CIC Private Debt, part of La Française Group – the asset management arm of Crédit Mutuel Alliance Fédérale – has appointed Mounia Khamlich Fischer as head of risk & operations, effective 1 February 2026.
She joins the company’s executive committee and reports directly to Chairman François Petit.
The role has been newly created to support CIC Private Debt’s European expansion in corporate and infrastructure private debt and the development of new investment solutions. François Petit said Khamlich Fischer’s extensive experience in private markets and operational risk management “is a key asset for our development.”
Khamlich Fischer brings more than 20 years of investment experience. She began her career at Sinopia Asset Management (HSBC) and later joined Edmond de Rothschild as a fund manager for absolute return and structured funds, eventually leading the firm’s Risk Control team from 2009. In 2011, she moved to Assurances du Crédit Mutuel, where she spent nearly 15 years rising from Head of Risk Management to Head of the Private Assets & Real Estate Division.
She is a graduate of ENSAE (École nationale de la statistique et de l’administration économique) and holds the Board Director Certificate from Sciences Po and the Institut Français des Administrateurs.
