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Funds association appoints former sell-side advocate as leader

Tanguy van de WerveTanguy van de Werve is to be the next director general of the main European trade body for fund management firms.

He takes up the role with the European Fund and Asset Management Association (Efama) from January 1. The move follows the decision of current director general, Peter de Proft, to step down after 11 years.

Efama said Van de Werve’s career spans 25 years, including leading advocacy campaigns for several industry bodies, most recently the Association for Financial Markets in Europe (Afme), where he was head of the Brussels office.

Afme represent banks active in Europe's wholesale capital markets.

William Nott, Efama president, said: “Following an in-depth and thorough selection process, we are confident we have found the right person to lead the Association through what will be a vital next phase for the industry in Europe.

“Tanguy has an excellent track record in leading complex industry associations, raising the profile of the industries he has represented, and most importantly, in achieving tangible and quantifiable results with EU policymakers for those industries. He has also been at the heart of the evolution of the European financial services industry in recent years.”

Efama tasks its director general partly with improving the understanding of the role asset managers play in the economy.

Van de Werve said: “Peter will leave big shoes to fill at Efama and I look forward to benefitting from his experience and guidance, as I aim to pick up where he has left off.”

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