Amundi hires IRO in run up to listing

Jul 27, 2015
<p>New head of department has both sell side and IR experience</p>

French asset management giant Amundi has appointed Cyril Meilland as head of IR as the firm gears up for an IPO on Euronext Paris. Meilland previously worked as a sell-side analyst for 16 years, with a two year stint in investor relations.

Cyril Meilland, head of IR at Amundi

Cyril Meilland, head of IR at Amundi

A graduate from business school HEC Paris, he started his career in accounting at Banque Indosuez (now Credit Agricole Corporate and Investment Banking), subsequently spending 10 years in equity research at brokerage house Cheuvreux (now Kepler Cheuvreux).

He briefly worked at Lehman Brothers before joining the IR team at BNP Paribas in 2008. In 2010, he re-joined Kepler Cheuvreux, where he has been serving as head of the research team covering European banks for the past two years.

Meilland is a CFA charterholder and also holds a post graduate degree in banking from Paris Dauphine University.

One of the largest investment management firms in Europe with more than €954 bn ($1.05 tn) of assets under management, Amundi was set up in 2009 as a joint venture between Crédit Agricole and SocGen’s SGAM subsidiary. It is expected that SocGen, which owns 20 percent of Amundi, will sell its whole stake in an effort to boost the banking major’s liquidity. The listing could value the asset manager at more than €7 bn, CEO Philippe Brassac told Les Echos, and should take place before the end of the year.

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