DWS, one of the world’s leading asset managers, announced today the appointment of George Catrambone as Head of Fixed Income, Americas. In his new role, Mr. Catrambone will be responsible for overseeing DWS’s Active Fixed Income platform and developing actively managed solutions to meet investor’s needs. Mr. Catrambone, a 17-year veteran of DWS, has a proven track record of risk management, operational excellence, and building scalable processes and businesses to further unlock their growth potential. His appointment is effective immediately.

Mr. Catrambone, currently Head of Trading in the Americas, has nearly two decades of experience, most recently building a centralized, multi-asset trading unit that combines leading technology and automation with deep market expertise to help drive positive performance outcomes for the firm’s clients. He will report to Vincenzo Vedda, Global Head of Active Management and will continue to be based in New York.

Stefan Hoops, CEO of DWS, said, “Fixed Income is an important asset class especially for our institutional clients. Representing a quarter of our assets under management, the business is also one of the cornerstones for delivering our strategy to clients and investors alike. Thanks to our strong Active Fixed Income heritage and with George’s extensive capital markets expertise, we will be able to make a difference through thought leadership, performance, and tailor-made client solutions.”

Vincenzo Vedda, added, “We are excited to appoint an executive of George’s caliber with a unique mix of superb client relationship skills, proven leadership ability, and the technology, risk and control experience to lead successful client outcomes in today’s increasingly challenging market environment. With George’s appointment we will position ourselves appropriately for both the challenges and opportunities that lie ahead.”

George Catrambone commented on his appointment, saying, “I’m excited for the opportunity to lead a team comprised of some of the most talented investment professionals in the industry today. DWS has long been recognized for its strong Fixed Income heritage, and we will build upon this legacy to become even more agile, collaborative and stand out as thought leaders within the marketplace. I look forward to implementing technology solutions that will further empower our investment teams to deliver alpha-generating and yield-based solutions for our clients.”

About DWS Group

DWS Group (DWS) with EUR 821 billion of assets under management (as of December 31, 2022) aspires to be one of the world's leading asset managers. Building on more than 60 years of experience, it has a reputation for excellence in Germany, Europe, the Americas and Asia. DWS is recognized by clients globally as a trusted source for integrated investment solutions, stability and innovation across a full spectrum of investment disciplines.

We offer individuals and institutions access to our strong investment capabilities across all major liquid and illiquid asset classes as well as solutions aligned to growth trends. Our diverse expertise in Active, Passive and Alternatives asset management complements each other when creating targeted solutions for our clients. Our expertise and on-the-ground knowledge of our economists, research analysts and investment professionals are brought together in one consistent global CIO View, giving strategic guidance to our investment approach.

DWS wants to innovate and shape the future of investing. We understand that, both as a firm as well as a trusted advisor to our clients, we have an important role in helping navigate the transition to a more sustainable future. With approximately 3,800 employees in offices all over the world, we are local while being one global team. We are committed to acting on behalf of our clients and investing with their best interests at heart so that they can reach their financial goals, no matter what the future holds. With our entrepreneurial, collaborative spirit, we work every day to deliver outstanding investment results, in both good and challenging times to build the best foundation for our clients’ financial future.

The brand DWS represents DWS Group GmbH & Co. KGaA and any of its subsidiaries such as DWS Distributors, Inc., which offers investment products, or DWS Investment Management Americas, Inc. and RREEF America L.L.C., which offer advisory services. R-095558-1 (4/23)

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