Universal Investment Group, a Frankfurt-based fund services platform and super manco, has announced the appointment of John Burns as group chief technology officer and executive board member, effective 1 June 2024. Burns will manage all technological aspects, directing the strategic development and improvement of the group’s IT platforms to support ongoing growth and client-centric solutions.

With nearly 30 years of experience in digital innovation and integrated technology, Burns is recognised for his strategic leadership within the fund industry. Before joining Universal Investment, he was global head of technology and operations at DWS Group.

Earlier, the group expanded by the grand duchy’s European Fund Administration in 2022 and Etienne Rougier as Luxembourg country head in October 2023.

In a press release on Tuesday 28 May, Francesca McDonagh, CEO of Universal Investment Group, highlighted Burns’ extensive experience and strategic skills. McDonagh said, “With John on board, we are well-positioned to drive technological innovation and scale as we continue to pursue sustainable growth for both our company and our valued clients.”

Burns expressed his enthusiasm for joining Universal Investment Group, noting the company’s commitment to enhancing its future-proof platform. He eagerly anticipates collaborating with the executive board and skilled technology teams across the group to capitalise on this momentum. Burns stated, “As technology continues to reshape the fund industry with transformative possibilities, I am excited about the opportunity to unlock this potential together with my new colleagues, with the goal of accelerating innovation and delivering value to our clients.”

Universal Investment Group has over 500 employees across its two locations in Luxembourg and Grevenmacher.