Candriam Appoints New Chief Investment Officer and Global Head of Fixed Income

Candriam, a global multi-asset manager focused on sustainable and responsible investing, is pleased to announce the appointment of Nicolas Forest, Candriam’s Global Head of Fixed Income since 2013, as its new Chief Investment Officer (CIO), effective on May 1, 2023.

This appointment follows the recent appointment of Vincent Hamelink, Candriam’s current CIO, as the new CEO-elect of Candriam, succeeding Naïm Abou-Jaoudé, who will assume the role of CEO of New York Life Investment Management[1], Candriam’s parent company.

In his new role as CIO, Nicolas Forest will be responsible for leading a team of over 200 investment professionals, overseeing all of Candriam’s investment platforms, including fixed income, equities, absolute return, asset allocation and sustainable investment. Nicolas will be based in Brussels, one of Candriam’s four investment centers.

Philippe Noyard, currently Global Head of Credit and Deputy Global Head of Fixed Income, and in the group since 1989, will succeed Nicolas Forest as Global Head of Fixed Income. Philippe will lead a team of over 40 fixed income experts, overseeing Candriam’s €40bn fixed income platform[2], which includes global bonds, money market, investment grade, high yield, emerging market debt and convertible bonds. He will be based in Paris.

“Nicolas’ appointment as our new CIO demonstrates the philosophy of continuity which has been instrumental in Candriam’s success. With 20 years of experience in positions of responsibility at our company, Nicolas has proven his qualities as a manager and leader. I look forward to continuing Candriam’s story with him at my side. I am also delighted to announce the promotion of Philippe Noyard to Global Head of Fixed Income. Philippe has a compelling track record as a credit manager and he will continue to bring his invaluable investment standards to an expanded team”

declared Vincent Hamelink, CEO-elect of Candriam.


Nicolas Forest, CIO-elect of Candriam, continued:

“I am honoured to become Candriam’s new CIO and build upon Vincent’s legacy. We will remain committed to our core values of conviction and responsibility, while prioritising talent and teamwork, and enhancing our commitment in key areas such as risk management, robust investment processes and identifying market opportunities. This approach will enable us to continue to strive for optimal risk-adjusted returns for benchmarked and absolute return strategies, while fostering client trust over the long-term.”


[1] New York Life Investment Management refers to New York Life’s global multi-boutique third party asset management business.
[2] As of 31 December 2022

  • Nicolas Forest
    Nicolas Forest
    Chief Investment Officer
  • Philippe Noyard
    Global Head of Fixed Income, Member of the Executive Committee

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