Scalable Capital, a digital investment service with offices in Munich and London, has appointed Thiemo Krink as its new CIO.

As CIO, Krink will be responsible for refining Scalable Capital’s quantitative and algorithm-based investment approach. To this end, he will work with the firm’s co-founder and scientific adviser Stefan Mittnik.

Krink most recently worked as the portfolio manager for multi-asset, alternative and insurance strategies at Allianz Global Investors.

Before joining Allianz, where he has been working since 2006, he was associate professor of computer science at Aarhus University in Denmark.

Scalable Capital co-founder and CEO Adam French said: “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.”