Deutsche Asset Management has announced key changes to its team, with Chris Larsen being appointed to head-up the Asset Management business following the departure of Andrew Fay at the end of this year.
Larsen, who was previously responsible for Asset Management distribution, has been appointed deputy head of Asset Management and will become head of Asset Management from January 1, next year.
At the same time, John Dorrian will assume the role of head of RREEF in Australia.
Deutsche said the succession plan had been generated by Fay’s decision to leave the organisation and take an extended break from full-time involvement in the industry.
