Scemama has worked with AXA IM for 15 years, joining in 2001 as head of the company’s real estate fund structuring and financing practice.
Most recently, she was CEO of the AXA IM - Real Assets’ French regulated entity, responsible for the funds group that deals with core, value-add and development funds.
Vaquier has been with AXA IM since 1993, and has been CEO of the real assets division for the last ten years. He is stepping down to explore new opportunities.
CEO at AXA IM Andrea Rossi said: “I am also very pleased that Isabelle Scemama will now be taking the lead as CEO. She has been an instrumental force in, and key to the development of our Real Assets platform, while leading the Funds Group, and while serving as a member of the AXA IM - Real Assets management board.”
He added: “I have every confidence that the longevity of her experience with the firm, and her direct involvement in AXA IM - Real Assets’s recent expansion and achievements, will ensure both a smooth transition and continued success.”
Scemama commented: “I am honoured to be appointed as CEO of AXA IM - Real Assets. The firm has been a success story since its very creation and it is an exciting challenge, and great responsibility, to have the opportunity to lead it through the next phase of its evolution with our new management board, particularly in an environment where demand from investors for real assets has never been so high.”
“Looking ahead, I am confident that the company will be able to capitalise on the distinctive strengths it has continued to establish and reinforce, year after year, while further addressing our clients’ needs and facing the new challenges of our industry.