Amundi CEO steps down after building Europe's top fund firm

Wednesday, February 10, 2021 at 7:27pm UTC

Amundi SA CEO Yves Perrier is stepping down after more than a decade atop the firm he helped build into the largest asset manager in Europe.

Perrier will become the chairman of the French firm he has led since its creation in a 2010 merger of the asset-management arms of banking giants Societe Generale SA and Credit Agricole SA.

The company has more than doubled its assets under management on Perrier's watch to 1.73 trillion euros at the end of 2020.