SimCorp, a subsidiary of Deutsche Börse AG, today announced the appointment of Peter Sanderson as its Chief Executive Officer.

The appointment is effective immediately.

Sanderson brings extensive and diverse expertise to SimCorp. As Group Chief Executive Officer for GAM Investments from 2019 to 2024, he gained firsthand insights into SimCorp’s software as a direct client, enhancing his understanding of the platform’s strategic value.

Prior to that, his decade-long tenure at BlackRock Investment Management saw him excel in senior positions, including Managing Director of Multi-Asset Investment Solutions, Financial Markets Advisory, and as a member of the European Executive Committee, where he shaped critical initiatives across diverse financial sectors. His earlier experience at Mondrian Investment Partners and KPMG further reinforced his comprehensive industry acumen.

“I am very excited to join SimCorp at this crucial juncture in the company’s growth,” said Sanderson. “During periods of unprecedented market turbulence, we are uniquely positioned to help our clients adapt and grow while they continue to evolve their business. I am also impressed by the unique, values-based culture that SimCorp has established and look forward to working with this world-class team on achieving our growth ambitions.”

“We are very pleased to welcome Peter to SimCorp, and we are confident he will help propel our ambitious objectives,” said SimCorp Chair Christian Kromann. “Clients are turning to SimCorp more than ever before, knowing our platform gives them the competitive advantage of seeing a real-time view of their entire portfolio. With Peter’s experience, deep knowledge of our industry and track record for growth, we know that he is the right next leader for SimCorp.”

Sanderson will replace Georg Hetrodt as CEO, who retires after 27 years with the company at year-end. Hetrodt’s retirement has been planned and anticipated by the organization.