Laurent Lavergne was named global head of sustainability of AXA Investment Managers' alternatives unit, effective Oct. 1, a spokesman confirmed.
The position is new. Mr. Lavergne will report to Isabelle Scemama, global head of AXA IM alternatives, and will assume the responsibilities of Justin Travlos, global head of responsible investment, who was focused on real estate and infrastructure.
Mr. Travlos has decided to return to Australia and will leave the firm at the end of 2023.
Mr. Lavergne will be responsible for the firm's sustainability strategy across real estate, infrastructure, alternative credit, and natural capital and impact investments.
He will focus on aligning 50% of the business' real estate assets under management with the Paris Agreement targets by 2025.
"Laurent has a strong track record of overseeing complex investment projects and strategies, and his deep-rooted understanding of our business and extensive experience managing our global sustainable development platform will be invaluable in his new role," Ms. Scemama said in a news release Thursday.
Mr. Lavergne was most recently global head of asset management and development within the firm's real estate business. His replacement will be announced in due course, the spokesman said.
AXA's alternatives unit has €185 billion ($201.6 billion) in AUM.