Crown Agents Investment Management (CAIM) appoints former JP Morgan exec Roberts Grava as the new CEO

By Megha Bhattacharya

Crown Agents Investment Management (CAIM) has announced the appointment of Roberts Grava as the new CEO. Grava’s experience in providing customised asset allocation analytics and advisory services for institutional clients is expected to boost CAIM’s client offering, strengthening the firm’s position as a unique fixed income and multi-asset manager for clients in emerging economies.

Albert Maasland, Group CEO of Crown Agents Investment Management and Crown Agents Bank commented, “We are delighted to welcome Roberts to take on leadership of the executive team at CAIM, and I’m confident that as Chief Executive Officer he’ll be an invaluable asset to our AssetManagement business. As an accomplished investment specialist, with a proven track record of  success in serving institutional clients globally, his breadth of experience in portfolio construction, optimisation and management, as well as problem-solving for public sector institutions more broadly, will align with our commitment to empowering our clients in developing countries.”

Previously, Grava was the Head of Official Institutions, Institutional Solutions and Advisory at J.P. Morgan Asset Management. He also the held the positions of the Head of Quantitative Strategies, Risk and Analytics at the World Bank Treasury, Managing Director and Head of Official Institutions, Fixed Income at J.P. Morgan Asset Management, and Engagement Manager, Reserves Advisory and Management Program (RAMP) at the World Bank. He has spent 11 years as Chief Investment Officer, Head of Reserves Management and Market Operations and Member of the Executive Board at Latvijas Banka, the Central Bank of Latvia.

Roberts added, “Thanks to its long history and unwavering commitment to its clients in developing economies, CAIM is an unparalleled institution in the asset management sphere. I very much look forward to working closely with the team to reach our full potential and continue to strengthen our innovative investment management services, portfolio solutions, capacity building and advisory that our central bank network is accustomed to.”