Natixis Global Asset Management hire chief executive

Jean Raby has been appointed chief executive of Natixis Global Asset Management, where he will be in charge of asset management, private banking and private equity.

Raby spent the bulk of his career working for Goldman Sachs, joining its investment banking division in Paris in 1996 and later becoming co-chief executive for France and Benelux before moving to head up the bank’s activities in Russia.

Laurent Mignon, chief executive of Natixis, says outgoing NGAM chief executive Pierre Servant has contributed to outstanding growth in the asset management division.

“His vision for the business and his involvement with teams have made Natixis Global Asset Management one of the main asset managers worldwide with more than 830 bn€ of assets under management in the space of 10 years, in a highly competitive market.”

Servant will stay on as a senior adviser.