Björn Jesch will step in and fill the void created by Christian Hille as Head of Multi-Asset Solutions. Björn comes from Credit Suisse where he was the Global Head of Wealth management. This move goes takes place effective July 1st, 2020.
Christian Hille will be leaving the firm effective the same date for personal reasons. And Credit Suisse stated that they will not be replacing Jesch’s position.
At DWS Jesch will report to Stefan Kreuzkamp and will be a member of DWS’s CIO management committee. He will be responsible for the team of 82 investment professionals and will oversee the unit which had €58bn in assets at the end of 2019.
We are very happy that Björn has decided to join DWS. He enjoys an excellent reputation across the asset management industry and the market as a top notch investor and thought-leader. Multi Asset & Solutions is a crucial part of our business, now more than ever. In a volatile market it can truly differentiate itself for investors.Stefan Kreuzkamp, DWS CIO
The multi Asset unit is one of DWS’s key focuses moving forward. With a capital influx of 7.2 billion euros in 2019.