Swiss Life Asset Managers UK Announces New Co-CEOs

Swiss Life Asset Managers has announced a leadership change in its UK business. Tim Munn and Eduardo Illitsch will take over as Co-Chief Executive Officers on 1 January 2026, succeeding Giles King, who is retiring after leading the company through a period of integration and growth.

Tim Munn, who joined Swiss Life Asset Managers UK in 2020, has served as Chief Investment Officer for the past five years. With 27 years of experience in real estate investment management, including more than two decades at CBRE Investment Management, he will continue to hold the CIO position alongside his new role as Co-CEO. His appointment ensures continuity, deep market knowledge, and the preservation of long-standing client relationships.

Eduardo Illitsch brings over three decades of international financial industry experience. He joined Swiss Life Asset Managers in 2018 and has been Head of International Sales since 2020. Before that, he held senior positions at J.P. Morgan Asset Management and Credit Suisse. As Co-CEO, he will focus on sales, joint ventures, and developing new growth areas in the UK market, while maintaining his current role as Head of International Sales for the wider group.

Jan Plückhahn, Head of Real Estate at Swiss Life Asset Managers, thanked outgoing CEO Giles King for his contribution, noting his pivotal role in integrating and rebranding Mayfair Capital into the group. “His leadership and profound industry experience were crucial to the development of the platform we have today. The UK market has very strong growth potential. As co-CEOs of the UK office, Tim and Eduardo can leverage their extensive experience in real estate and solid background as client representatives to drive successful results and lasting partnerships,” Plückhahn said.

Swiss Life Asset Managers sees the UK as a key growth market within its European real estate platform, and the dual leadership is expected to provide both stability and renewed momentum as the company enters its next phase.

Photo: Tim Munn and Eduardo Illitsch, Co-CEOs Swiss Life Asset Managers UK