DWS Appoints Hepsen Uzcan as Americas CEO
New York, NY and Frankfurt, Germany – September 30, 2024 – DWS, one of the world’s leading asset managers, today announced the appointment of Hepsen Uzcan as Americas CEO, effective December 1, 2024. She will succeed and report to Dirk Goergen, who will continue to hold the responsibility for the region at the DWS Executive Board level in addition to his continued role as the DWS Global Head of Client Coverage Division.
“We are pleased to announce Hepsen Uzcan as the new Americas CEO for DWS,” said Dirk Goergen. “With more than 20-years of experience at DWS and her deep expertise in the U.S. asset management industry, 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.”
As CEO of the Americas, Ms. Uzcan will take operational responsibility for DWS’s U.S. region, further strengthening the positioning of the firm. Ms. Uzcan will also oversee the Americas Leadership Council.
“The U.S. is an important strategic market, and we are building on a long and proud heritage on the ground”, said Stefan Hoops, CEO of DWS. “During the past two years, we sharpened our strong, comprehensive offering to a very sophisticated client base across Xtrackers, and our Active and Alternatives business. 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. We wish her all the best on her new and extended responsibilities.”
"I am humbled by the opportunity to lead the continued development and growth of our business in the Americas. We will continue on our path to staying close to our clients and harnessing our capabilities while remaining focused on executing our growth opportunities and further strengthening our business in the U.S. market," added Ms. Uzcan.
Ms. Uzcan joined DWS in 2003 and has developed an in-depth knowledge of DWS’s business in the Americas. In her current role as Head of Americas CEO Office, she is instrumental in the regional governance, including relationships to regulators. She is also responsible for the DWS’s U.S. mutual fund business as President and CEO of the DWS Funds, and regional oversight of the Americas Product Division. Ms. Uzcan also serves on the boards of ICI Mutual, DWS USA Corporation, and certain DWS closed-end Funds, namely: The Central and Eastern Europe Fund, Inc., The European Equity Fund, Inc., and The New Germany Fund, Inc.
DWS provides institutional and retail investors access to liquid and illiquid asset classes, and a range of Active, Passive and Alternative strategies. Currently, the U.S. accounts for nearly 25 percent of DWS’s total assets under management.