DIC Asset AG announces changes to its Management Board
DGAP-News: DIC Asset AG / Key word(s): Change of Personnel
- Sonja Wärntges named as new CEO, effective 1 October 2017
- Dirk Hasselbring appointed new member of the Management Board, responsible for Funds Business
- Management Board term of office extended for Johannes von Mutius, CIO
Prof. Dr Gerhard Schmidt, Chairman of the Supervisory Board of DIC Asset AG, said: "With these leadership appointments, the Supervisory Board has set the stage for the future of DIC Asset AG. We are delighted that Sonja Wärntges, an experienced top manager who has proven her skills and leadership qualities in our group for the past six years, will assume the role of Chairman of the Management Board and CEO. By bringing Dirk Hasselbring on board, we stay abreast of the growing importance of our funds business. And by extending Johannes von Mutius' CIO mandate until 31 December 2020, we have ensured that the Management Board remains strong, with three capable leaders who know how to make swift decisions and lead efficiently." The Supervisory Board would like to thank Aydin Karaduman for his commitment and dedication.
Sonja Wärntges is a strong leader and manager with a long executive track record in renowned organisations. She has many years of experience in the real estate industry and is a member of the Executive Committee of the German Property Federation (ZIA).
Dirk Hasselbring held various executive roles in the real estate and funds businesses before joining DIC Asset AG in June 2017. These included the positions of Management Board member at Deutsche EuroShop AG and Chairman of the Management Board of Hamburg Trust.
Johannes von Mutius is a highly esteemed expert in the field of real estate with ample leadership experience in the sector. He joined the Management Board of DIC Asset AG in April 2014.
In its Commercial Portfolio division (EUR 1.7 billion in assets under management), DIC acts as proprietor and property asset holder, and thus generates revenues both from the management of the assets and through the value optimisation of its own real estate portfolio. The Funds division (EUR 1.3 billion in assets under management) generates its revenues by acting as issuer and manager of special real estate funds for institutional investors. Gathered in the business unit Other Investments (EUR 0.4 billion in assets under management) are joint venture investments, equity investments in property developments, strategic financial investments, and the management of properties in which the company holds no equity stakes.
DIC Asset AG has been included in the SDAX(R) segment of the Frankfurt Stock Exchange since June 2006. The Company's shares are also included in the EPRA index, which tracks the performance of the most important European real estate companies.
28.09.2017 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
|Company:||DIC Asset AG|
|Neue Mainzer Straße 20 * MainTor|
|60311 Frankfurt am Main|
|Phone:||+49 69 9454858-1462|
|Fax:||+49 69 9454858-9399|
|ISIN:||DE000A1X3XX4, DE000A1TNJ22, DE000A12T648|
|WKN:||A1X3XX, A1TNJ2, A12T64|
|Listed:||Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange; Luxemburg|
|End of News||DGAP News Service|