TMCnet News
Arabesque's Anja Mikus Announced as Interim CEO of German Government's EUR 23.6 Billion Nuclear Phase-out FundArabesque has announced that its CIO, Anja Mikus, has been seconded for six months to become the interim CEO and CIO of the German government's EUR 23.6 billion nuclear phase-out fund, subject to approval by EU authorities. The German federal parliament approved a bill on 15th December 2016 to transfer liabilities for storing nuclear waste to the state, marking a significant step for Germany's journey towards clean energy. Anja Mikus joined Arabesque in 2014, where she has overseen investment products and processes alongside leading the firm's growth strategy. In a distinguished 25-year career with some of Europe's largest asset managers, Mikus has achieved an exceptional and consistent track record resulting in numerous awards both individually, and for the funds and companies under her leadership. Most recently she served as the CIO for Union Investment with more than $250bn assets under management. Speaking on today's announcement, Omar Selim, CEO of Arabesque, said: "We are delighted for Anja Mikus in her secondment to lead the German government's nuclear phase-out fund, and it is a privilege for Arabesque to support in this way. We wish her every success as she embarks on what is an important project for Germany's transition to clean energy." Ends About Arabesque Arabesque is a specialist ESG Quant fund manager that uses self-learning quantitative models and big data to assess the performance and sustainability of globally listed companies. Its investment technology processes over 100 billion data points to select an investment universe of equities, integrating environmental, social, and governance (ESG) information with quantitative strategies. Arabesque was launched in 2013 following a management buyout from Barclays Bank PLC, and was built in cooperation with professors from the universities of Stanford, Cambridge, Oxford, Maastricht, and the German Fraunhofer (News - Alert) Society, in support of the United Nations Global Compact. Arabesque Asset Management Ltd is a limited liability company registered in England and Wales (no. 08636689) with its registered office at 68 Brook Street, London W1K 5DZ, authorized and regulated by the FCA (no. 610729) and registered as an investment adviser with the SEC (News - Alert) (#801-107600). Arabesque (Deutschland) GmbH is a limited liability company organized under the laws of Germany, registered with the commercial register of the local court of Frankfurt am Main (HRB no. 97525), and having its seat and business address at Zeppelinallee 15, 60325 Frankfurt am Main, Germany.
View source version on businesswire.com: http://www.businesswire.com/news/home/20170515005604/en/ |
