Richard Wohanka on Tuesday left his post as CEO of Fortis Investments by mutual consent with parent BNP Paribas, according to BNP Paribas spokeswoman Malka Nusynowicz.
Information about Mr. Wohankas plans was not available.
Officials at BNP Paribas declined to say whether Mr. Wohanka will be directly replaced, or whether they will appoint a new CEO to lead both Fortis Investments and BNP Paribas Investment Partners, the umbrella group that includes BNP Paribas asset management operation.
BNP Paribas won shareholder approval to acquire Fortis earlier this year following an embattled campaign to stop the proposed acquisition. Then in April, Gilles Glicenstein, CEO of BNP Paribas Investment Partners, died following a long illness. Jacques dEstais, head of investment solutions, was named interim CEO while BNP Paribas searches for a permanent replacement.
Fortis Investments had about €170 billion ($240 billion) in assets under management as of Dec. 31, while BNP Paribas Investment Partners reported €305 billion as of the same date.