The Edmond de Rothschild Group appointed Roderick Munstersglobal CEO for its asset management business, effective May 10.

Munsters replaces Laurent Tignard, who stepped down to pursue newprofessional opportunities. He will report to Ariane de Rothschild, chairwomanof the Edmond de Rothschild Group's executive committee.

Munsters most recently served as CEO of Robeco Groep NV from 2009 to 2015.

Edmond deRothschild Holding SA is the ultimate parent of the Edmond deRothschild Group.