Scalable Capital hires new CIO from Allianz Global Investors

By Daniel Lanyon on Friday 8 December 2017

Savings and Investment

The Digital Wealth Manager has hired a new specialist to expand its quantitative approach

 
 

Scalable Capital has expanded its management team appointing Thiemo Krink as Chief Investment Officer (CIO).

Krink (pictured below), who has a background in computer scientist, most recently worked at Allianz Global Investors where he was the European Head of Portfolio Risk and most recently worked as a portfolio manager for multi-asset, alternative and insurance strategies. 

Prior to joining Allianz SE, he was an Associate Professor of Computer Science at Aarhus University in Denmark.

“Thiemo Krink’s profile is a perfect match to what we were looking for. He brings with him a wealth of experience in investment and risk management, a technical and interdisciplinary background as well as a real passion for software development, all of which will help us to further accelerate our growth in the fast-paced financial technology sector”, said Adam French, co-founder and CEO of Scalable Capital.

Krink will continue developing Scalable Capital’s quantitative and algorithm-based investment approach with the firm’s co-founder Professor Stefan Mittnik, the brain behind its proprietary risk management technology.

Scalable Capital has developed an investment solution which gives private investors access to an excellent risk management technology. This type of solution was previously only available to a few large institutional investors. That impressed me. I look forward to working with the team and, in particular, to applying my knowledge of machine learning”, said Thiemo Krink.

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