ALFI names new chair

Sustainability and the alternative funds industry will be key focuses for Lamesch
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The Association of the Luxembourg Fund Industry (ALFI) has appointed Fidelity’s Corinne Lamesch as its new chair.

The appointment was announced after the association’s recent AGM and is effective immediately.

Lamesch, who will be in the role for two years, has been a member of ALFI’s board of directors since June 2017, and has participated in technical committees and working groups.

Lamesch is country head, Luxembourg, and head of legal, Europe at Fidelity International, where she has worked for more than 10 years. Prior to joining Fidelity in 2008, Lamesch was a lawyer at Clifford Chance and Allen & Overy between 1998 to 2008.

Commenting on her appointment, Lamesch said: “I feel honoured to have been elected as the new Chairperson of ALFI. The asset management industry in Europe is at a critical juncture where new political and societal trends will bring both challenges and opportunities. Asset managers have a unique opportunity to strongly influence the strategies of companies globally so they are more aligned with the values of our changing society and better connected to the interests of future generations. These trends will influence the new ALFI Ambition Paper for 2020-2025 that I will prepare for the start of next year.”

Lamesch outlined three key focuses for the coming year. First, sustainable finance. On this, she said: “Sustainable finance has never been more important with climate change high on the agenda of policymakers. Luxembourg is globally recognised as an ideal platform to assist companies, governments and investors around the world to meet their targets in the field of sustainable finance. ALFI will remain committed to making the EU Action Plan a success and actively promote sustainable finance opportunities.”

Her next priority is the EU’s pan-European personal pension product (PEPP).

Lamesch’s third area of focus is the alternative funds industry. On this, she said: “The alternative investment fund industry contributes significantly to the success of the Capital Markets Union, the European Commission’s flagship project to boost jobs and growth in the European Union. Alongside the well-established UCITS brand, ALFI will strongly support the growth and depth of the alternative investment fund sector with Luxembourg as the leading European jurisdiction for all alternative asset classes.”

The full roster of newly-elected ALFI board directors are:

Beegun, Ravi – KPMG Luxembourg, Société Cooperative

Beythan, Hermann – Linklaters LLP

Blair, Craig – Franklin Templeton International Services S.à r.l.

Eisenhuth, Michèle – Arendt & Medernach S.A.

Faucher, Julien – Amundi Luxembourg S.A.

Ferguson, Michael – Ernst & Young S.A.

Goy, Jean-Marc – Capital International Management Company S.à r.l./Capital Group

Graeber, Bettina – Pictet & Cie (Europe) S.A.

Griffiths, Lize – Deloitte Luxembourg

Hallet, Ludovic – BNP Paribas Asset Management Luxembourg

Hildebrandt, Holger – Deka International S.A.

Juchem, Ulrich – DZ PRIVATBANK S.A.

Juncker, Gast – Elvinger Hoss Prussen S.A.

Kömen, Rudolf – Credit Suisse Fund Management S.A.

Kruse, Nils – GAM (Luxembourg) S.A.

Lamesch, Corinne – Fidelity International/FIL Investment Management (Luxembourg) S.A.

Libby, Steven – PricewaterhouseCoopers SC

Löwenbrück, Maria – Union Investment Luxembourg S.A.

Prym-Gigli, Francesca – UBS Fund Management (Luxembourg) S.A.

Radcliffe, Geoff – Blackrock (Luxembourg) S.A.

Ringard, Philippe – JPMorgan Asset Management (Europe) S.à r.l.

Schots, Barbara – DWS Investment S.A.

Stampfli, Patrick – Schroder Investment Management (Europe) S.A.

Suetens, David – State Street Services (Luxembourg) S.A.