Randy Brown was named managing director and head of the U.K. and global head of insurance and pension solutions at Deutsche Asset & Wealth Management, said company spokeswoman Maria Gonzalez.
The positions are new. Mr. Brown is responsible for leading DeAWM's business activities in the U.K. The U.K. business was previously run as part of the EMEA region.
He will continue both to report to Michele Faissola, managing director and head of DeAWM, and to serve on DeAWM's global executive committee. Mr. Brown also joins the U.K. executive committee.
Mr. Brown had been co-chief investment officer at DeAWM with Asoka Wohrmann. Mr. Wohrmann will now be the sole CIO.
