Deutsche Asset & Wealth Management appoints new CIO

Stefan-Kreuzkamp_Deutsche-AWM-600x450By Emily Lai

German asset management company Deutsche Asset & Wealth Management (Deutsche AWM) names Stefan Kreuzkamp new Chief Investment Officer (CIO) – Head of Investment Management and member of the Deutsche AWM starting December.

Kreuzkamp succeeds the position from Asoka Wöhrmann, who would become Head of Retail Banking at Deutsche Bank’s Private & Business Clients division.

Speaking of the appointment, Michele Faissola, Head of Deutsche AWM, says Kreuzkamp has played a key role developing the company’s investment platform over the years, and will continue to provide continuity and stability for clients and their investments.

Kreuzkamp is currently Regional CIO EMEA overseeing equities, fixed income, and multi-asset. He joined the company in 1998, initially working in money markets, and later in fixed income fund management.

Deutsche AWM has a US$ 1.27 trillion of AUM as of end of June and provides wealth management solutions and private banking services to high net worth individuals and family offices. BM