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Press Release

Neuberger Berman hires Gilles Drukier to Head EMEA Insurance Solutions

Media Contact:

Fiona Kehily, +44 (20) 3214 9087, Fiona.Kehily@nb.com

London, 24 August 2020 – Neuberger Berman, a private, independent, employee-owned investment manager, has appointed Gilles Drukier as Head of Insurance Solutions for the EMEA region effective 3 August 2020. Reporting to Global Head of Insurance Solutions Matt Malloy and Dik van Lomwel Head of EMEA and Latin America, Gilles will lead efforts to deepen client relationships across the EMEA insurance client segment working closely with the existing regional client coverage teams.

With over 20 years of financial services experience, Drukier joins from JP Morgan Asset Management where he was Managing Director for its fixed income insurance and pensions solutions group. Prior to this, he worked for JP Morgan’s investment banking arm across a number of teams including its insurance strategic advisory group. Drukier’s previous experience also includes derivatives sales roles at Merrill Lynch and Goldman Sachs.

Neuberger Berman’s Global Insurance Solutions Group oversees approximately $50 billion of insurance assets under management with over 200 clients across 30 countries, and is a leader in providing customised public and private market solutions. The business encompasses dedicated portfolio management, client advisory and actuarial and quantitative professionals based in EMEA, North America and Asia.

Matt Malloy, Global Head of Insurance Solutions, says: “The Neuberger Berman insurance solutions group is dedicated to delivering high-quality insights, analytics, and investment solutions to insurance companies globally. Gilles’ appointment is the latest milestone for this growing part of our business, and his extensive experience will complement our existing team and bolster our client relationships across the EMEA region.”

Gilles Drukier, Head of Insurance Solutions EMEA, adds: “Insurance companies have unique investment objectives, controls and constraints. Neuberger Berman’s global investment platform is well positioned to help assess these specific needs and develop solutions across the market spectrum, traditional and alternative asset classes.”

About Neuberger Berman

Neuberger Berman, founded in 1939, is a private, independent, employee-owned investment manager. The firm manages a range of strategies—including equity, fixed income, quantitative and multi-asset class, private equity, real estate and hedge funds—on behalf of institutions, advisors and individual investors globally. With offices in 24 countries, Neuberger Berman’s diverse team has 2,300 professionals. For six consecutive years, the company has been named first or second in Pensions & Investments Best Places to Work in Money Management survey (among those with 1,000 employees or more). The firm was awarded an A+ in every category in the latest 2020 Principles for Responsible Investment (PRI) report for our approach to ESG integration across asset classes. The firm manages $357 billion in client assets as of June 30, 2020. For more information, please visit our website at www.nb.com.