The DWS Group, headquartered in Frankfurt, Germany, has appointed Stefan James to the position of managing director and head of corporate coverage for the Americas. The position will be based in Chicago.

James and his team will lead efforts to deliver short- and long-term investment solutions to corporate clients in the Americas region. James will report to J.J. Wilczewski, head of the Institutional Client Group for the Americas.

Wilczewski said that the corporate segment has long been an area of strength and innovation for DWS. He said that DWS would grow its corporate business under James’s leadership and through his strong personal connections.

Founded in August 1956, the DWS Group GmbH & Co KGaA operates as an asset management company, offering institutional and private investors worldwide a broad range of products and services. As of December 31, 2018, the company reported $757.9 billion in assets under management.