Thierry Déau, CEO and founder of Meridiam, has stepped down from his position as chair of the Long-Term Infrastructure Investors Association (LTIIA).
He will be replaced by Vincent Levita, founder and CEO of Infravia Capital Partners.
Déau, who will become honorary chairman, helped found LTIIA in 2014 as a not-for-profit organisation which today represents close to US$450bn of infrastructure assets owned or managed by institutional investors and fund managers.
Levita has been an LTIIA board member for two years.
Déau said: “We wish Vincent every success in taking the sssociation through the next steps of its journey. We are convinced that under his leadership the association will be in good hands.”
Levita said: “We are grateful to Thierry for all the work achieved, the value delivered to the industry and the corresponding recognition gained by LTIIA. We also thank him for having accepted to stay as honorary chairman of the association, thus enabling it to continue benefitting from his expertise and commitment. We will do our utmost to uphold the principles and objectives of the association.”