Clavel joins Axa IM from the French National Statistical Institute (INSEE) where he was head of the forecasting unit and responsible for INSEE’s Quarterly Economic Outlook.
Based in Paris, he will focus specifically on international trade and financial flows, cross-border investments, and exchange rates.
Chaney, Axa IM head of research and Axa group chief economist, said Clavel had knowledge and experience of both French and international macroeconomic analysis, extensive academic background and experience of working at INSEE.
This “would significantly reinforce ability to analyse and anticipate world economics and international financial markets”, he said.
Clavel joined INSEE in 2005 where he was responsible for following the French economy and later for global forecasting.
In 2008, he joined the Finance Ministry, where he was responsible for estimating the impact of different scenarios and measures ahead of the 2010 French pension reform.
In 2010, he became deputy chief of the Regional Economic Service in Stockholm and financial counsellor for the Nordic countries at the French Embassy in Sweden.
