Joseph Pinto, the head of international distribution at Natixis Investment Managers, has been appointed CEO of M&G Asset Management.
Pinto (pictured) has spent three years at Natixis IM, including nearly two years as global COO, having moved from Axa Investment Managers.
During his 13-year stint at Axa IM, Pinto was head of business development for south Europe and the Middle East, before being promoted to global head of markets and investment strategy, and then to global COO. In all, he has three decades of experience in industry.
He will take up the role in March, pending regulatory approval, and report to the group chief executive Andrea Rossi. Pinto will have accountability for all investment capabilities including the equity, fixed income, multi asset, private and alternative asset strategies alongside distribution, operations and proposition management across the asset management business.
M&G confirmed that he is succeeding Jack Daniels who, in July 2022, announced his intention to retire following 21 years with the business.
Rossi said: “Joseph brings to M&G a profound understanding of client needs and how they have evolved through changing economic conditions. He has a strong record of delivering on strategic ambitions in investment management, and I am confident his combination of commercial vision and pragmatic leadership will help transform how M&G delivers value to its clients and other stakeholders.”
Meanwhile Natixis IM has lined up Pinto’s replacement, Fabrice Chemouny, who will be promoted on 1 March. Chemouny joined Natixis IM in 2000 as a strategy analyst, before being appointed executive vice president, head of international strategy and marketing in 2003.
He has also been head of business development and affiliate coordination, and global head of institutional sales at the firm, and is set to be promoted from his position as head of Asia Pacific.
