
SCOR Investment Partners (SCOR IP), the asset management arm of the global reinsurance firm, has announced some key changes to its leadership team, including a new CEO in Fabrice Rossary.SCOR Investment Partners (SCOR IP) has an established insurance-linked securities (ILS) fund management practice, with the unit having just $2.9 billion of ILS assets across catastrophe bonds, ILW’s, collaterlised reinsurance and weather derivatives as of the middle of 2021.SCOR IP has adjusted its senior leadership team as it positions itself for a new phase of its development and seeks to accelerate the growth of its third-party asset management business.Former Chief Investment Officer Fabrice Rossary has been named Chief Executive Officer of SCOR IP, to succeed François de Varenne.
de Varenne will become Chairman of SCOR IP’s Supervisory Board, as a SCOR Group Executive Committee member in charge of Investments, Transformation, Technology and Group Corporate Finance.Within the management board of SCOR IP, Louis Bourrousse, has been named Head of Business Development, to oversee sales and marketing as well as distribution partnerships.While, Marie-Suzanne Mazelier has been promoted from Head of Aggregate to become SCOR IP’s new Chief Investment Officer, with oversight of all portfolio management teams, including for fixed income, corporate loans, infrastructure, real estate, insurance linked securities, fund selection and sustainability.
Benjamin Ayache will remain as Chief Operating Officer and Eric Talleux as Chief Risk Officer.In addition, the following appointments have also been made, with Thibaut Lameyse, who was previously Strategic Investments Manager for SCOR Global Investments, now appointed as General Secretary of SCOR IP, reporting to Fabrice Rossary.Alexandre Stoessel, who was previously the Head of High Yield, will become the Head of Fixed Income, reporting to Marie-Suzanne Mazelier.
Sophie Duclos-Grenet, formerly the Head of Legal, Loans, will take on the role of Head of Fund Selection, reporting to Marie-Suzanne Mazelier.François de Varenne, member of the SCOR SE Executive Committee, commented on the changes, “These appointments, all internal promotions, bear witness to the deep talent pool we have assembled at SCOR IP.Since its inception in 2008, we have developed a successful business model combining the management of SCOR’s investment portfolio and investment strategies open to third-party investors, leveraging on our ambition to finance the sustainable development of societies together.
I have every confidence in Fabrice and the new leadership team to accelerate the development of SCOR IP’s asset management franchise while ensuring management continuity.”———————————————————————.All of our Artemis Live insurance-linked securities (ILS), catastrophe bonds and reinsurance can be accessed online.Our can be subscribed to using the typical podcast services providers, including Apple, Google, Spotify and more.
Publisher: Artemis