German-based index provider Solactive has appointed Timo Pfeiffer (pictured) to its management board as the newly created role of chief markets officer.

Pfeiffer’s role assumes responsibility for the company’s client-facing activities, research function, wider distribution and communications strategy.

In 2017, Pfeiffer joined Solactive as head of research and business development having previously held management roles at Deutsche Bank in its London and Frankfurt offices.

Solactive has partnered with a range of ETF issuers in the last two years such as Australia's BetaShares, Russia's FinEx ETF and crypto ETP provider Amun.

Solactive COO steps down

Pfeiffer commented: “I am very excited to take on this extended role at Solactive and I look forward to building the business with our clients and the Solactive team.

“As asset owners, asset managers, and structured product providers continue to adapt to the changing nature of the industry and demands for their clients, we are there to support them with innovation and individualized solutions.”

Pfeifer’s appointment is effective on 1 November, joining Solactive’s management board with CEO Steffen Scheuble, CIO Dirk Urmoneit and CRO Christian Vollmuth.