La Financière de l'Echiquier announces the arrival of Bettina Ducat and modifies its governance

La Financière de l’Echiquier (LFDE) announces the arrival of Bettina Ducat as Chief Executive Officer. This appointment, effective 1 July 2020, opens a new chapter in the asset manager’s history. In addition, LFDE is modifying its governance in order to adjust to the new challenges facing it. Its new governance set-up features the establishment of a Board of Directors, and an Executive Committee.

As LFDE’s new Chief Executive Officer and as Deputy CEO in charge of Asset Management of the Primonial Group, Bettina Ducat will be given the task of accelerating LFDE’s international development and its expansion in SRI, as well as giving new impetus to the design and development of sustainable and innovative financial solutions.

Paris, 1st of July 2020, Bertrand Merveille, Olivier de Berranger and Bettina Ducat

On the Board of Directors she will work closely with Olivier de Berranger, Deputy CEO and CIO, and Bertrand Merveille, Deputy CEO in charge of retail development.

LFDE also announces three internal appointments: Elsa Scoury as Chief Operating Officer, Caroline Farrugia as Chief Compliance Officer, and Edouard Duffour as General Secretary in charge of Finance, Operations, IT and General Resources.

LFDE’s Executive Committee will consist of the members of the Management Board, as well as:

  • Edouard Duffour, Corporate Secretary
  • Anne-Laure Gelot, Head of Marketing & Communication
  • Elsa Scoury, Chief Operating Officer
  • Caroline Farrugia, Chief Compliance Officer
  • Robert Véla, Head of French Institutional Investors & Wholesale

Stéphane Vidal, Chair of LFDE’s Board of Directors and Chair of the Primonial Group, said: “Bettina is a woman of convictions and a natural leader. We are delighted to welcome her as the head of LFDE. Her extensive experience in asset management will be a source of leverage in accelerating the roll-out of our international strategy. Our investment management track-record, the strengthening of LFDE’s governance, and the appointment of this new management team provide a solid foundation for the future.”

Bettina Ducat, CEO of LFDE, said: “I am very happy to join this company, which is renowned in our industry, , and to intensify its international development and sales dynamic, while raising the sights still further on its SRI ambitions I am confident that LFDE is up to these challenges and that its performances and know-how will allow it to continue on its path of further market share gains in Europe.”

About Bettina Ducat
After earning a degree from EM Lyon Business School, Bettina Ducat began her career in 2001 as a strategy consultant for Accenture. She joined AXA IM in 2006, taking her place on the Management Board in 2018 and the head of Global Distribution at AXA IM in January 2019.