Zineb Bennani has been appointed CEO of Mirova U.S., the U.S. subsidiary of Mirova, the Paris-based sustainable investment affiliate of Natixis Investment Managers.
The appointment is effective May 2023, a Thursday news release stated.
Ms. Bennani was also named to the newly created position of global head of business development at the parent firm Mirova.
Following Ms. Bennani's appointment, the current interim CEO at Mirova U.S. Ritesh Shah will take on the role of global head of corporate development at parent Mirova, where he will be in "charge of managing the company's future corporate developments," the release noted.
Both Ms. Bennani and Mr. Shah will continue reporting to Guillaume Abel, deputy CEO of parent Mirova.
The Mirova U.S. subsidiary currently manages $8.4 billion in assets. The Mirova parent has $29 billion in AUM.
Ms. Bennani is currently chief operating and development officer of parent Mirova. A spokeswoman for Mirova said by email that no one will fill those roles.