Stephan Scholl has been appointed to the Universal Investment Group C-Board as chief operating officer (COO) with immediate effect.
In his position as COO, he is following in the footsteps of Michael Reinhard, who succeeded Bernd Vorbeck as the Group's chief executive officer (CEO) in May 2019. Besides Scholl and Reinhard, Frank Eggloff is also on the C-Board in the position of chief financial officer (CFO), alongside Katja Müller as chief customer officer (CCO).
Stefan Rockel and Markus Neubauer are further managing directors. At Universal Investment, Scholl - who spent many years in key managerial positions at DWS - will be chiefly responsible for the Administration Services division, focusing on Fund Accounting and Fund Reporting as well as Taxes and IT, with immediate effect.
Scholl, whose finance-sector career spans over three decades, spent almost 20 of those years in managerial positions within the DWS Group - including head of Operations, head of Platform Management and, most recently, co-head of the Digital Investment Platform. He was not only responsible for day-to-day business there, but for the transformation and further development of the operative business as well. He also served as a member of the DWS International management team, and as longtime COO. Scholl began his career in the Custody Services division at Deutsche Bank. After a two-year stint as head of the Custody & Depository Bank Services division of State Street Bank in Munich, he returned to the Deutsche Bank Group in 1999.