Axioma Names Olivier d'Assier to the Additional Post
Of Vice President for Global Sales
NEW YORK, Nov. 22, 2006-Axioma Inc., a leading global provider of risk analysis and portfolio rebalancing tools for the financial services industry, announced today that Olivier d'Assier, President of Axioma Asia, has been named to the additional position of Vice President of Axioma Inc., with responsibility for global sales. He will report to Dr. Sebastián Ceria, Chief Executive Officer.
d'Assier joined Axioma in March 2006 to lead the company's expansion in Asia, where he subsequently established offices in Hong Kong and Singapore. He was previously President of Barra Japan and Executive Director of MSCI Barra for Asia Pacific, where he was responsible for the strategic and commercial business development in that region, overseeing the operation of the firm's Tokyo, Hong Kong and Sydney offices.
"Olivier has done a superb job of growing Axioma's business in Asia and we are delighted to have him taking on added responsibility for global sales," said Ceria. "Growth at Axioma is accelerating rapidly. We are introducing exciting new products, opening new offices and our staff has doubled in the past 12 months as our client base continues to expand. Axioma has already benefited from Olivier's extensive experience in business development, marketing and sales, and we look forward to establishing a global operational structure across North America, Europe and Asia."
In his new role, d'Assier will assume the sales responsibilities of Daniel Cashion, President of Axioma, who has stepped down to pursue other opportunities.
"We wish Dan continued great success in the future and thank him for his many contributions during his tenure at Axioma," said Ceria, adding that Cashion would continue to serve the company in an advisory role.
About Axioma
Axioma, Inc. develops and markets innovative risk analysis, portfolio rebalancing and performance attribution products for the financial services industry. Founded in 1998 and headquartered in New York, Axioma helps leading financial firms manage risk, increase returns and improve operational efficiency.
For more information about Axioma, please contact Reid Gearhart, 914.734.1191, Ellen Kiernan at 212.991.4503 or visit the company's Web site at www.axiomainc.com.
