Wendel announces that its Management Board has decided to entrust Jérôme Michiels with responsibility for structuring its third-party asset management business, in addition to his current responsibilities as Deputy Managing Director (DGA).

As DGA, he is in charge of seeking out new investment opportunities, monitoring certain direct holdings and managing Wendel Growth. He will also continue to supervise Wendel's financial communications team.

Following this development, Benoît Drillaud, until now Deputy CFO, has been promoted to CFO of Wendel. Reporting to the Executive Board, he is responsible for directing the activities of the investment group's finance and accounting department.

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