Jan Boudewijns is calling time on a 40-year financial services career and preparing to hand over leadership of the Candriam emerging markets equities team to Paulo Salazar, senior EM equity analyst and fund manager (pictured).
The pair will run the team together as co-heads until the first half of 2022 to facilitate a smooth transition of duties, leading up to Boudewijns’ retirement after 35 years at the company.
They will both report into Vincent Hamelink, chief investment officer.
Meanwhile, Philip Screve, deputy head of EM equities, who joined the team in 1997, will continue to oversee the strategy.
Lamine Saidi, senior fund manager, who joined the team in 2005, will continue to manage the sustainable EM equity strategy.
Commenting on his promotion, Salazar said: “I am grateful to have had the opportunity to work with and learn from Jan for over the last six years and look forward to working with him over the coming year to make the transition seamless for our clients.
“As we transition leadership of the team, my main priority will be to maintain and sustain a proven investment process while building on the intellectual capital developed by Jan and our team over several decades.
“Jan’s departure next year will leave behind a legacy of consistent value creation for clients, which is a track record I will seek to emulate.”
Boudewijns added: “I am delighted to be transitioning my leadership and responsibilities to Paulo. He is a vastly experienced and valued member of the team, who is focused on delivering consistent and strong long-term performances.
“The combination of Paulo and Philip Screve driving forward a hugely talented, experienced and multi-cultural team will provide the essential ingredients for ongoing success.”
Hamelink said: “Jan has built incredible emerging markets equities business and under Paulo’s new leadership the team will continue to deliver strong performance to our clients. On behalf of everyone at Candriam, we want to thank Jan for his significant contribution to the firm’s success, and particularly his dedication to emerging markets equities.
“We look forward to working with him during this transition period and wish him well in his retirement.”