Pioneer Investments Makes Swiss, Spanish Appointments

Rachel Walsh

28 January 2009

Swiss-based Pioneer Investments is making Reinhard Müller the head of its Swiss operation. In his new role, he will develop the position of Pioneer Investments’ wholesale, institutional and retail businesses in Switzerland. He will report to Dominik Kremer, chairman of the firm's administrative board.

Mr Müller joins from GAM Anlagefonds, where he was responsible for institutional investors in the German-speaking parts of Europe, in Italy and in the Middle East. Prior to that, he was engaged with the institutional business at Deutsche Asset Management in Zurich, in addition to having had several years of international experience at both Morgan Stanley’s in London and Oliver Wyman in New York.

Pioneer Investments has also made Almudena Mendaza a senior sales manager in its Spanish division.

In her new role, Ms Mendaza will be responsible for institutional clients and will report to Sophie del Campo, the country head for Spain and Portugal.

“ Spain is one of our top target markets in Europe and I see plenty of further opportunity for developing our presence and business in this region. Strengthening our sales team particularly on the institutional side is crucial for this development,” said Ms del Campo.

Before taking up this role, Ms Mendaza was institutional sales manager at BBVA Global Markets. Prior to that, she was with Credit Agricole Asset Management and Banco Espirito Santo.

Pioneer Investments has €153.49 billion of total assets under management as at the end of December 2008, of which institutional clients accounted for nearly €42.05 billion. With offices in 31 countries, the Group employs approximately 2,400 staff.