly to de Dinechin.
Lyxor said outside Dubois’ departure and de Dinechin’s new appointment there were no further changes expected in the governance and operations of the company.
Prior to his role as chairman of Lyxor, Dubois was employed by Societe Generale and before that by Commerzbank in London.
In January Lyxor named Pierre Gil as chief executive of its UK operations and unveiled a move into credit solutions, read more here.
