He has also been appointed a member of the Group’s Executive Committee
Oddo & Cie’s Executive Committee is pleased to announce the arrival today of Nicolas Chaput as Chief Executive Officer (CEO) and Managing Director of Oddo Asset Management. Nicolas Chaput also joins the Group’s Executive Committee. His appointment is effective as of 1 February 2012.
Philippe Oddo, Managing-Partner of Oddo & Cie, said the following: “Nicolas Chaput is a recognized professional in the Asset Management industry. The Group will benefit notably from his proven experience in Fixed Income and his in-depth knowledge of international markets”.
Nicolas Chaput will replace Guido Mundt who has successfully contributed to the Oddo & Cie-Banque d’Orsay link-up. Guido Mundt will continue to oversee research missions to find new partnerships with a view to strengthening the group’s presence in German-speaking areas.
Nicolas Chaput’s profile
Since November 2008, Nicolas Chaput has been CIO of Fixed Income & Money Markets for BNP Paribas Asset Management. Nicolas Chaput supervised 8 management centres (Paris, Milan, Amsterdam, London, New York, Tokyo, Singapore and Kuala Lumpur), i.e. 120 professionals managing € 228bn (data at endJune 2010).
He had previously created and headed up BNPP AM’s Credit & Structured Finance division in 2005 before joining FFTW, a wholly-owned BNP Paribas subsidiary dedicated to interest-rate management for an international institutional clientele.
Prior to joining BNPP AM in 2005, Nicolas Chaput worked for 15 years for Calyon in Paris, London and New York. A specialist in the credit domain, he notably was in charge of R&D, sales, the creation and credit product structuring and proprietary investment.
Nicolas Chaput is a graduate from the Institut d’Etudes Politiques de Strasbourg (1984) and has a postgraduate degree in business law from Université Paris II (1987).
About Oddo Asset Management
Created in 1987 and based in Paris, Oddo AM is a leading independent French management company and a subsidiary of the Oddo Group. An expert in value creation, Oddo AM is a “multi-specialist” management group active in France, Europe and the Middle East. Oddo AM provides institutional and retail clients with investment strategies of convictions covering major asset classes via a comprehensive range of funds and mandates.
At 31 December 2011, Oddo Asset Management had approximately € 12bn in outstandings spread over eight different areas of management expertise. Oddo AM has 450 institutional clients and 800 CGPI partners.
About Oddo & Cie
Oddo & Cie is an independent financial services group, founded over 160 years ago. With a staff of 1,000 (including 100 analysts and an IT headcount of 100) and € 22bn in assets under management, Oddo & Cie is active in investment banking and capital management: brokerage on the equity and bond markets, financial analysis, private banking, asset management with associated front- and back-office activities.
The Group stands out thanks to its ownership structure as 42% of its capital is held by the Oddo family and 30% by employees. This “partnership” ethos guarantees the long-term involvement of its teams.
At end-2010, Oddo & Cie reported a net profit of € 81.5m and had shareholders’ equity of € 379m.
Press contact Rochat & Partners / Michel Donath
Telephone: 043 344 98 48
Email: mdonath@rochat-pr.ch
