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16 November 2021Insurance

SCOR Investment unveils swathe of key changes to accelerate growth

French reinsurer  SCOR is looking to accelerate the growth of its third-party asset management activity and support the next phase of its development with a series of leadership changes at  SCOR Investment Partners SE (SCOR IP), its asset management arm.

Fabrice Rossary, previously chief investment officer of SCOR IP, is appointed chief executive officer of SCOR IP. He succeeds François de Varenne, who becomes chairman of SCOR IP’s supervisory board in his capacity as SCOR Group executive committee member in charge of investments, transformation, technology and group corporate finance.

Louis Bourrousse, previously head of investment business performance for SCOR Global Investments, is appointed head of business development to oversee sales and marketing as well as distribution partnerships.

Marie-Suzanne Mazelier, previously head of aggregate, is named chief investment officer. She will oversee all of SCOR IP’s portfolio management teams, including the fixed income, corporate loans, infrastructure, real estate, insurance linked securities, fund selection and sustainability teams.

Furthermore, Thibaut Lameyse, previously strategic investments manager for SCOR Global Investments, will become general secretary of SCOR IP, reporting to Fabrice Rossary. Alexandre Stoessel, previously head of high yield, will become head of fixed income, overseeing all fixed income asset classes including government bonds, covered bonds, Agency MBS, investment grade and high yield corporate bonds. And, Sophie Duclos-Grenet, previously head of legal, loans, is appointed head of fund selection.

The changes will be effective upon receipt of the relevant regulatory approvals.

François de Varenne, member of the SCOR SE executive committee, said: “These appointments, all internal promotions, bear witness to the deep talent pool we have assembled at SCOR IP. Since its inception in 2008, we have developed a successful business model combining the management of SCOR’s investment portfolio and investment strategies open to third-party investors, leveraging on our ambition to finance the sustainable development of societies together.

“I have every confidence in Fabrice and the new leadership team to accelerate the development of SCOR IP’s asset management franchise while ensuring management continuity.”

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