New Leadership at SimCorp: Peter Sanderson Takes on CEO Role
Peter Sanderson has been appointed as the new Chief Executive Officer (CEO) of SimCorp, effective immediately. Sanderson, who has a distinguished professional background in investment management and financial services leadership, will be based in London. He succeeds Georg Hetrodt, who is retiring after 27 years with the company, effective at the end of the year.
Sanderson's career in the financial industry spans over four decades, refined through a series of senior roles. Before joining SimCorp, he served as Group Chief Executive Officer for GAM Investments from 2019 to 2024. During his tenure at GAM, Sanderson gained insights into SimCorp's software as a direct client, providing him with a strategic perspective on the platform's value.
Prior to GAM, Sanderson held senior positions at BlackRock Investment Management, where he served as Managing Director of Multi-Asset Investment Solutions, Financial Markets Advisory, and was a member of the European Executive Committee. His earlier experience includes roles at Mondrian Investment Partners and KPMG.
SimCorp's Chair, Christian Kromann, expressed confidence in Sanderson's ability to help propel SimCorp's ambitious objectives. Kromann stated, "Peter's depth of knowledge and leadership capabilities position him uniquely to guide SimCorp toward its ambitious goals." Sanderson, in turn, expressed excitement about joining SimCorp and working with the world-class team to achieve growth ambitions.
The retirement of Georg Hetrodt has been planned and anticipated by the organization. SimCorp's Board, leadership, and employees thanked Hetrodt for his many years of exceptional service. Clients are turning to SimCorp more than ever before, knowing its platform provides a real-time view of their entire portfolio.
For more information about SimCorp, please visit their website at www.simcorp.com.
Sources:
- SimCorp Announces Peter Sanderson as New CEO
- GAM Investments CEO Peter Sanderson to Join SimCorp
- Peter Sanderson's LinkedIn Profile
Sanderson's rich business background in financial services and investment management will be instrumental in steering SimCorp's objectives, as he assumes the role of CEO. His strategic insights into SimCorp's software, gained during his tenure at GAM Investments, will undoubtedly contribute to the company's growth.
