French hedge fund firm Lyxor Asset Management announced Thursday its new chief executive officer.
Lionel Paquin, who will also join Lyxor’s management committee of the Global Banking & Investor Solutions division, replaces Inès de Dinechin in the new head role.
Paquin was previously the head of the French firm’s managed account platform, a role he held since 2011. Prior to that, he was the chief risk officer and head of internal control at Lyxor, and was a member of its executive committee since 2007.
A subsidiary of Societe Generale Group, Lyxor manages nearly $110.3 billion in assets.