Important security note: Warning of attempted fraud in the name of DWS
We have detected that fraudulent individuals are misusing the "DWS" trademark and the names of DWS employees on the internet and social media. These fraudsters are operating fake websites, Facebook pages, and WhatsApp groups. Please be aware that DWS does not have any Facebook Ambassador profiles or WhatsApp chats. If you receive any unexpected calls, messages, or emails claiming to be from DWS, exercise caution and do not make any payments or disclose personal information. We encourage you to report any suspicious activity to info@dws.com, including any relevant documents and the original fraudulent email. Additionally, if you believe you have been a victim of fraud, please notify your local authorities and take steps to protect yourself.
11/14/2024
DWS Group today announced that Sven Wuerttemberger has been appointed as the new CEO of DWS CH AG, subject to regulatory approval. Sven, who most recently served as Head of Coverage, Switzerland, will now also have overall responsibility for the market as Country Officer. He will continue to report to Alexia Giugni, Head of Coverage, EMEA ex Germany and Austria. Sven previously served as the deputy to Björn Jesch, who is leaving DWS by mutual agreement.
Manfred Bauer, Head of EMEA and Product Division, said: “Switzerland is a key market for DWS, and filling this position from our own ranks is a clear signal of continuity. Sven is a proven expert on the Swiss market and has an excellent client network. We wish Sven all the best in his new role. At the same time, I would like to thank Björn once again. He has done an excellent job of positioning DWS locally in recent years.”
Björn, most recently CEO of DWS in Switzerland, initially joined in 2020 as Head Multi Asset & Solutions. He was also Chief Investment Officer – a role he has now also resigned from. As announced on November 12, Vincenzo Vedda has been appointed as the new DWS CIO (see media release).
Sven has been a member of the DWS Executive Board Switzerland since February 2023. To date, he has been responsible for the distribution of active and passive funds, mandates, and alternative investment solutions for institutional and wholesale investors. He returned to DWS in 2017 after eight years at BlackRock Asset Management, where his responsibilities included the distribution of ETFs in Germany and Switzerland. He had previously worked at DWS from 2006 to 2009, when he developed structured product solutions for institutional clients. Sven holds an MBA in international finance from the Helsinki School of Economics and the University of St. Gallen, as well as a bachelor's degree in finance from the Bristol Business School in the UK.
DWS Group (DWS) with EUR 963bn of assets under management (as of 30 September 2024) aspires to be one of the world's leading asset managers. Building on more than 60 years of experience, it has a reputation for excellence in Germany, Europe, the Americas and Asia. DWS is 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 liquid and illiquid asset classes as well as 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, giving strategic guidance to our investment approach.
DWS wants to innovate and shape the future of investing. We understand that, both as a corporate as well as a trusted advisor to our clients, we have a crucial role in helping to navigate the transition to a more sustainable future. With approximately 4,700 employees in offices all over the world, we are local while being one global team. We are committed to acting on behalf of our clients and investing with their best interests at heart so that they can reach their financial goals, no matter what the future holds. With our entrepreneurial, collaborative spirit, we work every day to deliver outstanding investment results, in both good and challenging times to build the best foundation for our clients’ financial future.
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