DWS Group, a global asset management company, has appointed Lee Tae-Young as Representative Director and Chief Executive Officer of its Korea business, reinforcing the firm’s focus on leadership continuity and regional growth in Asia Pacific.
The company said Lee, a 25-year industry veteran, will lead DWS Asset Management Korea and report to Vanessa Wang, Head of APAC and Head of Coverage APAC at DWS. His appointment is effective immediately.
Lee succeeds Byun Hyun‑Soo, who will continue as Chairman of DWS Korea during the transition period and remain Head of Liquid Investment Strategy for Korea, ensuring continuity in investment leadership and strategy.
In his expanded role, Lee will be responsible for driving the long-term growth strategy of the Korea business, strengthening market presence, and deepening client relationships. He will also continue to play a key role in connecting DWS’s global investment capabilities with local client needs and strengthening collaboration between the Korea platform and the firm’s global network.
Lee brings more than two decades of experience with DWS, having joined the firm in 2003 as a Client Coverage Specialist for Korea. Over the years, he has contributed to expanding client segments, strengthening relationships, and delivering tailored investment solutions in the Korean market.
Prior to joining DWS, he held roles at HDC Asset Management and began his career at Kyobo-AXA Asset Management.
Commenting on the appointment, Wang said, "Tae‑Young’s appointment reflects DWS’s continued commitment to home-grown talent, leadership excellence and long‑term client partnership in one of our most strategically important markets. His deep market expertise, strong client‑centric mindset, and proven ability to connect global investment capabilities with local client needs uniquely position him to lead our Korea business into its next phase of growth."
"As we continue to strengthen our APAC franchise, Tae‑Young’s leadership will be instrumental in reinforcing trust, delivering differentiated solutions, and advancing DWS’s ambition to be a partner of choice for clients across the region," she added.
The leadership transition comes as DWS continues to strengthen its presence in Asia Pacific, with Korea remaining a key market in the firm’s regional growth strategy.