n THE TRADE HO T 100 n www.thetradenews.com 31
n THE TRADE HOT 100
Morocco sounds like a great place to start a career, but when Fabien Oreve got his first job in 1994, he wound up in Casablanca, where he
worked at a modest stockbrokers.
The firm’s business was flourishing after the country’s biggest firms
had been listed and the market modernised.
As history shows, this is a big undertaking in a developed market, but
this was a major shock in an emerging country.
It could have been the end for him, but instead, this trial by ordeal has
coloured and influenced Oreve’s whole career and it gave him knowledge
of financial markets from a back-office standpoint. It also allowed him to
prove he was highly adaptable, dealing with a new environment in a differ-
ent culture with new technologies.
From here, he moved to a French stockbroker handling securities lend-
ing in a collateral management position before taking an opportunity to go
to the front office.
Here he helped create a program trading division, armed with no expe-
rience but his technical background and an ability to manage data.
Oreve has built a multi-asset desk that is also experimenting with trad-
ers crossing into other areas – for instance equity into fixed income – but
with certain safeguards.
Done to improve capacity, it has had the effect of improving working
relationships as the traders interact more with each other, according to
”Our productivity ratio has grown amazingly and I’m very proud of that,
but it’s reached a point where we have to hire,” says Oreve.
He says more bodies are needed “to absorb the flow”, carry out trans-
action cost analysis and enhance relations with brokers. He sees this as
key to Candriam’s development in the new post-Mifid II world. n
Global head of trading
Candriam Investors Group
Master, Banking & Finance
1992 – 1993
Ecole supérieure de Commerce
Master, Marketing and Finance
1990 – 1993