Deutsche Bank announces new structure and management for Deutsche Asset Management (DE)

Deutsche Bank today announced a new organizational structure and Global Operating Committee for Deutsche Asset Management (DeAM).

Effective immediately, DeAM will be reorganized into three distinct global business lines:

  • Institutional Fixed Income and Equity
  • Mutual Funds, including all DWS and Scudder mutual funds
  • Alternative Investments, including Hedge Funds, Quantitative Strategies, Real Estate, and Structured Products

The members and the responsibilities of the DeAM Global Operating Committee are as follows:
  • Kevin Parker - CEO & Head of Institutional Fixed Income and Equity
  • Oliver Behrens - Head of Structured Products
  • Axel Benkner - Co-Head of Mutual Funds & Head of Europe (ex-UK)
  • Paul Berriman - Head of UK
  • Janet Campagna - Head of Quantitative Strategies
  • Peng Wah Choy - Head of Asia (ex-Australia/Japan)
  • Mark Cullen - COO & Interim Head of DB ARS
  • Tom Curtis - Head of Business Development
  • Ingo Gefeke - CAO
  • Peter Harrison - CIO
  • Roelfien Kuijpers - Head of Strategic Planning, Communications & Marketing
  • Chuck Leitner - Head of RREEF, DB Real Estate
  • Shaun Mays - Head of Australia
  • Tsukasa Sekizaki - President, Deutsche Trust Bank (Japan)
  • William N. Shiebler - Co-Head of Mutual Funds & Head of the Americas

Kevin Parker, CEO of Deutsche Asset Management, said, 'Deutsche Asset Management has a portfolio of world class businesses, including DWS, our leading European Mutual Fund Company; Fixed Income, which ranks in the top 3 in assets under management globally; and Alternative Investments, including RREEF and our global hedge fund platform DB ARS. We are fully dedicated to delivering outstanding investment performance to our clients through fundamental investment research, a disciplined investment process, product innovation and effective risk management. The reorganization and streamlined management structure will unlock efficiencies and growth opportunities benefiting our clients, shareholders and employees.'

Source: Deutsche Bank

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