Amvescap shareholders elected Denis Kessler, 49, as a non-executive member of the Board of Directors. Kessler is an economist and executive chairman of the French Federation of Insurance Companies (FFSA) and executive vice chairman of the French Business Confederation (MEDEF). He replaces Roberto de Guardiola, a non-executive director since 1997, who resigns after de Guardiola Advisors accepted consulting work with Amvescap.
 
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