Columbia Threadneedle Investments has appointed Jesco Schwarz as sales director for savings and cooperative banks as the firm expands operations in Germany.
Schwarz takes up the newly created role with immediate effect. He’s based in Frankfurt and will report to Florian Uleer, Columbia Threadneedle’s country head in Germany.
Schwarz was previously sales manager for savings banks and cooperative banks at Frankfurt-Trust Investment-Gesellschaft and before that worked at BNY Mellon.
Uleer said Columbia Threadneedle’s German business has been growing in “depth and in breadth” and that the firm’s client base was becoming more diverse, particularly among savings banks.
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