Pioneer Investments' CEO Sandro Pierri will leave the group next year, to be replaced by current CIO Giordano Lombardo.
Pierri (pictured) has been at the the Italian asset management firm for over a decade and in his role as CEO since July 2012. He will step down from his current role and exit the firm at the end of January 2015. His successor Lombardo has been at Pioneer for over 17 years and is currently group chief investment officer and deputy CEO. Federico Ghizzoni, CEO of Pioneer's parent UniCredit, said: "The past two years have seen Pioneer's standing as a leading global asset manager reaffirmed, supported by outstanding investment performance and approximately €24bn of cumulative net inflows. ...
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