Germany’s ÄVWL appoints Lutz Horstick as head of its investment division

Lutz Horstick has been appointed as head of the Investment Division of Ärzteversorgung Westfalen-Lippe (ÄVWL), the pension fund for doctors in Westfalen-Lippe, Germany.

Horstick was appointed by the Executive Board of the Westfalen-Lippe Medical Association, following a recommendation from the Administrative Committee of ÄVWL.

He succeeds Markus Altenhoff, who is stepping down from his roles as managing director and head of division for health reasons.

Horstick has worked at ÄVWL since 2011 and most recently served as head of the Securities and Loans Department. In this role, he oversaw key aspects of investment management, including commercial and retail lending, the liquid investment portfolio, alternative investments and infrastructure investments.

Before joining ÄVWL, he worked for various banks and asset managers. Horstick is a qualified banker, holds a degree in business administration and is a Certified European Financial Analyst.

Commenting on the appointment, ÄVWL Administrative Committee chair, Peter Czeschinski, said: “In Lutz Horstick, we are gaining an experienced leader for the full-time management team.

“He is familiar with the structures of our pension fund, the technical requirements of the Investment division and the collaboration with the governing bodies. This provides an excellent foundation for reliably continuing the work in this area.”

Czeschinski added that ÄVWL expressed its “sincere thanks to Markus Altenhoff for the many years of responsibility he has successfully shouldered in this role”.

With Horstick's appointment, the three-person management structure of the pension fund introduced in February 2025 remains unchanged.

Horstick will be responsible for the Investment division, Ulrich Sonnemann will continue to head the Internal Administration division, and Christian Koopmann will remain in charge of the Insurance Operations and IT division.

“I am delighted by the trust placed in me and look forward to my new role on the Executive Board,” Horstick commented.

“My aim is to reliably overcome current and future challenges and to continue working closely with the three-member Executive Board, the self-governing bodies, the specialist departments and external partners.”



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