Bruno Crastes, CEO and chief investment officer of Amundi’s U.K. division, resigned along with two other executives, according to spokeswoman Charlotte Binche.
Also leaving are Vincent Chailley, head of global fixed income, and Jean-Noel Alba, deputy CEO for Amundi’s London branch.
All three will depart Friday, Ms. Binche said.
Ms. Binche could not say why the three are leaving, but two sources who spoke on the condition of anonymity said the trio may be launching a new asset management firm.
Laurent Crosnier, deputy head of European fixed income, will become CIO of Amundi U.K.. His previous position will not be filled.
Pascal Blanque, CIO of Amundi and head of the institutional investment division, will also become CEO of Amundi U.K. Herve Leclercq, head of risk control, will replace Mr. Alba as deputy CEO of the London division and take on the new title of COO of Amundi U.K. Information about Mr. Chailley’s replacement was not available at press time.
“The important thing to note is there are no changes to the investment team,” Ms. Binche said.
Amundi was formed in 2009 after the merger of Credit Agricole Asset Management and Societe Generale Asset Management. The firm had €650 billion ($882 billion) in assets under management as of Sept. 30.