Union Investment member of BoD leaves for Quoniam
Nikolaus Sillem (picture above) is leaving Union Investment Institutional GmbH after having served for many years as a member of its Board of Managing Directors, a role in which he was responsible for the entire institutional and international business of the Union Investment Group.
With effect from 1 July 2019, he will become CEO of Quoniam Asset Management GmbH, a company that is also part of the Union Investment Group. André Haagmann, who is already on the Board of Managing Directors of Union Investment Institutional GmbH, will take over responsibility for the institutional segment of the Union Investment Group.
In his role on the Board of Managing Directors of Union Investment Institutional GmbH, Sillem has been in charge of the entire institutional and international business of the Union Investment Group since 2003. During this time, he played a crucial part in the reorganisation and upturn of the institutional business of Union Investment and the profitable growth of this segment. Under his leadership, assets under management rose from €38bn to the current volume of around €200bn, an increase of more than 500%.
Haagmann has been working for the Union Investment Group since 2006. After nine years heading up Corporate Development, he joined the Board of Managing Directors of Union Investment Institutional GmbH in January 2015. As head of Central International Account Management, he is currently responsible for building and managing relationships with German and international institutional clients outside the cooperative financial network. These clients include institutions such as insurance companies, pension providers, pension funds, large corporations and family offices. He is also responsible for managing relationships with investment consultants and rating agencies in Germany and abroad. Before joining the Union Investment Group, Haagmann spent six years working as a consultant for Oliver Wyman. Haagmann originally trained as a banker at Dresdner Bank, before going on to study business administration in Münster and Los Angeles.
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