This was confirmed by a spokesman for Deutsche Bank when asked by Dow Jones Newswires. In addition to Bajorat, blockchain and bitcoin expert Alexander Bechtel will be moving from Deutsche Bank to DWS in October.
The Handelsblatt had first reported on the personal details, citing a letter from DWS to its employees.
According to the newspaper, Bajorat is well known in the fintech scene, especially in the field of digital payment solutions. He used to be the head of fintech Figo and is the founder and publisher of the industry portal paymentandbanking.com. Bechtel should be responsible for developing a strategy in Bajorat’s team. The new team will “act as a central point of contact for digital topics and will focus in particular on digital assets and channels,” quoted the Handelsblatt from the announcement.
DWS boss Hoops, who has been in office since the beginning of June, already attached great importance to the development of new digital business models during his time as head of corporate customers at Deutsche Bank and when presenting DWS’ quarterly figures at the end of July indicated that he was in the area digitalization want to set new accents.
DWS shares temporarily gain 0.28 percent to EUR 28.90 via XETRA.
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