Swiss sustainable investment specialist RobecoSAM has appointed Aris Prepoudis as its new CEO, replacing Reto Schwager who headed the company on an interim basis since August 2016.

Prepoudis will assume the new role on 1 January 2017, subject to approval from FINMA.

Prepoudis joins RobecoSAM from Vescore (formerly Notenstein Asset Management), where he served as the CEO.

Previously, he served as head of the institutional client business unit at Notenstein Privatbank, with responsibility for heading the consolidation of asset management activities of Raiffeisen Switzerland into Notenstein Asset Management.

He previously also held various senior roles at Bank Sarasin & Cie including global head of institutional clients, as well as worked at STG Cooper & Lybrand (now PwC), and as an audit manager for Swiss Mutual Funds and Banks at ATAG Ernst & Young.

RobecoSAM chairman of the board of directors Albert Gnagi said: “Prepoudis brings to the company the ideal set of skills, an entrepreneurial mindset and a passion for Sustainability Investing. These qualities will be instrumental for continuing innovation and fostering profitable growth opportunities at RobecoSAM.

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“The board of directors would also like to thank Reto Schwager for his commitment as RobecoSAM’s CEO ad interim, and for providing consistent leadership during the transition.”

Schwager will continue to serve as global head of private equity and as a member of the executive committee.