All media enquires relating to Asset Management.
Press release
LGIM appoints Olaf John as European Client Solutions Director
Appointment underscores growing demand for Solutions offering across the region.
8 May 2024
Full press release
Legal & General Investment Management (LGIM), one of the world’s largest asset managers1 and one of the largest pension fund managers in the UK2, continues to grow its international footprint by appointing Olaf John as European Client Solutions Director, as of 2 May 2024.
Based in the firm’s Frankfurt office, Olaf will collaborate with the LGIM’s existing Solutions and client teams in Europe to support business growth in strategically important markets across Europe. This new role was created in response to increased demand for solutions such as Liability Driven Investments (LDI). Olaf will report to Volker Kurr, LGIM’s Head of Europe, Institutional.
Olaf brings extensive experience spanning over 25 years in asset management. Most recently, he served as Partner and Commercial Leader of Investment Solutions, as well as Branch Manager of the German division at Mercer Global Investments Europe Ltd. Prior to this, he was Head of Business Development, Europe at Insight Investment, where he played a pivotal role in developing and managing the firm’s offerings into Europe. Olaf, Actuary (Aktuar DAV) since 1996, currently serves on the investment committee of the German pension industry association aba, the asset management section of the German treasury association VDT e.V., and a number of other industry working groups.
Sarah Aitken, Head of Distribution at LGIM: "I am delighted that Olaf is joining our team and very much look forward to working with him again to grow our business in Europe further. Olaf is a renowned expert in his field with outstanding client skills and investment credentials.”
This expansion of LGIM’s institutional team in Frankfurt is part of the firm’s ambitious growth strategy, aimed at expanding its presence in Europe and internationally.
Olaf John, European Client Solutions Director at LGIM: "As a pioneer in the UK liability-driven investment market, LGIM’s commitment to innovation has been setting industry standards for many years and demonstrates dedication to client service excellence. I am very much looking forward to join LGIM's renowned European Solutions team, especially at this point in time which I believe is ideal for de-risking and outsourcing solutions.”
References
1Assets under management of £1,159.2bn. Source: LGIM internal data as at 31 December 2023. The AUM disclosed aggregates the assets managed by LGIM in the UK, LGIMA in the US and LGIM Asia in Hong Kong. The AUM includes the value of securities and derivatives positions.
2Source: IPE Research 2022, by AUM.
3LGIM was the first investment manager to implement a true LDI mandate for a UK pension scheme using bonds and swaps in 2001. Source: LGIM.
Further Information
