Money Management

BNP Paribas Asset Management names first chief data officer as part of AI push

Christophe Bonnefoux was named chief data officer at BNP Paribas Asset Management, a spokesman said.

The position is new. Mr. Bonnefoux is responsible for data management, data framework and determining data integrity and quality.

"The creation of this new role is a key step in our ambitious data management plan, which will benefit our clients, along with other initiatives in the areas of artificial intelligence and digital development. The areas for which (Mr. Bonnefoux) is responsible are key to the future of our company, and his extensive experience, including knowledge of digital challenges and big data will be of considerable benefit," said Fabrice Silberzan, chief operating officer, in a news release.

Mr. Bonnefoux joined from Accenture Digital, where he was director for data and business analytics. A spokesman could not be reached to provide more details by press time.

BNP Paribas Asset Management has €569 billion ($706 billion) in assets under management and advisory.