Posted inPeople Moves

DWS Australia names new CEO

The 20-year Deutsche group veteran Lidia Tomova takes over from Chris Robinson.

DWS has appointed Lidia Tomova as its chief executive officer (CEO) in Australia, from 1 March 2024.

She succeeds Chris Robinson as CEO of DWS Australia, who will continue to lead the liquid real assets business in Asia Pacific as head of real estate securities, Apac.

Pending regulatory approval, Tomova (pictured) will also be chairperson of DWS Investments Australia Limited (DIAL). Additionally, she will continue in her role as head of coverage, Australia & New Zealand, and report to Vanessa Wang, head of Apac and head of coverage, Apac.

Tomova has worked for 20 years at DWS and Deutsche Bank in Australia and the UK. She began her career with Deutsche Bank’s global markets division in London, predominantly in client-facing sales roles.

“Lidia’s leadership, experience and vision will be instrumental in driving our strategic objectives and enhancing the value we deliver to our clients and stakeholders in the local market,” said Wang in a statement, adding that Robinson “has played a key role in establishing and building our network and client reach in Australia over the past years”.

Tomova will be responsible for shaping the growth strategy of DWS Australia to enhance the brand’s presence and promote a culture of excellence, innovation and collaboration, according to the statement.

“We see many opportunities for Australian clients to leverage the firm’s global investment expertise, research knowledge capability and client coverage. Australia is a mature investment market and continues to play a defining role in shaping and driving pension investments,” said Tomova.

Part of the Mark Allen Group.