Patrizia has appointed Asoka Wöhrmann as chief executive designate, replacing founder and chief executive Wolfgang Egger.
Wöhrmann, who was senior group director of Deutsche Bank until 2022, will be responsible for the development of Patrizia’s global real assets platform, execution of the company’s strategy and expansion of the firm’s global footprint.
The group has also appointed Slava Shafir as chief operating officer. Shafir, who has more than 20 years’ experience at banks including Deutsche and Barclays, takes up the role on 1 June and will be responsible for development of business operations, IT and fund services, and to ensure efficient operations of Patrizia’s international product portfolio.
Egger said: “Asoka Wöhrmann brings a comprehensive international leadership experience, in-depth knowledge of financial markets and the global asset management industry as well as a broad international client network to Patrizia.
“He shares our values, entrepreneurial spirit and long-term vision along with our principles of inclusivity, openness, and strong collaboration. I am very happy and convinced that he is ideally suited to lead the company as new CEO and further strengthen our capabilities as a strong, trusted and fully independent partner for our clients.”
He added: “Both leaders complement our existing leadership team to successfully manage our next growth phase as a leading global real assets player. This in turn will allow me to concentrate on strategic client relations and the strategic development of the company. I remain fully committed to Patrizia as founder and majority shareholder and look forward to working in close partnership with the new CEO and COO and the whole executive team.”
Following the end of his term as co-chief executive Thomas Wels will continue to support Patrizia as senior adviser with a particular focus on Asia-Pacific and Japan.
To send feedback, e-mail samantha.mcclary@eg.co.uk or tweet @samanthamcclary or @EGPropertyNews
