Columbia Threadneedle Investments strengthened its sales team in Germany with the appointment of Jesco Schwarz in the newly created position of sales director Savings and Cooperative Banks with immediate effect. Jesco Schwarz is based in Frankfurt with direct report to Florian Uleer, Columbia Threadneedle’s country head in Germany.
Jesco Schwarz has extensive experience in sales and asset management. Most recently, he worked as a sales manager for savings banks and cooperative banks at Frankfurt-Trust Investment-Gesellschaft mbH where his clients included the 60 largest savings banks in Germany. Jesco Schwarz previously worked at BNY Mellon. He began his professional career in 2011 as a business development manager at SIX Financial Information in Frankfurt. Jesco Schwarz holds a political science degree from the Johann Wolfgang Goethe University of Frankfurt and presented a doctoral thesis at the Free University of Berlin on the stability of fiat money systems.
Florian Uleer, country head Germany at Columbia Threadneedle, commented: “Our German business is growing both in depth and in breadth. Institutional and retail clients are increasingly aware of how we can help them achieve their investment objectives as a global provider of truly active funds. As a result, our client base is also becoming more diverse, increasingly so among savings banks. We are therefore pleased to create this new position in our Frankfurt team to respond to this demand. Through his professional experience, Jesco Schwarz is very well connected in the sector and I have no doubt he will be a real asset to the team as we continue to grow.”
Jesco Schwarz added: “Due to the changed market environment, savings banks and cooperative banks require new investment strategies in order to achieve stable and attractive returns. Columbia Threadneedle is extremely well positioned as a global solution provider with an excellent track record in equities, credit, multi asset or absolute return. In addition, investment strategies that are oriented towards social and environmental aspects as well as good corporate governance are becoming increasingly important. In this regard, Columbia Threadneedle is also a pioneer, for example, with regard to social bond strategies. I look forward to presenting Columbia Threadneedle’s excellent solutions to Germany’s savings and cooperative banks.”