SimCorp, a subsidiary of Deutsche Börse AG, has announced the appointment of a new Chief Executive Officer, effective immediately. The individual, known for a robust track record in the financial sector, brings extensive and varied experience that is expected to benefit the company significantly.
Prior to joining SimCorp, the new CEO served as Group Chief Executive Officer at GAM Investments from 2019 to 2024. In this role, valuable insights were gained as a direct client of SimCorp’s software, which enhanced an understanding of the strategic advantages offered by the platform.
His career also includes a long tenure at BlackRock Investment Management, where he held several senior roles, including Managing Director of Multi-Asset Investment Solutions and Financial Markets Advisory. His contributions as a member of the European Executive Committee were pivotal in shaping significant initiatives across various financial sectors. Additionally, previous experience at Mondrian Investment Partners and KPMG helped round out his comprehensive industry knowledge.
In response to his new position, the CEO expressed enthusiasm about joining SimCorp during a critical phase of growth. He noted the current market environment marked by significant turbulence and emphasized the unique capability of SimCorp to support its clients in adapting and thriving as they evolve their businesses. The CEO also highlighted his admiration for the company’s values-driven culture and shared his eagerness to collaborate with the talented team at SimCorp to pursue growth objectives.
The Chair of SimCorp welcomed the new CEO, expressing confidence in his ability to advance the ambitious goals of the organization. With clients increasingly seeking SimCorp’s services and recognizing the competitive advantage provided by its platform, the new CEO’s extensive experience and deep understanding of the industry make him a well-suited leader for the organization’s future.
This leadership transition comes as the previous CEO prepares to retire after a lengthy 27-year tenure with the company. The succession plan has been anticipated and is seen as a natural progression for the organization.
As the company moves forward under new leadership, it remains focused on providing exceptional value to its clients, particularly in the current challenging market landscape. With a commitment to innovation and excellence, SimCorp aims to leverage its new CEO’s expertise to drive further growth and maintain its position as a leader in the financial services software industry.