Following the completion of Amundi’s purchase of Pioneer Investments on July 3, 2017, Amundi has restructured its brand and team in the US, where the Latin American and Offshore businesses are an important part of their organization.
Michelle Boquiren, CEO of Amundi Distributors USA, has left the company. According to an internal memo Funds Society had access to, Amundi "thank her for her dedication and many contributions and wish her well in the future."
As of October 3, 2017, Amundi Distributors USA, LLC terminated its registration with FINRA and the SEC. The licenses of the former Amundi Distributors USA registered representatives are now held by Amundi Pioneer Distributor, which continues to be led by Laura Palmer, as Head of U.S. Intermediary and Offshore Distribution at Amundi Pioneer.
Looking to continue focusing on this business going forward, Amundi has made some recent appointments, including two wholesalers - one in Miami and one in New York - and an Internal Sales Representative based in Miami, to support U.S. Offshore and Latin America.
Thomas Johnston, Senior Wholesaler, will be relocating from NY to Miami to cover this crucial market in concert with Nuno Loureiro. Thomas will also manage the Texas region on an interim basis. Alejandro Espina will assume coverage of the NY region, with the West Coast as well on an interim basis. Felix Canela has recently joined the team as internal sales support, based in Miami.
Amundi plans to expand its team further in the coming months, they are looking to hire two additional Offshore wholesalers, for the Texas & West Coast regions.