Published by Hedge Week – Tuesday 6th September 2016
Lyxor Asset Management has appointed Laurent Renaud as chief executive in Japan, effective immediately. He replaces Toshiro Kubozono who has retired after nine years in the role.
Based in Tokyo, Renaud (pictured) reports to Lionel Paquin, chief executive officer of Lyxor Asset Management, and locally to Raphael Cheminat, group country head for Japan, Societe Generale.
In his new role, Renaud manages Lyxor’s subsidiary in Japan. His main task is to develop Lyxor’s franchise locally, through building on Lyxor’s strengths – particularly in ETF and indexing and in multi-management – and further enhancing cross-selling opportunities with the large client base of Societe Generale in Japan.
Renaud first came to Japan in 1993 as an exchange student at Hitotsubashi University. After fulfilling his military service as an Overseas Volunteer in Tokyo (detached to a subsidiary of Sapporo Beer), he joined Banque Indosuez in Paris as an inspector in 1995. In 1996, he returned to Tokyo to work as a Trade Attaché at the French Embassy.
In 2000, he was hired by BNP Paribas Securities Japan to join its newly created corporate finance department, working on M&A transactions and private equity placements. He moved to the equities & derivatives department as head of the business management team in 2005, leading various new projects to expand the business beyond its structured products franchise. In 2008 Renaud was assigned at BNP Paribas’ group headquarters in Paris as deputy head of FIG International, a coverage team in charge of developing relationships with financial institutions outside Europe, where he focused mainly on clients in Japan and North America. In 2012, he joined BNP Paribas Investment Partners Japan as chief operating officer.