SWITZERLAND - Michael Frei, investment controller at Swiss pension consultant Complementa Investment-Controlling, is to leave the company on December 20, it was confirmed.

Frei told IPE that he will be joining OLZ, a Swiss asset and liability management company. He will help set up their new office in Zurich.

"I wanted to take on the challenge I have been offered to work in a young, growing company," Frei said. OLZ was set up around six years ago and will also be looking into serving the Liechtenstein market.

Frei also said he is looking forward to taking on management responsibilities in his new position.

At Complementa, Frei's responsibilities will be delegated among the remaining controllers. "Details of the new responsibilities will be announced in the coming weeks," a spokeswoman said.