Peter Baumgartner new Chairman of the Board of Directors of Admicasa
With Peter Baumgartner, former CEO of Etihad Airways, Admicasa Fondsleitung AG has gained an experienced and internationally networked management expert as its new Chairman of the Board of Directors. With his extensive expertise, he will play a decisive role in shaping the future of the fund management company.
Admicasa Fondsleitung AG announced the appointment of Peter Baumgartner as the new Chairman of the Board of Directors on 17 October 2024. Baumgartner brings many years of experience in international business and has an extensive network in various industries. He was previously CEO of Etihad Airways, where he led key strategic initiatives. Baumgartner’s appointment succeeds Beat Langenbach, who previously held the position.
Experience and vision for the future
Peter Baumgartner can look back on an impressive career in aviation, including senior positions at Swissair, Swiss and Etihad Airways. After returning to Switzerland, he founded the management consultancy Bluearbre Ltd. through which he continues to be actively involved in the consulting and investment scene. His international mandates in various sectors, including the property industry, make him the ideal choice for Admicasa Fondsleitung AG.
Admicasa on course for growth
Admicasa Fondsleitung AG, founded in autumn 2023, has already successfully launched its first real estate fund, the Admicasa Real Estate Fund. The fund focuses on investments in prime locations in the agglomeration and aims to utilise appreciation potential and generate attractive returns. With Baumgartner as the new Chairman of the Board of Directors, Admicasa Fund Management plans to further expand its innovative strength and implement new strategies to create value in the property sector.
A visionary management style
Peter Baumgartner emphasised in his first statement that he was looking forward to working with Admicasa’s experienced Board of Directors. “The Admicasa Group’s innovative approach fits in with my conviction of sustainable economic value creation. I am convinced that together we will open up new perspectives for fund management and ensure long-term success,” said Baumgartner.