Axel Uttenreuther was named CEO of BVK, Munich, effective June 1, a spokeswoman confirmed.
Mr. Uttenreuther will succeed Daniel Just, who is retiring after more than 10 years in the position.
Mr. Uttenreuther intends to further digitize the pension fund's operations to meet the needs of plan participants, according to a news release on the pension fund's website.
Mr. Just joined BVK as head of finance in 1998 and has been a board member since 2001. He is credited with refocusing BVK's investments to become more global and diversified over the years.
BVK has €106.8 billion ($117.7 billion) in assets.
Mr. Uttenreuther was most recently a member of the board for the Bavarian Pension Scheme for Doctors, Information Processing and Mathematics at BVK.