Pierre Bollon is the chief executive of AFG, the French asset managers trade association. He is a board member of EFAMA, vice-Chairman of Pensions Europe, secretary general of the European Savings Institute and vice-Chairman of ORSE, the French Study Center for Corporate Social Responsibility and vice chairman of Pensions Europe. AFG members manage 3600 Billion euros on behalf of institutional and private investors, both through mandates and through investment / mutual funds, making the French asset management industry a leader in Europe. Institutional clients of AFG members include French and foreign pension funds and insurers. AFG members manage PERCOs, the 401K-like French occupational DC schemes that cover 2.2 Million employees working in 210 000 companies.