Allspring Global Investments, a prominent asset management firm overseeing $570 billion in assets under advisement, has announced the appointment of Annette Lege as its Chief Financial Officer. With her extensive experience spanning over three decades in the financial services and asset management sectors, Lege is poised to play a pivotal role in driving Allspring's financial strategy forward.
In her new capacity, Lege will lead Allspring's global finance strategy and oversee the finance team and financial operations. Collaborating closely with the executive team, she will work towards enhancing financial alignment and discipline across functions, providing strategic guidance to foster growth initiatives.
Kate Burke, President of Allspring, expressed confidence in Lege's abilities, citing her as a seasoned transformation executive with a proven track record in elevating organizational performance. Burke emphasized, "Annette brings our strong leadership team a complementary financial analytics skillset that will help further propel Allspring into our next growth phase. We continue to invest in our platform and our people in order to deliver an exceptional experience for our clients."
Lege's appointment comes on the heels of a series of strategic investments and senior appointments within Allspring, underscoring the company's commitment to bolstering its capabilities. Notably, the addition of key personnel such as a Chief Legal Officer, Chief Technology Officer, and Heads of Strategic Initiatives and Distribution, reflects Allspring's dedication to fortifying its leadership team.
Lege brings with her a wealth of experience, having served as the chief financial officer of ProShares, a prominent issuer of exchange-traded funds, prior to joining Allspring. During her tenure at ProShares, she oversaw finance, human resources, and corporate facilities, demonstrating her multifaceted expertise in financial management.
Before her role at ProShares, Lege held various positions at Invesco over nearly three decades, including chief accounting officer and head of finance operations and business transformation. Her responsibilities encompassed global controllership, tax, and financial planning and analysis, showcasing her depth of knowledge and breadth of experience in the financial domain.
Expressing her enthusiasm for joining Allspring, Lege emphasized her admiration for the company's mission to elevate investing to be worth more. She commended the caliber of Allspring's team and the depth of its investment platform, highlighting her eagerness to contribute during this pivotal juncture in the firm's growth trajectory.
With a vision to inspire a new era of investing focused on both financial returns and positive outcomes, Allspring Global Investments remains committed to delivering exceptional results for its clients. Bolstered by a team of over 410 investment professionals across more than 20 offices globally, Allspring continues to uphold its reputation for thoughtful investing and purposeful planning, guided by a commitment to expanding outcomes beyond mere financial gains.
