• AXA IM Core
  • News
  • Pietro Martorella and André Thali are appointed Co-Heads of Client Group for AXA IM Core
Appointment news

Pietro Martorella and André Thali are appointed Co-Heads of Client Group for AXA IM Core

  • 19 June 2023

AXA Investment Managers (AXA IM) today announces the appointment of Pietro Martorella and André Thali as Co-Heads of Client Group for AXA IM Core1 .

Effective July 1, they will both report to Hans Stoter, Global Head of AXA IM Core, and have the joint responsibility to serve clients and drive growth for AXA IM Core.

  • Pietro Martorella will lead Western Europe, Southern Europe, Americas and Marketing in addition to his current responsibilities as Head of Core Client Group Southern Europe team.
  • André Thali will lead Northern Europe, DACH (Germany, Austria & Switzerland), Asia, Japan, ETF and Product Strategy in addition to his current responsibilities as Head of Core Client Group DACH.

Matt Lovatt, currently Global Head of Client Group for AXA IM Core, will retire on July 1, 2023.

On behalf of the Management Board, I would like to warmly thank Matt for his significant contribution and support to the success of AXA IM over the last twenty years. I wish him the very best for his future.” said Marco Morelli, Executive Chairman of AXA IM.

Pietro and Andre’s promotions reflect the strength of our internal talent pool. I am looking forward to further work with them in their extended roles, to deliver on the business objectives we have.” added Hans Stoter.


Pietro Martorella                                                                                                                    

Pietro Martorella is Head of Core Client Group Southern Europe (Italy, Spain, Portugal) at AXA IM since 2021.

Pietro joined AXA IM in 2004 as Head of Retail & Wholesale distribution and then became Managing Director of the Italian branch in 2009.

Previously, he held various roles in the commercial and fund distribution area in BNP Paribas AM where he started his career in 1999 and was then also in charge of the commercial development of alternative products in Italy and the development of the Greece-Malta-Cyprus area from 2002.

Pietro graduated in Business Administration from the Catholic University of Milan.

André Thali                                                                                                               

André Thali is Head of Core Client Group DACH (Germany, Austria & Switzerland) at AXA IM since 2017, as well as Deputy CEO of AXA IM Switzerland. He was previously Head of Client Group Switzerland and Liechtenstein from 2013 to 2017.

Prior to joining AXA IM in 2007, André was Head of Sales Europe for the fund management company Swisscanto since 2001, responsible for third-party distribution.

Between 1996 and 2001, he worked for Sarasin International Securities Limited in London as a Sales-Trader.

André graduated from the KV in Luzern and is a qualified Trader.



    This press release should not be regarded as an offer, solicitation, invitation or recommendation to subscribe for any investment service or product and is provided for information purposes only. No financial decisions should be made on the basis of information provided.

    This document is for informational purposes only and does not constitute investment research or financial analysis relating to transactions in financial instruments as per MIF Directive (2014/65/EU), nor does it constitute on the part of AXA Investment Managers or its affiliated companies an offer to buy or sell any investments, products or services, and should not be considered as solicitation or investment, legal or tax advice, a recommendation for an investment strategy or a personalized recommendation to buy or sell securities.

    Issued in the UK by AXA Investment Managers UK Limited, which is authorised and regulated by the Financial Conduct Authority in the UK. Registered in England and Wales No: 01431068. Registered Office: 22 Bishopsgate London EC2N 4BQ

    In other jurisdictions, this document is issued by AXA Investment Managers SA’s affiliates in those countries.

    Back to top