Universal-Investment appoints new head of innovation management
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Universal-Investment appoints new head of innovation management 12 June 2019Frankfurt Reporter: Jenna Lomax
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Universal-Investment has appointed Daniel Andemeskel as head of innovation management.
In this newly created role, Andemeskel will be responsible for innovation agenda, the development of new business models and the service quality for Universal-Investment customers.
Andemeskel will also monitor and evaluate the status quo in the asset management industry and identify new trends, manage specific innovation projects and develop and maintain relationships with the fintech and regtech industries.
Based in Frankfurt, Andemeskel will report directly to CEO Michael Reinhard.
He will work closely with the recently appointed head of digital transformation, Christian Reitz, and head of emerging technology, Mario Röcher, who are both responsible for technical and operational evaluation and implementation.
Previously, Andemeskel served at AXA Investment Managers, Paris as head of innovation management and strategic initiatives.
Michael Reinhard, CEO of Universal-Investment, commented: "I am looking forward to Daniel Andemeskel’s expertise in the field of innovation management and respective strategic programmes. It is precisely these skills that Universal-Investment needs to achieve our goals and remain one of the innovation drivers in the fund industry.”
Commenting on his new role, Andemeskel said: "The path Universal-Investment has taken over the past twelve years has impressed me. It will be even more exciting to follow the direction we are now taking and to shape it substantially. I am therefore thrilled to contribute to making the company more innovative and international and to set new standards in the fund industry.”
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