Alain Grisay, ex-JPMorgan and F&C exec, dies


Sad to report

Alain Grisay, a former JPMorgan Chase Managing Director who later oversaw a series of mergers as CEO at F&C Asset Management, has died. He was 59.

Bloomberg News reports that he died over the weekend, according to a statement from Darty Plc, a London-based home-appliance retailer of which Grisay was a nonexecutive director. No cause was given. He lived in London for almost three decades.

Alain Leopold Grisay was born on April 5, 1954, according to Who’s Who of Company Directors. He earned a master’s in law from the University of Louvain in Belgium, and a Master of Arts degree in international affairs from Johns Hopkins University in Baltimore, the Independent said.

Grisay joined J.P. Morgan & Co. in 1979 as a financial analyst in New York. In 2000, the bank merged with Chase Manhattan Corp. to become JPMorgan Chase.

After moving to F&C, Grisay became deputy CEO and chairman of the company’s Dutch unit, where he remained until 2004, when F&C merged with the U.K. asset-management company Isis.

Hit the link below to access the complete Bloomberg article:

Alain Grisay, Ex-JPMorgan Manager Who Led F&C Asset, Dies at 59

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