Amundi SA Chief Executive Officer Yves Perrier is stepping down after more than a decade atop the firm he helped build into the largest asset manager in Europe.
Perrier, 67, will become chairman of the French firm he has led since its creation in a 2010 merger of the asset-management arms of banking giants Credit Agricole SA and Societe Generale SA, according to an earnings statement on Wednesday. He’ll be succeeded as CEO by his deputy Valerie Baudson, who currently heads Amundi’s exchange-traded fund business as well as its thematic investing unit.
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