Michael Baldinger has been named chief executive of Zurich-based sustainable investment firm SAM – with a brief to explore closer collaboration between the firm and its parent Robeco, the Dutch asset manager.
Baldinger will take over the role vacated by former CEO Sander van Eijkern, who quit in February after a disagreement over strategy.
Baldinger and Chief Investment Officer Stephanie Feigt had been picking up van Eijkern’s responsibilities.
The company said in a statement that Baldinger, 43, will step up from his current role as Head of Global Clients & Marketing in the New Year. He will be tasked to “explore additional collaboration potential in SAM and Robeco’s activities” the firm added.
This follows the annoucement in September thatSAM and Robeco would be “optimizing” their organizational and legal structure in Switzerland – with joint sales for the two firms coming under Baldinger. Robeco CEO Roderick Munsters said in an interview with Responsible-Investor.com in October that he saw SAM as a “centre of expertise” on environmental, social and governance (ESG) factors within the group.
SAM said Baldinger’s global experience and “clear focus” on institutional clients will be a major step forward for the firm. SAM has €11.2bn in assets under management.
Baldinger joined SAM in mid-2009 after joining from Credit Suisse where he was Head of Distribution Americas at Credit Suisse Asset Management (New York). He will retain the marketing and client role until a successor is appointed.