Dominik Schubert Joins Federated Hermes as Director in Germany
Portfolio - People | Nov 18, 2024 | Federated Hermes Ltd
Federated Hermes has appointed Dominik Schubert as Director of Business Development for Wholesale Clients in Germany, a move that aligns with the company’s strategy to increase its market presence in the DACH region. Schubert, who has over a decade of experience in the financial sector, previously served as head of sales for southern Germany at Goldman Sachs Bank Europe SE. At Federated Hermes, he will focus on strategic sales development, growth opportunities, and expanding client relationships. His role also involves expanding Federated Hermes' product range to meet the diverse needs of clients in the DACH market. Based in Frankfurt, Schubert will report to Frank Ppplow, Head of Business Development for Germany and Austria. This strategic appointment is crucial for Federated Hermes as it continues to target growth and increase its market share in the wholesale segment.
Sectors
- Financial Services
- Asset Management
Geography
- Germany – The article focuses on Federated Hermes' appointment in Germany, specifically for its operations in the wholesale market.
- DACH Region – Federated Hermes' strategic focus includes the broader DACH region, which comprises Germany, Austria, and Switzerland.
Industry
- Financial Services – The article discusses Federated Hermes, a company operating within financial services, specifically in the investment management sector.
- Asset Management – Federated Hermes is working on expanding its presence in the German wholesale market, a key area within asset management.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Federated Hermes Ltd. | Company | Private Equity Firm | Federated Hermes is a global investment management firm focused on delivering sustainable and competitive returns for clients worldwide. |
| Dominik Schubert | Person | New Appointment | The newly appointed Director of Business Development, Wholesale Clients, in Germany for Federated Hermes. |
| Goldman Sachs Bank Europe SE | Other Company | Former Employer of New Appointment | A previous employer of Dominik Schubert, where he was head of sales in southern Germany. |
| Frank Ppplow | Person | Management | Head of Business Development, Germany & Austria for Federated Hermes. |