Opalesque Industry Update: MSCI Inc., a leading provider of investment decision support tools worldwide, announced today that Alain Dubois, currently Chairman of Lyxor Asset Management, is to join the firm as Managing Director and Head of New Business and Product Development for the MSCI index business.|
Mr Dubois will join the firm in August and will be based in London, reporting to Baer Pettit, Managing Director and Global Head of the MSCI Index Business.
Mr Dubois has been Chairman of Lyxor Asset Management for ten years. He joined the Société Générale Group in June 2000, in its equity derivatives division. Prior to joining Société Générale, he worked in the equity derivatives departments of Commerzbank and Lazard Frères.
“Alain is a well known and respected figure in the asset management industry and I am delighted that he has chosen to join our expanding index business at MSCI,” said Mr Pettit. “As Chairman of Lyxor Asset Management, Alain has been a valued client for a number of years and I am looking forward to working with him and leveraging his considerable expertise and industry knowledge. In this important new position, Alain will play a critical role in helping us develop and expand our index offering, particularly in the area of ‘smart beta’ investing and new asset classes.”
Henry Fernandez, Chairman and CEO of MSCI Inc., added, “We are very pleased to have someone of Alain’s caliber join MSCI. This is the latest in a series of senior level appointments as we continue to invest in expanding our core index business in response to demand from clients for independent, reliable and representative benchmarks to meet their increasingly complex investment needs.”
Mr Dubois has an extensive educational background, having graduated from Ecole Polytechnique, Ecole Nationale d'Administration (ENA) and ENSAE.
Lyxor has also announced the addition of new governance. Lyxor Asset Management’s Supervisory Board has appointed Inès de Dinechin as Chairman of the Managing Board effective 10 June 2013. This appointment follows current Chairman Alain Dubois’s decision to leave Lyxor in the near future, in order to pursue another professional challenge abroad.
Other than this appointment, Lyxor's governance and its operational model are not expected to change. In particular, all Lyxor funds’ investment decisions and processes will remain the responsibility of the CIOs, Nicolas Gaussel and Lionel Erdely, whom are still reporting directly to Inès de Dinechin.