AXA Investment Managers - Real Assets (AXA IMRA) has appointed Frederick Widl as country head, Switzerland, effective February 2019.
AXA IMRA has also announced that Ernst Schaufelberger, the current Swiss country head will retire at the end of January 2019.
'While Switzerland is a very significant market for AXA IMRA, being our second largest market by assets under management, it is also a market where we believe there are further opportunities to continue to grow, innovate and develop,' said Andrew Stainer, global head of asset management & development at AXA IMRA.
'I am therefore very pleased about the promotion of Frederick to head up the Swiss team and I have every confidence that, under his leadership, we will be able to achieve our ambitions and continue to play a leading role in the Swiss real estate market for the benefit of our clients.'
Widl has over 12 years’ experience in real estate investment and asset management and joined AXA IMRA in 2011 as a development project manager, before being promoted to head of transactions in Switzerland in 2013.
In his future role as country head of Switzerland, Widl will oversee all asset management and development activities in the country and be responsible for managing the Swiss team.
Prior to AXA IMRA, Frederick worked as development manager real estate CEE, at Strabag Real Estate, a leading real estate development company.
Switzerland is AXA IMRA's second largest country by asset value, with over €13 bn (CHF 15 bn) of assets under management on behalf of clients.
