The changes are part of a focus on KNEIP’s digital strategy, which Kneip will lead in his new position. He has also appointed Neil Ward, former global senior vice president of business operations at Skype, and a team of specialists, to help him.
Former chair, Marie-Jeanne Chèvremont, will remain on the board of directors, and will be a special advisor to the new chair.
Lee Godfrey (pictured, right) will take on the CEO position, taking responsibility for the day-to-day management of KNEIP. As CEO, he will also chair the management team.
Godfrey has been with KNEIP since 2008, when he joined as deputy CEO. He is credited with advancing product development and process implementation, and overseeing expansion of the firm.
Kneip said: “Our industry is undergoing momentous change. In accordance with its founding principle from 1993, KNEIP will continually evolve and develop to help clients be efficient and sustainable. Such evolution is vital in driving the sustainability of the asset management industry as a whole.”
He added: “Focus is essential for the development of KNEIP. As a result, I will concentrate specifically on our ‘accelerator’ division. It will be dedicated to digital strategy and transformation, delivering new products and solutions for financial markets in their need to master increasing regulatory and technical challenges.”
Godfrey commented: “I appreciate the trust Bob Kneip has demonstrated in me by appointing me as CEO of his company and I am very excited by the growth opportunities the company has. We are in a unique position to dramatically change the way our clients operate, and help them improve efficiency, reduce waste and increase transparency to the investors in their products.”
All of the new appointments were effective from 26 January.