SimCorp CEO Christian Kromann appointed to lead IMS for Deutsche Börse AG
Frankfurt, Copenhagen, Dec. 5, 2024. Earlier today Deutsche Börse AG’s Supervisory Board has appointed SimCorp CEO Christian Kromann to the Executive Board of Deutsche Börse AG where he will oversee the Investment Management Solutions (IMS) division, effective January 1, 2025.
Investment Management Solutions is comprised of two businesses, SimCorp and ISS STOXX. It is Deutsche Börse Group’s offering for end-to-end investment solutions and high-quality data, addressing the evolving needs of the buy-side.
“Christian is perfectly positioned to lead Deutsche Börse’s Investment Management Solutions division, which is a cornerstone of our Horizon 2026 strategy,” Stephan Leithner, Co-CEO Deutsche Börse said. “As CEO of SimCorp focused on delivering the financial software, solutions and services the industry needs, Christian has also consistently demonstrated the ability to navigate complexity, deliver on commitments and drive change through his authentic leadership and deep understanding of the growing pressures of the buy-side."
Kromann joined SimCorp in 2019 and was appointed CEO in 2021. His tenure includes the new ownership agreement with Deutsche Börse Group; a strategic merger with Axioma; the release of the SimCorp One platform; and a strategic push into the North American investment management market to complement the company’s wide footprint across Europe, Asia Pacific and the Middle East and Africa. The company has doubled its size in the past five years.
“I am extremely grateful for the career I've enjoyed at SimCorp for the past five years, and I am not going far," said Christian Kromann. "Joining Deutsche Börse’s Executive Board and taking on the leadership of the Investment Management Solutions division means I can stay close to the trajectory of SimCorp, while also representing the company at Deutsche Börse’s executive level. I am honored to be appointed to lead IMS and help drive further growth of IMS as part of Deutsche Börse.”
SimCorp veteran and Chief Operating Officer Georg Hetrodt will assume Kromann’s current responsibilities as CEO. Hetrodt has held several senior leadership positions over his 25+ year career with SimCorp and will continue to drive SimCorp’s journey. His extensive experience ensures continuity of leadership and strategy for the company.
About SimCorp
SimCorp is a provider of industry-leading integrated investment management solutions for the global buy side.
Founded in 1971, with more than 3,000 employees across five continents, SimCorp is a truly global technology leader that empowers more than half of the world’s top 100 financial companies through its integrated platform, services, and partner ecosystem.
SimCorp is a subsidiary of Deutsche Börse Group. As of 2024, SimCorp includes Axioma, the leading provider of risk and management and portfolio optimization solutions for the global buy side.
For more information, see www.simcorp.com.
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