Germany’s Universal Investment names John Burns as new group CTO

Universal Investment Group, a Frankfurt-based investment services platform, has appointed industry veteran John Burns as its Group CTO and newest executive board member, effective June 1.

In this newly created role, Burns will oversee all aspects of technology, focusing on the strategic direction and enhancement of the company’s IT platforms to support continued growth and client-driven solutions.

Before joining Universal Investment, Burns spent over seven years as the global head of technology and operations at DWS Group, an investment firm also headquartered in Frankfurt. Prior to that, he had a 17-year tenure at European asset manager Amundi, formerly Pioneer Investments, where he advanced to the position of global CTO.

Founded in 1968, Universal Investment offers a variety of investment solutions, including risk management services and tailored structuring options, and claims to administer over €1 trillion in assets.

Francesca McDonagh, the group’s recently appointed CEO, remarked, “With John on board, we are well-positioned to drive technological innovation and scale as we continue to pursue sustainable growth for both our company and our valued clients.”

Source: fintechfutures.com

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