Roderick Munsters has joined Edmond de Rothschild Group, being named chief executive of the asset management business.
Munsters, who most recently was chief executive at Robeco, replaces Laurent Tignard at the Swiss asset manager, effective immediately.
Ariane de Rothschild, chair of Edmond de Rothschild’s executive committee, said she was “very pleased” to welcome Munsters to the CHF85bn (€78bn) asset manager.
“He will bring a wealth of experience, strong knowledge of international financial markets, entrepreneurial spirit and recognised ability to generate long-term performance,” she said.
“He has successfully run and grown large-size asset managers, empowering professionals in varying countries and with diverse backgrounds, with a strong focus on clients and portfolio performance.”
She also thanked Tignard for his work since joining the company from HSBC Global Asset Management in France three years ago.
On his appointment, Munsters said: “It is an honour to have the opportunity to take part in the group’s European and international development and to support the further growth of its reputation.”
He joined the largest Dutch pension manager in 2005 from PGGM, where he spent seven years as a member of the executive investment committee.