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CEO of German Asset Manager DWS Resigns Day After Officials Raid Offices Over Greenwashing Allegations

Deutsche Bank’s Fund Manager Appoints Stefan Hoops as New CEO
Deutsche Bank's twin towers, on the right, were also raided by officials investigating allegations of greenwashing at the bank's fund management arm DWS. (Getty Images)
Deutsche Bank's twin towers, on the right, were also raided by officials investigating allegations of greenwashing at the bank's fund management arm DWS. (Getty Images)

The chief executive of DWS, Asoka Wöhrmann, resigned a day after the fund manager's offices and those of parent company Deutsche Bank in Frankfurt were raided by officials over allegations of greenwashing.

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