Insight Investment CEO steps down, successor appointed

The chief executive of global asset manager Insight Investment, Abdallah Nauphal, is set to retire from the role after 17 years in the job, with Raman Srivastava named his replacement.

The manager said in an announcement that Nauphal, who had been at Insight Investment for more than 20 years and is the longest-serving CEO of a large European investment manager, would step down from his position in the first half of 2025.

Srivastava, who will report to Global Head of BNY Investments and Wealth, Jose Minaya, boasts over 25 years of experience in the investment space, having most recently enjoyed the position of Executive Vice-President and Global Chief Investment Officer at Canadian-based insurance company, Great-West Lifeco Inc.

To his new role as CEO designate, the firm said he brings a wealth of knowledge and expertise in capital markets, asset management, insurance, executive decision-making and key strategic initiatives.

“I am thrilled to join Insight, a world-class investment firm, and I look forward to working with Abdallah and the executive team, as well as engaging with my new colleagues, clients and their advisers,” Srivastava said.

“Leading such a successful organization into the next exciting phase of its ambitious growth strategy is both an honour and an incredible opportunity.”

Nauphal led the company as it grew its institutional client base ten-fold and its assets under management by more than $750 billion (now at $892 billion).

“It is still hard to imagine leaving a business that has been such a large part of my life for so long and I am exceptionally proud of what we have achieved over the last twenty years,” he said.

“Having been heavily involved in the process to select a suitable successor over the last year, I know that the business will be in safe hands under Raman’s leadership, and I look forward to watching Insight’s continued success for years to come.”

“I’d like to thank Abdallah for his many achievements as CEO, providing the strategic direction which has shaped Insight to become the world-class investment manager that it is today,” Minaya

“I’d also like to congratulate Raman on his appointment to lead Insight in the next exciting phase of its growth strategy.”