M&G Investments has appointed Micaela Forelli as managing director of M&G Luxembourg.
She will be responsible for guiding the firm’s two separate business entities based in Luxembourg and leading the local offices.
The appointment does not change any current boards or other structures in Luxembourg, including distribution roles.
This new title and responsibilities are in addition to Forelli’s existing roles as Head of European and Global Banks Distribution, and Director of M&G International Investments.
Graham Mason, chief international officer, M&G said: “As the home of our expanded mutual fund Sicav range, the success of our Luxembourg-based businesses is central to our plans to expand and deepen our wholesale and institutional presence in Europe, and Asia.”