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SimCorp appoints new CEO

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Christian Kromann is to succeed Klaus Holse as Chief Executive Officer of SimCorp, effective 2 September, 2021. Kromann has served as SimCorp Chief Operating Officer and member of the Executive Management Board since August 2019. 

Chairman of the Board of Directors Peter Schütze comments: “We are delighted to appoint Christian as our Chief Executive Officer.

The Board has followed Christian’s performance as COO for the past two years and we are pleased to have a strong and competent internal successor to take over the leadership of the company after Klaus Holse.

“Christian is an accomplished and respected leader with an impressive background from our sector, and his dedication to execution and strong client focus is what is needed to drive SimCorp’s success in the future.

“In addition, we are very happy that Klaus Holse has agreed to stay on as a member of the Executive Management Board for the rest of the year and then as Senior Advisor until the end of Q2 2022 to ensure a smooth transition. At this time, the Board and I would also like to extend our thanks and sincere gratitude for the immense contribution Klaus Holse has made to SimCorp. In his nine-year tenure, we have seen tremendous growth and significant value creation for our shareholders, and Klaus has been instrumental for initiating the ongoing transformation.”  
Holse says: “I am incredibly proud of what the team across the world has achieved during the nine years I have had the privilege to lead the company.

“This is a good time for me personally, as well as for the business, to pass the baton and I can’t think of a better successor than Christian.
I am confident that he will be the right leader for the team to continue the journey that has made SimCorp a global leader.” 
Kromann says “I am deeply honoured to assume this responsibility after Klaus. I’m taking over an extremely strong company and I look forward to leading our dedicated employees and accelerate our transformation journey from a software to a technology-enabled service company, strengthening the value we deliver to our clients as well as our shareholders”.  

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