New CEO Appointment: Bernd Scherer joins LBBW Asset Management.
Bernd Scherer Appointed as Chief Investment Officer at LBBW Asset Management
Bernd Scherer, a seasoned finance professional, has been appointed as the Chief Investment Officer (CIO) at LBBW Asset Management, a leading asset management company in Germany. The appointment is effective from October 1, 2021, subject to the approval of the financial supervisory authority Bafin.
Scherer's career in investment management and asset management spans several decades, with a focus on leadership roles in portfolio management and investment strategy at major financial institutions and asset management firms. His extensive experience includes positions at Schroders Investment Management, Morgan Stanley, Deutsche Asset Management, and teaching finance at the EDHEC Business School in London.
Scherer began his career as an investment analyst at Morgan Stanley in London after completing his studies in economics at the University of Augsburg, a master's degree at the University of London, and a PhD at the University of Giessen. His journey in the finance industry has also led him to hold various management positions at Bankhaus Lampe, most recently as CEO of Lampe Asset Management in Düsseldorf.
In his new role at LBBW Asset Management, Scherer will oversee portfolio management and portfolio analysis. He will also join the business field leadership of LBBW Asset and Wealth Management. Scherer will succeed Frank Hagenstein and assume the role of CIO.
At 56 years old, Scherer continues to publish in academic journals and books, further demonstrating his commitment to the finance industry. While specific details about his prior positions before joining LBBW Asset Management are not available, consulting official LBBW press releases, professional profiles on platforms like LinkedIn, or trusted finance industry publications may provide more insight into his career background.
The appointment of Bernd Scherer as CIO at LBBW Asset Management is a significant move for the company and the finance industry in Germany. Scherer's extensive experience and expertise in investment management and asset management are expected to contribute significantly to the strategic direction and success of LBBW Asset Management.
Economic and social policy in Germany may now benefit from Scherer's appointment as he assumes the role of Chief Investment Officer (CIO) at LBBW Asset Management, a leading asset management company. With his expertise in finance, investing, and business management, Scherer is anticipated to steer the company towards profitable and socially responsible investment opportunities.
