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Dr. Anke Sax. Credit: KGAL

KGAL strengthens management team with appointment of Dr. Anke Sax as COO/CTO

KGAL enhances focus on technology application and digital transformation – KGAL GmbH & Co. KG has announced the appointment of Dr. Anke Sax as Chief Operations Officer (COO) and Chief Technology Officer (CTO), with responsibility for the organisation and operations of the KGAL Group and the expansion of its digitalisation strategy.

Dr. Sax joins CEO Gert Waltenbauer, Chief Financial Officer Dr. Thomas Schröer, and Chief Investment Officer Dr. Klaus Wolf as a member of the KGAL management team.

Gert Waltenbauer, CEO of KGAL, commented: “Highly experienced, Dr. Sax brings a proven track record of success to this new role. Her appointment reflects the importance of technology and digitalisation within our wider corporate infrastructure. We believe strongly that focusing on and developing our capabilities in these areas will allow us to significantly strengthen our business further and help us meet our long-term goals.”

Dr. Anke Sax has more than 30 years’ experience in the financial sector, during which time she has been responsible for leading for the digital transformation of a number of prominent businesses. Most recently, she held the role of Chief Information Officer at Deutsche WertpapierService Bank AG (dwpbank) in Frankfurt, having previously been Chief Information Officer at Daimler Financial Services in Stuttgart. She also held the role of CIO Commercial Banking at Commerzbank, where she was responsible for designing and optimising IT systems for payment transactions, financing and data management across the company’s private and corporate customer businesses.

A business administration graduate, Dr. Sax completed a Doctorate in IT strategy at the Technical University of Munich. She was named CIO of the Year (SMEs) in 2019 and European Digital Leader of the Year (Finance) in 2020.