News & Insights

News | Company

26/01/2021

KGAL strengthens management team with appointment of Dr. Anke Sax as COO/CTO

KGAL Dr. Anke Sax

KGAL enhances focus on technology application and digital transformation – KGAL GmbH & Co. KG has announced the appointment of Dr. Anke Sax as Chief Operations Officer (COO) and Chief Technology Officer (CTO), with responsibility for the organisation and operations of the KGAL Group and the expansion of its digitalisation strategy. Dr. Sax joins CEO Gert Waltenbauer, Chief Financial Officer Dr. Thomas Schröer, and Chief Investment Officer Dr. Klaus Wolf as a member of the KGAL management team.

Gert Waltenbauer, CEO of KGAL, commented: “Highly experienced, Dr. Sax brings a proven track record of success to this new role. Her appointment reflects the importance of technology and digitalisation within our wider corporate infrastructure. We believe strongly that focusing on and developing our capabilities in these areas will allow us to significantly strengthen our business further and help us meet our long-term goals.”

Dr. Anke Sax has more than 30 years’ experience in the financial sector, during which time she has been responsible for leading for the digital transformation of a number of prominent businesses. Most recently, she held the role of Chief Information Officer at Deutsche WertpapierService Bank AG (dwpbank) in Frankfurt, having previously been Chief Information Officer at Daimler Financial Services in Stuttgart. She also held the role of CIO Commercial Banking at Commerzbank, where she was responsible for designing and optimising IT systems for payment transactions, financing and data management across the company’s private and corporate customer businesses.

A business administration graduate, Dr. Sax completed a Doctorate in IT strategy at the Technical University of Munich. She was named CIO of the Year (SMEs) in 2019 and European Digital Leader of the Year (Finance) in 2020.

Country Inquiry

Please authorize yourself to gain access to the funds relevant to you.

Are you a Qualified Purchaser under the Investment Company Act of 1940?

You are a Qualified Purchaser if you qualify as one of the following:

You are a partnership, a corporation, a limited liability company or another entity (other than trusts) and

this partnership, corporation, limited liability company or other entity owns at least $5 million in Investments and is owned directly or indirectly by two or more natural persons who are related as siblings or spouses (including former spouses), or direct descendants by birth or adoption, spouses of such persons, the estates of such persons, or foundations, charitable organizations, or trusts established by or for the benefit of such persons; or
you acting for your own account or the accounts of other “qualified purchasers” and own and invest in the aggregate at least $25 million in Investments; or
your beneficial owners are “Qualified Purchasers”; or
you are a qualified institutional buyer, meeting the requirements of Rule 2a51-1(g) promulgated under the Investment Company Act of 1940, who has at least $25 million in discretionary Investments

You are a trust and

the trust owns at least $5 million in Investments and the trust is owned directly or indirectly by two or more natural persons who are related as siblings or spouses (including former spouses), or direct descendants by birth or adoption, spouses of such persons, the estates of such persons, or foundations, charitable organizations, or trusts established by or for the benefit of such persons; or
trust was not formed for the purpose of acquiring the limited partnership interests of any fund mentioned on this website and the trustee or other person authorized to make decisions with respect to the trust, and each settlor or other person who has contributed assets to the trust, is a person described in a. or b. (i) above or in b. (iii) or c. below; or
you are acting for your own account or the accounts of other “Qualified Purchasers” and own and invest in the aggregate at least $25 million in Investments.

You are a natural person and

you act for your own account and own at least $5 million in Investments (including joint Investments with your spouse) or
you act for your own account or for the accounts of other “Qualified Purchasers” and own and invest in the aggregate at least $25 million in Investments.