DWS chief resigns in wake of greenwashing raid

With effect 10 June

James Baxter-Derrington
clock • 2 min read
This is not the first time DWS has faced allegations over this type of misconduct.
Image:

This is not the first time DWS has faced allegations over this type of misconduct.

DWS chief executive Asoka Woehrmann has resigned from the German asset manager, less than 24 hours after a raid on the business by German police and regulator BaFin.

Effective 10 June, Woehrmann will leave the firm in the hands of Stefan Hoops, who currently serves as head of corporate bank at Deutsche Bank, with David Lynne, current head of corporate bank, Asi...

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