Hepsen Uzcan, who has been with DWS for two decades, has been appointed Americas CEO, succeeding Dirk Goergen, who will continue to hold the responsibility for the region at the DWS Executive Board level and will continue as the DWS global head of client coverage division, DWS announced today.
As CEO of the Americas, Uzcan will head U.S. operations for DWS, a global asset manager based in New York and Frankfurt, Germany. The move, which is effective Dec. 1, positions the firm for growth in the U.S., DWS said. Uzcan will also oversee the DWS Americas Leadership Council.
“Hepsen’s appointment stands for our continued focus on the U.S. as a key growth region. Her appointment is also a testament to the strength of our internal talent,” Goergen said in a statement.
“The U.S. is an important strategic market” for the company, Stefan Hoops, CEO of DWS, said in a statement. “During the past two years, we have sharpened our strong, comprehensive offering to a very sophisticated client base. We are pleased to appoint Hepsen as a seasoned business leader and proven culture carrier to tap our great potential in the market and focus on further growing our franchise.”
DWS provides institutional and retail investors with access to liquid and illiquid asset classes, and access to a range of active, passive and alternative strategies. Currently, the U.S. accounts for almost 25% of DWS’s total AUM.