New appointment at LBBW Asset Management: Bernd Scherer takes over as CEO.
Bernd Scherer Appointed as New CIO at LBBW Asset Management
Bernd Scherer, a renowned financial expert, has been appointed as the Chief Investment Officer (CIO) at LBBW Asset Management, effective from October 1, 2021, pending approval from Bafin.
Scherer holds a Ph.D. in Economics from the University of Giessen and boasts an impressive career spanning over three decades. He has taught Finance at the EDHEC Business School in London for several years and has held various senior positions, including at Schroders Investment Management, Morgan Stanley, Deutsche Asset Management, and EDHEC Business School.
Scherer started his career as an investment analyst at Morgan Stanley in London. Since then, he has been instrumental in shaping the financial landscape, serving as the CEO of Lampe Asset Management in Düsseldorf and as a member of the management board at LBBW Asset Management.
Scherer's appointment comes after he succeeds Frank Hagenstein in the role of CIO. However, his tenure at LBBW Asset Management was brief, as he left the company in 2025 to join a state fund ("Staatsfonds").
Despite his departure from LBBW Asset Management, Scherer continues to publish in academic journals and books, further cementing his position as a thought leader in the financial industry.
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For those interested in Scherer's academic work, his contributions can be found in numerous publications and books. He was born in Bamberg, adding another layer of diversity to his already impressive career.
While there is no available information about Scherer taking on a new role as a member of the management board at LBBW Asset Management following his recent appointment, his expertise and achievements speak volumes about his potential contributions to the financial sector.
Scherer's impressive career in business and finance spans over three decades, with previous roles at various institutions such as Schroders Investment Management, Morgan Stanley, Deutsche Asset Management, and EDHEC Business School.
His diverse portfolio also includes serving as a member of the management board at LBBW Asset Management, where he returns as the new CIO, succeeding Frank Hagenstein, following approval from Bafin, effective from October 1, 2021.
