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SimCorp Welcomes Peter Sanderson as CEO

In a strategic decision aimed at bolstering its leadership, SimCorp, a prominent firm in financial technology and a subsidiary of Deutsche Börse AG, has announced the appointment of Peter Sanderson as Chief Executive Officer, effective immediately. This transition comes at a pivotal moment for the company as it continues to expand its global footprint in the financial services sector.

Extensive Experience in Financial Sector

Peter Sanderson brings to SimCorp a wealth of experience, having held significant leadership roles across various notable financial institutions. His tenure at GAM Investments from 2019 to 2024 as the Group CEO provided him with first-hand experience utilizing SimCorp's software, thus enhancing his strategic insight into the company's offerings. This previous relationship with the firm's products allows him to advocate effectively for clients and align the company's solutions with evolving market needs.

Prior to his role at GAM Investments, Sanderson spent an impressive decade at BlackRock Investment Management, where he was a key player in multiple leadership initiatives. As a Managing Director specializing in Multi-Asset Investment Solutions, he was involved in the European Executive Committee, directing several critical initiatives that shaped the firm’s investment strategies. His previous experiences at Mondrian Investment Partners and KPMG have further enriched his expertise, enabling him to navigate challenges that financial services face with a holistic understanding of the market.

A Vision for Growth Amidst Challenges

“Joining SimCorp during this pivotal growth phase is immensely exciting for me,” Sanderson said, reflecting on his new role. He expressed confidence in SimCorp's ability to assist clients during unprecedented market volatility while also fostering innovation. Sanderson is particularly drawn to SimCorp’s unique values-driven culture and sees great potential for collaboration with the skilled team at the firm to achieve their mutual ambitions for growth.

Christian Kromann, the Chairperson of SimCorp, expressed enthusiasm about Sanderson's appointment. “We are thrilled to welcome Peter to our team, confident that he will help propel our ambitious goals forward. Now more than ever, clients are relying on SimCorp for real-time insights into their portfolios to maintain a competitive edge in a fluctuating market.” Kromann highlighted Sanderson's proven track record of success as a valuable asset that aligns perfectly with SimCorp’s strategic direction.

Transitioning Towards Future Ambitions

Sanderson replaces Georg Hetrodt, who is set to retire after dedicating 27 years to SimCorp. The Board has been preparing for this transition, ensuring a seamless handover. Kromann utilized this opportunity to acknowledge Hetrodt’s immense contributions to the company, wishing him well in his future endeavors.

As SimCorp moves forward, Sanderson’s extensive knowledge and forward-thinking approach position him as an ideal leader to embrace the opportunities and challenges that lie ahead. The organization prides itself on being at the forefront of investment management solutions globally, with plans to enrich its impact further through innovative technologies and improved client services.

About SimCorp

Founded in 1971, SimCorp is a leading provider of integrated investment management solutions for global enterprises. With a workforce of over 3,500 employees across five continents, SimCorp serves more than half of the world’s top 100 financial companies through its comprehensive platform, services, and partner ecosystem. Furthermore, in 2024, SimCorp will expand its services with the inclusion of Axioma, a leader in risk management and portfolio optimization solutions for the global investment sector. For additional details, visit SimCorp's website.