BNP Paribas: Sandro Pierri joins the Executive Committee of the BNP Paribas Group
Sandro Pierri, Chief Executive Officer of BNP Paribas Asset Management (BNPP AM), joins the Executive Committee of the BNP Paribas Group as of 30 March 2026. This appointment confirms the strategic positioning of the newly unified BNPP AM within the integrated model of the Group, combining industrial scale with BNP Paribas’ powerful distribution, insurance and corporate banking capabilities.
As part of its 2030 new strategic plan, BNPP AM will reinforce its close collaboration with CBPS and CIB businesses positioning its activities as a growth engine for the Group.
Sandro Pierri reports to Renaud Dumora, Deputy Chief Operating Officer of BNP Paribas, in charge of Investment & Protection Services.
“Under the leadership of Sandro Pierri, we are building a European leading player in asset management. Thanks to its industrial scale and stronger collaboration across the Group, BNPP AM will help deliver even greater value for our clients. I am delighted to welcome Sandro Pierri to the Executive Committee, where he will bring all his asset management expertise to support the growth trajectory of the Group.” said Jean-Laurent Bonnafé, Director and Chief Executive Officer of BNP Paribas.
“I look forward to Sandro Pierri’s participation in the Executive Committee’s work. His experience in asset management and his vision for a coordinated growth with other Group’s businesses will allow to take full advantage of our new platform and then contribute to accelerate IPS’s momentum.” said Renaud Dumora, Deputy Chief Operating Officer, in charge of Investment & Protection Services (IPS).
Biography
Sandro Pierri, CEO of BNP Paribas Asset Management since 1st September 2021, is CEO of the new BNP Paribas Asset Management since 31 December 2025.
Sandro Pierri has more than 35 years’ experience in the asset management industry. He joined BNP Paribas Asset Management in 2017 as Head of the Global Client Group, and he was appointed CEO in 2021., successfully implementing BNP Paribas Asset Management’s growth plan and positioning it as a key player offering high added value investment solutions for individual savers, companies, and institutions. Sandro began his career in 1989 as a portfolio manager with San Paolo Fondi, moving to BNL Gestioni in 1992, before joining ING Investment Management in Italy in 1994, where he held several commercial roles. Between 2002 and 2003, he was Chief Executive of ING Group’s Italian retail business. Following the acquisition by UniCredit/Pioneer of ING’s Italian business, he joined Pioneer Investments, UniCredit’s asset management division, in 2004. He spent 10 years in various commercial and managerial positions, including being appointed CEO in 2012. Sandro graduated in Economics from the Università degli Studi di Torino, Italy.
BNP Paribas appoints Sandro Pierri CEO of BNP Paribas Asset Management
BNP Paribas announces the appointment of Sandro Pierri as CEO of BNP Paribas Asset Management, its asset management arm, with effect from 1 July 2021.
Based in Paris, Sandro Pierri will report to Renaud Dumora, future[1] Deputy C0O of BNP Paribas, in charge of the Investment & Protection Services Division of the Group which includes BNP Paribas Asset Management, alongside BNP Paribas Cardif, BNP Paribas Wealth Management and BNP Paribas Real Estate. He succeeds Frederic Janbon, who will become Special Advisor to Renaud Dumora, to ensure the transition, before leaving the Group at the end of the year to pursue other professional opportunities.
Jean-Laurent Bonnafé, CEO of BNPP Group, comments:
«I would like to sincerely thank Frederic Janbon for his overall contribution to the BNP Paribas Group, in which he spent most of his professional career. During his tenure at the head of Fixed Income and up until 2014, he successfully built and ran a powerful and recognized fixed income and debt capital market franchise. Since 2015, he has refocused and transformed our asset management activities into a fully integrated platform delivering solid investment performances to our clients. Under his leadership, BNP Paribas Asset Management has become a global leader in sustainable investment.»
Renaud Dumora adds :
«The appointment of Sandro Pierri, who has more than 30 years of experience in the asset management industry and has been Deputy CEO for BNP Paribas Asset Management since 1 January 2021, demonstrates the capacity of our asset management business to organise a seamless succession plan which will ensure consistency with the strategy developed by Frederic Janbon. Sandro has transformed BNP Paribas Asset Management’s Global Client Group into a client centric distribution platform to support the growth strategy of the business. This has proven successful with positive results in 2020, despite the impact of the pandemic. As CEO, he will uphold the strategy, philosophy and values of the firm within the framework of our Group next business development plan and will reinforce the leadership of BNP Paribas Asset Management in sustainable investment.»
Biography
Sandro Pierri has more than 30 years’ experience in the asset management industry. He joined BNPP AM in 2017 as Head of the Global Client Group (‘GCG), its global sales and marketing organisation, and has made a notable contribution to implementing BNPP AM’s growth plan, positioning it as a key player offering high added value investment solutions for individual savers, companies and institutions.
Sandro began his career in 1989 as a portfolio manager with San Paolo Fondi, moving to BNL Gestioni in 1992, before joining ING Investment Management in Italy in 1994, where he held several commercial roles. Between 2002 and 2003 he was Chief Executive of ING Group’s Italian retail business. Following the acquisition by UniCredit/Pioneer of ING’s Italian business, he joined Pioneer Investments, UniCredit’s asset management division, in 2004. He spent 10 years in various commercial and managerial positions, including being appointed CEO in 2012. Sandro graduated in Economics from the Università degli Studi di Torino, Italy.
1 As of May 2021