Rob Gambi (pictured) left Henderson in 2016 when the CIO role was axed following a review of the executive committee. He rejoined Henderson in 2014 from UBS Global Asset Management where he spent nine years, latterly as global head of fixed income.
Gambi worked at Henderson before joining UBS and before that, at AMP Asset Management.
At BNPP AM he will be responsible for the management and performance of all the investment teams across asset classes and locations. He will report to chief executive Frédéric Janbon and be a member of BNPP AM’s executive committee.
He will also be in charge of implementing BNPP AM’s global sustainability strategy across the firm’s investment platform.
Janbon said: “Rob’s career at a number of leading global asset managers means that he brings extensive industry experience to the role of global head of investments. He will be instrumental in enhancing our investment platform, including overseeing the integration of our global sustainability strategy, in support of our goal of delivering long-term sustainable returns for our clients.
Willis Owen head of personal investing Adrian Lowcock said from his experience BNPP AM is typically more institutionally focused and more focused on Europe than the UK retail market.
“So the appointment of Rob from Henderson could be interesting as that group has been more UK focused and retail friendly in the past,” he added. “However, I don’t think this suggests a change in business plans for BNPP as you wouldn’t start with the CIO.”