HARLIN commented over his new role:
"I look forward to working with AXA IM's teams to accelerate the development of our franchise. (...) The quality of AXA IM's investment teams, our diversified footprint on geographies and investment solutions as well as our strong convictions on ESG and active management are powerful assets that will help us progress AXA IM's strategic journey."
HARLIN will remain Group Deputy CEO following the transition of his Group CFO responsibilities to Etienne BOUAS-LAURENT at year-end 2019 as previously announced.
Andrea ROSSI, who has been leading AXA IM since 2013, has decided to step down from his role as CEO and will become a strategic advisor to HARLIN on December 1. All members of the AXA IM Management Board will report to HARLIN from then on.
Christof KUTSCHER, who has been Chairman of AXA IM's Board of Directors since 2014, has stepped down from his role. HARLIN assumes the role of Chairman of the Board as of October 14, 2019.
Thomas BUBERL, CEO of AXA, said:
"AXA IM is a core asset for AXA, and I am grateful that Gerald [HARLIN] has accepted to take up this mission for the Group and push back his retirement date. Building on the successful growth strategy and transformation led by Andrea [ROSSI] over the last years, Gerald's experience and leadership will be instrumental in harnessing the potential and energy of AXA IM's teams, to initiate this new phase before handing over to his successor."