Deka has poached Marlene Raffault, managing director of the French subsidiary of fund manager Oppenheim, to be its head of real estate management in France.
Raffault, 38, will be in charge of asset management for the company’s E2.5bn (£2bn) French portfolio.
Raffault was previously head of asset management at Oppenheim before becoming French managing director in 2007 when the company was bought by IVG Immobilier.
Before Oppenheim she worked for five years at Generali Immobilier.
Raffault will be based at Deka’s Paris office with its real estate lending team, managed by Michael Koch.