Changes in the Executive Boards of DWS Investment GmbH and DWS International GmbH

Holger Naumann has laid down his mandate as Chairman of the Executive Board of DWS Investment GmbH as of 31 December 2019. Going forward, he will focus fully on his duties as DWS’ Regional Head for the APAC region.

His successor is Manfred Bauer, having assumed the chairmanship on January 1, 2020. He had already been a member of the Executive Board of DWS Investment GmbH. Manfred Bauer is also DWS’ Regional Head EMEA and Head of Corporate Strategy & Transformation.

Additionally, Matthias Liermann has been named Chairman of the Executive Board of DWS International GmbH effective January 1, 2020. He has been a member of that Board since January 1, 2019. This function has been newly introduced. Matthias Liermann is also COO EMEA of DWS and Head of the Global Product Platform.

Both DWS Investment GmbH and DWS International GmbH are subsidiaries of the listed firm, DWS Group GmbH & Co. KGaA.

Asoka Woehrmann, CEO of DWS Group and Chairman of the Supervisory Board of DWS Investment GmbH: “I would like to thank Holger personally and on behalf of the entire Executive Board of DWS Group and the Supervisory Board of DWS Investment GmbH, for his many successful years in the management of DWS Investment GmbH and wish him continued good luck in his role as DWS Regional Head APAC. With the increasing importance of Asia for asset managers, I am glad that Holger will be able to devote his full energy to this task going forward. I would like to congratulate Manfred and Matthias on their additional new tasks and wish them every success in their new roles.”

For further information please contact:

Adib Sisani 
+49 69 910 61960                       

Karsten Swoboda
+49 69 910 14941

About DWS Group
DWS Group (DWS) is one of the world's leading asset managers with EUR 752bn of assets under management (as of 30 September 2019). Building on more than 60 years of experience and a reputation for excellence in Germany and across Europe, DWS has come to be recognized by clients globally as a trusted source for integrated investment solutions, stability and innovation across a full spectrum of investment disciplines.

We offer individuals and institutions access to our strong investment capabilities across all major asset classes and solutions aligned to growth trends. Our diverse expertise in Active, Passive and Alternatives asset management – as well as our deep environmental, social and governance focus – complement each other when creating targeted solutions for our clients. Our expertise and on-the-ground-knowledge of our economists, research analysts and investment professionals are brought together in one consistent global CIO View, which guides our investment approach strategically.

DWS wants to innovate and shape the future of investing: with approximately 3,600 employees in offices all over the world, we are local while being one global team. We are investors – entrusted to build the best foundation for our clients’ future.


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