Avaloq, a leader in wealth management technology and services, has appointed Dr. Heiko Beck to its Group Executive Board. As Managing Director for Region Europe, Dr. Heiko Beck will oversee Avaloq’s activities in Germany, the United Kingdom, Luxembourg and the rest of Europe. In this role, Dr. Heiko Beck will drive the acceleration of the digital transformation in the region by enhancing service delivery and expanding the Avaloq community, also supporting the development of the Avaloq offering globally.

Dr. Heiko Beck will join Avaloq’s Group Executive Board on 1 March 2025. Until June 2024, he served as CEO at Deutsche WertpapierService Bank (dwpbank), where he successfully introduced a client-centric approach to securities services while driving the operational and technological transformation of the business. Before joining dwpbank, Dr. Heiko Beck held various executive management positions at Union Investment, Commerzbank, DekaBank and Deutsche Börse Group.

Martin Greweldinger, Group Chief Executive Officer at Avaloq, said: “We are delighted to welcome Dr. Heiko Beck to our Group Executive Board. During his impressive career, spanning over 30 years, Dr. Heiko Beck has demonstrated a strong track record in successfully leading and delivering transformation projects. His notable expertise in navigating the complexities of the highly regulated finance sector, with a focus on promoting stability, growth and managing risk, will greatly benefit our clients in Europe, helping them to achieve their strategic goals.”

Dr. Heiko Beck, Managing Director for Region Europe at Avaloq, said: “This is an exciting time to join Avaloq as the digital transformation of Europe’s wealth management sector continues to gain momentum. I share Avaloq’s longstanding commitment to innovation and service quality – and I am eager to help banks and wealth managers achieve long-term growth and an enhanced client experience with the Avaloq Platform. As a member of Avaloq’s Group Executive Board, I look forward to working closely with financial institutions across Europe to scale their operations, enhance their operational resilience and deliver joint innovation projects that create exceptional value for their clients.”