Christian Rabeau, formerly a director of asset allocation at Axa Investment Managers, has been promoted to chief investment officer of its Paris office following the departure of Thierry Deheuvels to AGF.

Deheuvels resigned in June. He has since taken up the role of chief investment officer and has become a member of the executive committee at AGF Asset Management. He will also oversee socially responsible fund management across AGF's different asset classes.