Press release – May 19, 2020
MFEX, the leading independent fund distribution Platform, has appointed Jean Devambez as Group Chief Operating Officer (COO)
MFEX, the leading independent fund distribution Platform, has appointed Jean Devambez as Group COO effective May 6, 2020.
He joins MFEX from BNP Paribas Securities Services where he spent the last 12 years as Head of Operations for Asset & Fund Services in France, Global Head of Product & Solutions and most recently Global Head of innovation and new Business model Development.
Jean Devambez will bring his broad experience of the fund industry and his proven track record in global Operations, Business Transformation, Innovation and Digital.
As group COO he will oversee Trading & Custody, Rebate Collection, Distribution Agreement Administration and Data Solution activities globally. He will be in charge of the provision of a high-quality service to clients, the maintenance of the Global Operating Model, the integration of strategic clients and partners and the acceleration of the group Digital roadmap. He will join the Executive committee of the company.
Torben Brandt Munch, MFEX Group CEO comments : “MFEX has been a key player in the industry consolidation over the last three years. Our objective is to provide our users with an independent platform to improve their efficiency and respective business opportunities. With MFEX technology driven set of services they benefit from a robust and innovative Solution. We are very pleased to welcome Jean Devambez. His experience and knowledge will be a great asset to support MFEX during the company’s next phase of growth”.
MFEX, an independent global fund distribution platform, offers a complete and fully transparent solution for fund distribution with 300 Billion EUR in assets under administration. Banks and other financial Institutions use MFEX to access the world's largest fund offering with trading, rebates, fund data solutions and due diligence services from over 960 fund companies and 72 000 funds. MFEX is active in 50 countries across 5 continents with its head office in Stockholm and subsidiaries and offices in Paris, Geneva, Kuala Lumpur, London, Luxembourg, Madrid, Milan, Singapore, and Umeå.