AXA Investment Managers - Real Assets has appointed Laurent Lavergne as global head of asset management and development and Timothé Rauly as head of fund management, effective 1st January 2020.
As a result of the appointment, Rauly will become the sole head of fund management.
Lavergne, who is currently co-head of fund management alongside Rauly, and already sits on the AXA IMRA board, will replace Andrew Stainer who has made the personal decision to move back to his home country of Australia, where his family is based. He will remain actively involved with the company as a strategic advisor, reporting directly to CEO, Isabelle Scemama, but will step down from the management board.
In order to ensure a smooth transition of his role to Lavergne and afford Rauly time to take full responsibility for AXA IMRA’s fund management function, Stainer will spend approximately half his time in Europe during this period of transition. The day-to-day operations of the asset management and development teams are unaffected.
Lavergne has over 25 years’ experience of real estate investment and management and has been at AXA IMRA since 1994.