Legacy space specialist Catalina Holdings has announced the appointment of Phillipp Waldstein as group Chief Investment Officer.
Waldstein replaces Peter Harnik, who joined Catalina in 2011 and is now retiring.
He joins from MEAG, an asset manager for Munich Re, where he served as Chief Executive Officer.
Waldstein brings extensive experience of managing assets and investments of large reinsurance and insurance companies.
Prior to joining Munich Re, he served in a range of senior financial and leadership roles, most recently at UniCredit Milan.
Waldstein will now oversee Catalina’s group investment function, helping to manage the business’ assets across multiple geographies.
In particular, he will use his experience to strengthen Catalina’s investment expertise as the business transitions into its next phase of growth and strategic development.
“I am delighted to welcome Philipp to Catalina. He is a senior and strategically important hire for the business,” said Chris Fagan, Chief Executive of Catalina.
“He has far reaching experience as an investment manager and will strengthen our investment team while also supporting us through Catalina’s next phase of development.
“I would like to express my thanks to Peter Harnik for helping to establish Catalina’s investment management capabilities and for many years of very good investment returns. We wish him well in retirement.”
Commenting on his appointment, Waldstein said, “Catalina is an entrepreneurial yet established business and I am excited to embark on this new opportunity.
“I look forward to working with Chris and the investment team developing Catalina’s investment expertise, so that it can capitalise on the significant opportunities present in the legacy space.”
