Sal.Oppenheim appoints CIO leadership

Cologne based Sal. Oppenheim has announced the appointment of investment strategist Lars Edler and portfolio manager Frank Kosiolek (pictured) to jointly take over the position of Chief Investment Officer as of 1 April.

As co-CIO and head of Investment Strategy, Edler will be in charge of tactical investment decisions in the institutional asset- and private wealth management.

Edler has been with Sal. Oppenheim since 2007, having previously worked as portfolio manager of balanced and multi-asset funds. Edler has been head of Investment Strategy since 2013.

Kosiolek will be co-CIO and head of Portfolio Management, in his role, he will be responsible for investment decisions on the portfolio level for institutional asset- and private wealth management. He has been with Sal Oppenheim since 1994, having worked among others in the development of Long/ Short Portfolios and Total Return Products.

Since 2013, he has been in charge of the entire Portfolio Management division, including investment processes in equities, bonds, currencies as well as fund selection and strategic asset allocation.

The team replaces current CIO Wolfgang Leoni, who remains with the group and will now focus on his position of chairman of the board, which he holds since three years.

ABOUT THE AUTHOR
Mona Dohle
Mona Dohle speaks German and Dutch, she is DACH & Benelux Correspondent for InvestmentEurope. Prior to that, she worked as a journalist in Egypt and Palestine. She started her career as a journalist working for a local German newspaper. Mona graduated with an MSc in Development Studies from SOAS and has completed the CISI Certificate in International Wealth and Investment Management.

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