Ignis Asset Management has appointed AllianceBernstein UK chief executive officer and chairman Claude Chene as head of distribution.
Chene, who joins the firm in October 2011, is tasked with handling the firm’s global distribution for both the retail and institutional businesses and will also join the Ignis board.
His appointment comes a month after Ignis announced the departure of sales and marketing director Jonathan Polin.
Chene joined AllianceBernstein in 1998 to launch the firm’s UK and European offering. He has also held distribution roles at UBS Asset Management, Chase Investors Management Corp. and Irwin Trust Company.
Chene is also a member of the IMA’s institutional business committee and a member of the IMA board.
Ignis chief executive Chris Samuel says: “We are committed to building Ignis into a leading asset management business and it is, therefore, a great pleasure to welcome someone of Claude’s pedigree and experience to help us fulfil our ambitions. Under his guidance, and working closely with me and our investment teams, we are looking forward to strengthening our presence in all our chosen markets, be they retail, wholesale, institutional, in the UK or abroad.”