Amundi Hands Top UK Roles to Senior Lyxor Executives (Correct)

Amundi SA has handed top UK roles to two executives from Lyxor, as it beds down last year’s acquisition of its smaller asset management rival.

In a change of personnel at the top of the firm’s UK business, Philip Philippides, Amundi’s former head of UK distribution -- who joined more than eight years ago -- has left the business.

Lyxor’s UK chief executive David Lake has been named Head of UK Sales for Distribution, Exchange Traded Funds, Indexing & Smart Beta and Alternatives. Ashkan Daghestani, formerly Lyxor’s deputy head of ETF sales for the UK and Ireland, will become head ...