Lawrence Remstedt was named director of institutional development and relations at AXA Investment Managers, a spokesman confirmed.
Mr. Remstedt replaces Michael Wright, who joined HSBC Global Asset Management in April as head of institutional sales for North America.
Mr. Remstedt is in charge of broadening institutional business development and client relationships in the U.S. He reports to Xavier Thomin, head of AXA Investment Managers U.S. and general counsel.
Mr. Remstedt was previously a portfolio manager at AXA Rosenberg. He will continue to be responsible for his clients, and the analytical responsibilities will be assumed by other employees.