Ouajnat Karim Takes Helm of AXA IM UK Ltd as CEO
Portfolio - People | Nov 18, 2024 | AXA Investment Managers UK Ltd
AXA Investment Managers (AXA IM) has announced the appointment of Ouajnat Karim as CEO of AXA IM UK Ltd and AXA IM Global Structures Ltd, effective December 11, 2024, pending regulatory approval. Ouajnat Karim, currently the Global Head of Oversight and COO UK for AXA IM Core, will succeed Marcello Arona, who is stepping down to pursue opportunities outside the company. Ouajnat brings 20 years of experience in the financial services sector, having joined AXA IM in 2007 and held various leadership roles since. She will report to Jean-Chistophe Menioux and Geoffroy Reiss. AXA IM, part of the AXA Group, is a leading global asset manager managing approximately €859 billion in assets, with 480 billion in ESG-integrated or impact assets. The company is known for its commitment to integrating ESG principles across its operations and aims to deliver long-term investment performance.
Sectors
- Asset Management
- Financial Services
Geography
- United Kingdom – The appointment pertains to the role of CEO at AXA IM UK Ltd, a UK-based position, making it the primary geography discussed.
- Global – AXA Investment Managers operates in 18 countries, highlighting the global reach of the company and the significance of this leadership change on an international scale.
Industry
- Asset Management – The article and the entities involved, particularly AXA Investment Managers, operate within the asset management industry, managing both traditional and alternative investments globally.
- Financial Services – This sector is relevant given the financial services background of Ouajnat Karim and the diversified investment portfolios managed by AXA IM.
Financials
- €859 billion – Total assets managed by AXA Investment Managers as at the end of June 2024.
- 480 billion – ESG-integrated, sustainable, or impact assets managed by AXA Investment Managers as at the end of December 2023.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| AXA Investment Managers UK Ltd | Company | Target | A UK-based subsidiary of AXA Investment Managers handling asset management. |
| Ouajnat Karim | Person | CEO Appointee | Appointed as the new CEO of AXA IM UK Ltd, bringing 20 years of experience in financial services. |
| Marcello Arona | Person | Outgoing CEO | The current UK CEO of AXA IM returning to pursue external opportunities. |
| Jean-Chistophe Menioux | Person | General Secretary and CFO | Part of the reporting line for the newly appointed CEO. |
| Geoffroy Reiss | Person | COO & Global Head of Transversal Services | Also part of the reporting line for the newly appointed CEO. |
| AXA Group | Company | Parent Company | The parent company of AXA Investment Managers, a global leader in insurance and asset management. |
| BNP Paribas | Company | Former Employer | Ouajnat Karim's former employer where she started her career in financial services. |