Thornburg appoints new Chief Executive Officer

Business
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Garrett Thornburg | Thornburg Investment Management

Thornburg Investment Management has announced the appointment of Mark Zinkula as its new President & CEO, effective immediately. Zinkula will also join the company's Board of Directors. The appointment comes after a comprehensive global search, according to a press release by Thornburg Investment Management.

Zinkula brings a wealth of experience to his new role. He previously served as the CEO of Legal & General Investment Management, a global investment firm managing $1.4 trillion in assets. During his tenure from 2011 to 2019, Zinkula oversaw significant growth, tripling the firm's assets and expanding its presence in the U.S., Europe, and Asia.

Thornburg Investment Management highlighted Zinkula's impressive credentials, stating, "Mr. Zinkula is also a former board member of the parent company, Legal & General, a member of the FTSE 100."

According to a press release by Thornburg Investment Management, Thornburg Chairman Garrett Thornburg said, “We are delighted to welcome Mark as our new President & Chief Executive Officer. Mark has strong strategic capabilities and exceptional leadership qualities. He has a deep understanding of investment management and an excellent record of driving organic business growth across client channels and asset classes. I look forward to continued success and realizing Thornburg’s full potential as a leading investment firm that seeks to deliver long-term growth for its clients and value for all our stakeholders.”

According to a press release by Thornburg Investment Management, Mark Zinkula said, “I am excited to lead Thornburg. It is a business with a rich heritage and an impressive investment platform. Thornburg’s innovative products and talented team have a well-earned reputation for delivering consistent investment results for clients over the long term. Together with Thornburg employees, the leadership team, and the Board of Directors, we will continue to focus on providing investment outcomes for clients and expanding portfolio solutions to meet investor needs and objectives.”

Thornburg Investment Management is a globally operating investment company that implements strategies for institutions, financial experts, and investors on a global scale. The company is known for its innovative products and commitment to delivering consistent investment results for its clients.

With the appointment of Mark Zinkula as President & CEO, Thornburg Investment Management aims to continue its growth and success in the investment management industry.