Less than a day after the “green-washing raids” by German authorities on the Frankfurt offices of Deutsche Bank and its asset management arm DWS, the bank said Asoka Wöhrmann will resign as chief executive officer at DWS. Stefan Hoops, a long-time Deutsche executive, is named as his successor.
Hoops has served as Deutsche’s head of corporate bank for the last three years. He has been with the bank since 2003.
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