Christian Somers has retired from Candriam Investors Group.
Somers was responsible for contributing to transformation initiatives and improvements in order management, program trading, electronic execution and transaction cost analysis for equities.
Frédéric Heirebaudt will replace Somers. Heirebaudt, who has been with Candriam for almost 14 years, is currently responsible for portfolio management for private mandates.
Commenting on Somers’s departure, Fabien Oreve, global head of trading at Candriam, said: “While it’s important we stay on top of new technologies, it’s also important we ensure the transfer of knowledge from one generation of traders to the next in a sustainable way to further develop our multi-asset trading desk.”
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