DWS names CEO of Korea

German asset manager DWS Group has named Lee Tae-Young as Representative Director and CEO of DWS Asset Management Korea, reporting to Vanessa Wang, head of APAC and head of coverage APAC. Tae-Young will succeed Byun Hyun‑Soo, who will continue in the role of Chairman of DWS Korea during the transition period and will continue to serve as Head of Liquid Investment Strategy for Korea. Wang said: “Tae‑Young’s appointment reflects DWS’s continued commitment to home-grown talent, leadership excellence and long‑term client partnership in one of our most strategically important markets.” “His deep market expertise, strong client‑centric mindset, and proven ability to connect global investment capabilities with local client needs uniquely position him to lead our Korea business into its next phase of growth.” “As we continue to strengthen our APAC franchise, Tae‑Young’s leadership will be instrumental in reinforcing trust, delivering differentiated solutions, and advancing DWS’s ambition to be a partner of choice for clients across the region.” The firm said Tae-Young’s experience in translating global investment capabilities into locally tailored solutions will help DWS strengthen its client relationships and reinforcing collaboration between the Korea platform and DWS’s global network. He has been with DWS for 23 years after joining the firm in 2003 as a client coverage specialist for Korea. Prior to that he held roles in institutional client service at HDC Asset Management and Kyobo-AXA Asset Management.