“We would like to thank Martin Brühl for his commitment and his contributions to the development of our company’s investment management over the past twelve years. He has made a significant contribution to the further development and positioning of our real estate fund business,” says André Haagmann, Chairman of the Supervisory Board. “We respect his decision and wish him every success in his future professional and personal endeavors.”
Martin Brühl commented on his departure: “I look back with gratitude on an exciting time at Union Investment and greatly appreciated the cooperation with my colleagues. I wish the company continued success for the future.”
Henrike Waldburg, who has extensive experience in this area, will take over the role of Chief Investment Officer on an interim basis, having headed the Investment Management Global department and the Investment Management Institutional division prior to her appointment to the Management Board. Waldburg has been with Union Investment since 2006 and is currently responsible for Asset Management on the Management Board of Union Investment Real Estate GmbH. There she is responsible for portfolio and letting management, real estate project management and the process of decarbonization and sustainable transformation of Union Investment’s real estate portfolio.
A decision on the replacement for the position of Chief Investment Officer will be made at a later date. The other positions on the Management Board will remain unchanged.