Munich Re has hired Alex Francois as its new head of business development for its savings and investment business in Australia and New Zealand.
Based in Sydney, Mr Francois will be held responsible for the market exploration and regional development of the new investment businesses, and extending the global scope of savings and investment portfolios – in terms of geography, platform structure and client base.
In the new role, he will also be bringing reinsurance capabilities to insurance and superannuation clients in the Australian and New Zealand markets.
Moritz Seibert, managing director, investment management, Munich Re Financial Solutions said introducing the savings and investments business to the region, alongside its long-standing presence in other reinsurance business lines is an exciting step for the group.
“We are privileged to have Alex on board from the start of this journey, benefiting from his leadership, experience and deep market knowledge,” Mr Sebert said.
The Financial Solutions business is responsible for the reinsurance of savings and investment products, serving Munich Re’s clients through the co-development reinsurance of new products and the risk management of existing product portfolios.
Mr Francois has joined Munich Re having worked for more than 25 years in sales and distribution across institutional and wholesale markets.
He was most recently with Deutsche Bank’s asset management arm DWS, where he focused on DWS’ public markets capabilities, including equities and multi-asset.
Previously, Mr Francois held senior positions at William Blair Investment Management, Provident Capital, Principal Global Investors Australia, Schroders and ING New Zealand.
Sarah Simpkins is a journalist at Momentum Media, reporting primarily on banking, financial services and wealth.
Prior to joining the team in 2018, Sarah worked in trade media and produced stories for a current affairs program on community radio.
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