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Allspring Global Investments Appoints Annette Lege as New CFO

Smita SinghbySmita Singh
in Business, News, NORTH AMERICA
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Allspring Global Investments Appoints Annette Lege as New CFO

Allspring Global Investments Appoints Annette Lege as New CFO

CHARLOTTE, N.C., USA — Allspring Global Investments™ , a prominent global asset management firm managing over $570 billion in assets under advisement, today proudly announced the addition of Annette Lege to its executive leadership team as the new Chief Financial Officer. Lege will be stationed at the company’s headquarters in Charlotte, where she will oversee Allspring’s global finance strategy, team, and operations, closely collaborating with the executive team to enhance financial discipline and strategic growth. She is set to begin her new role in May, reporting directly to Allspring’s President, Kate Burke.

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President Kate Burke praised Annette’s capabilities, stating, “Annette is a talented transformation executive with an established track record in significantly enhancing organizational performance. She is a strong, hands-on leader with the right experience to navigate our evolution as an independent company. 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.”

Annette Lege comes to Allspring with a wealth of experience spanning over three decades in financial services and asset management. She previously held the position of Chief Financial Officer at ProShares, managing finance, human resources, and corporate facilities. Before ProShares, Annette had a nearly 30-year tenure at Invesco, where her roles included Chief Accounting Officer and Head of Finance Operations and Business Transformation. Her responsibilities covered global controllership, tax, and financial planning and analysis.

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Annette expressed her enthusiasm about her new position, remarking, “I am honored to join Chief Executive Officer Joe Sullivan, Kate, and the Allspring leadership team to build on the Company’s success and support their mission to elevate investing to be worth more. I am impressed by the caliber of the people and depth of the investment platform and look forward to joining at a truly unique time in the firm’s growth journey.”

This appointment marks a significant step in Allspring’s ongoing strategy to enhance its leadership and capabilities. Annette Lege will be succeeding Molly McMillin, the current CFO, who will transition to a new role within the company.

Read Also : Imagination in a Disrupted Age: Navigating the Future with Curiosity and Empathy

About Allspring:

Allspring Global Investments™ is a leading independent asset management firm dedicated to pioneering a new era of investing that aims for financial returns alongside positive outcomes. With a rich history of trusted experience, Allspring leverages independence of thought in its investment strategies and a forward-looking approach to offer a broad range of investment products and solutions tailored to meet clients’ goals. Managing over $570 billion in assets, with a global presence in more than 20 offices, and backed by over 410 investment professionals, Allspring is deeply committed to delivering outcomes that transcend mere financial gains for its clients.

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Tags: Allspring Global InvestmentsAnnette Legeasset management newsCFO AppointmentHappy Place to Work CertificationHPTWinvestment firm leadershipLeadership Appointmentnew CFO
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"HR Today" aspires to be more than just a publication; it aims to be a platform where the brightest minds in HR come together to share knowledge, insights, and foresight that can shape the future of our profession. We aim to offer a unique blend of academic rigour and practical wisdom, addressing the most pressing challenges and opportunities in the HR landscape today.

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