Management team expanded: Impact Asset Management gets another managing director

Ujwary will assume responsibility for Risk, Legal and Compliance, and Organization at Impact AM. Her current role as Head of Operations at Erste Asset Management will remain unaffected.

The fund provider describes this expansion of the management team as a further step in deepening its cooperation with Erste Asset Management, which only fully acquired Impact Asset Management in December 2024.

Integrate ESG, investment know-how and IT

The goal is to leverage synergies, particularly in the areas of ESG, investment expertise, and IT. In addition to Magdalena Ujwary, the management of Impact AM now includes Günther Kastner (Head of Investments, Business and Product Development, HR), Daniel Feix (Sales, Marketing), and Thomas Kerle (Finance, IT).

Impact Asset Management specializes in ESG and impact investment strategies. Its business focus is on institutional clients and high-net-worth private clients. "Our goal is to expand our client base in close collaboration with banks, platforms, and distribution partners over the next few years and to expand into new markets," explains Kastner.

Erste Asset Management manages assets of around EUR 93 billion (March 2025) at its locations in Austria, Germany, Croatia, Romania, Slovakia, the Czech Republic and Hungary.