DWS Group Streamlines Investment Leadership, Appointing Vincenzo Vedda as Global CIO to Enhance Client-Focused Strategy

DWS Group Streamlines Investment Leadership, Appointing Vincenzo Vedda as Global CIO to Enhance Client-Focused Strategy

(IN BRIEF) DWS Group has restructured its investment leadership by consolidating its Portfolio Management, Chief Investment Office, and Economic Research units under Vincenzo Vedda, who will also take on the role of Global Chief Investment Officer (CIO). This strategic shift aims to enhance the integration of investment expertise to better serve clients. Former Global CIO Björn Jesch is departing by mutual agreement, while Johannes Mueller will step into the role of Chief Economist, reporting to Vedda.

(PRESS RELEASE) FRANKFURT, 12-Nov-2024 — /EuropaWire/ — DWS Group has announced a restructuring of its investment leadership, consolidating its Portfolio Management, Chief Investment Office, and Economic Research units under Vincenzo Vedda’s leadership. Currently the Global Head of Portfolio Management for Public Markets, Vedda will now also assume the role of Global Chief Investment Officer (CIO), continuing to report directly to CEO Stefan Hoops. This restructuring aims to streamline DWS’s investment operations, enhancing efficiency and synergy across its expertise areas.

Former Global CIO, Björn Jesch, has chosen to depart from DWS by mutual agreement. Jesch, who joined DWS in 2020, brought a strong focus on international capital markets and client engagement and will also step down as CEO of DWS CH AG in Zurich, Switzerland, with his successor yet to be announced.

Additionally, Johannes Mueller, previously Head of Economic and Thought Leadership Research, will take on the role of Chief Economist, reporting directly to Vedda. CEO Stefan Hoops praised the move as a strategic alignment to better leverage investment insights for clients, adding that Vedda’s experience in portfolio management and client understanding make him well-suited for this expanded role.

Vedda, who has been with DWS since 2013, has held numerous leadership roles, including overseeing global equities trading, European client business, and active and passive portfolio management. This restructuring highlights DWS’s commitment to evolving its investment management capabilities to serve clients’ needs better in a dynamic market environment.

About DWS Group

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.

Media Contacts:

Sebastian Krämer-Bach
sebastian.kraemer-bach@dws.com
+49 152 284 58 425

Cristelia Diaz Duque
sabina.diaz-duque@dws.com
+49 (69) 910 14177

SOURCE: DWS