Deutsche AM announces new ESG head
Deutsche Asset Management (AM) has appointed Petra Pflaum as
chief investment officer for responsible investments, effective immediately.
In this new role, Pflaum will manage an environmental,
social and governance (ESG) team responsible for the integration of ESG
into its investment processes and growing its client offerings across its
active, alternatives and passive business.
The existing ESG thematic research and governance teams will
report to Pflaum.
Pflaum will continue her role as EMEA head of equities for
Deutsche AM, and will be joined by Britta Weidenbach, who will become EMEA
co-head of equities, also with immediate effect.
Pflaum will also become a member of the management board of
Deutsche AM, representing the equity and equity trading businesses.
Joining Deutsche AM back in 1999, Pflaum served as co-head
of global research and global head of small and mid-cap equities, prior to her
current role.
Weidenbach is currently head of European equities and has
also been with Deutsche AM since 1999. She has managed European equity funds
since 2001.
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