A new management structure for successful growth
responsAbility will enter 2016 with an extended Executive Management
Zurich, 17 December 2015 – responsAbility Investments AG is adapting its management structure in preparation for 2016. The Swiss asset manager that specializes in the field of development investments will – under the leadership of the new CEO Rochus Mommartz – extend its Executive Management with the appointment of two new members representing the areas of Equity Investments and Regions & Operations.
The new management structure will take effect on 1 January 2016 – the date on which Klaus Tischhauser will hand over the CEO function to Rochus Mommartz.
Karin Schoch, who has served as Head Human Resources at responsAbility since May 2014, will assume the post of Head Regions & Operations and become a member of the Executive Management on 1 January 2016. In this newly created management role, she will primarily be responsible for overseeing responsAbility’s regional offices, which have grown significantly in recent years.
On 1 March 2016, Philipp Cottier will join responsAbility as Head Equity Investments and a member of the Executive Management. Philipp Cottier is a financial specialist and private investor who brings with him many years of experience in the field of sustainable investments. He will take over most of Rochus Mommartz’s current responsibilities to allow him to focus on the overall management of the company in his role as CEO.
Klaus Tischhauser and Christian Speckhardt will both continue to serve as members of the Executive Management. In his role as Head Debt Financing, Christian Speckhardt will continue to be responsible for debt financing in all sectors, while Klaus Tischhauser will oversee investor-focused areas of the business in his capacity as Head Investment Solutions & Sales until he leaves responsAbility in mid-2016, as planned. Klaus Tischhauser’s successor has not yet been appointed.
Rochus Mommartz, designated CEO of responsAbility, explained the new structure as follows:
“responsAbility has grown rapidly in recent years. By strengthening our Executive Management, we are responding to the increasing complexity of our activities and are positioning our company for further successful growth.”
More than half of the 204 employees who work for responsAbility are based in regional offices and the asset manager’s range of investments has now expanded from the core sector of microfinance to include the areas of sustainable agriculture and energy. responsAbility’s client base has also changed, with institutional investors now accounting for 40% of its assets under management. Clients in developing countries and emerging economies are increasingly seeking equity financing. responsAbility meets all of these needs by continuously developing new investment and financing products.
responsAbility Investments AG
Ulli Janett, Media Relations
Telephone: +41 44 250 67 15
e-mail: ulli.janett [at] responsAbility.com
About responsAbility Investments AG
responsAbility Investments AG is one of the world’s leading asset managers in the field of development investments and offers professionally managed investment solutions to both private and institutional investors. The company supplies debt and equity financing to non-listed firms in emerging economies and developing countries.
responsAbility currently has around USD 3 billion of assets under management invested in over 500 companies in 93 countries. Founded in 2003, the company is headquartered in Zurich and has local offices in Bangkok, Geneva, Hong Kong, Lima, Luxembourg, Mumbai, Nairobi, Oslo and Paris. Its shareholders include a number of reputable institutions in the Swiss financial market and its own employees. responsAbility is regulated by the Swiss Financial Market Supervisory Authority FINMA. All changes are subject to FINMA approval.