La Financière Responsable replaces chairman

La Financière Responsible, the French socially-responsible investment manager majority owned by Spain’s Mapfre Group, has appointed Thierry Chesneau as executive chairman, replacing Olivier Johanet who will remain on the firm’s board.

Formerly a top athlete, Chesneau was previously general secretary for compliance at Natixis.

Mapfre first acquired a stake in LFR in 2017, before becoming majority shareholder in February 2023.

Spain’s Mapfre AM extends stake in French ESG manager

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