Wöhrmann will assume a CEO designate role, supported by Patrizia’s founder and CEO Wolfgang Egger, before becoming sole CEO after “a short transition period”.
After the transition, Egger will focus on existing and future strategic client relationships and the strategic development of the company as a member of the board of directors. Egger remains the majority shareholder.
Following the completion of his term as Co-CEO, Thomas Wels will become a senior adviser to the company, mainly focusing on Asia-Pacific and Japan added.
Egger said Wöhrmann brings a comprehensive international leadership experience, in-depth knowledge of financial markets and the global asset management industry as well as a broad international client network to Patrizia.
Wöhrmann started his career as a research fellow and lecturer at the Technical University Vienna and the University of Magdeburg. In 1998 ,he joined DWS as a portfolio manager and later worked in various global leadership roles. In 2018 Wöhrmann became CEO and chairman of the managing directors of DWS Group and senior group director.
Patrizia said it has also appointed Slava Shafir to a newly created chief operating officer role.
Shafir began his career at Alex Brown & Sons as an IT sector financial analyst, before moving on to Deutsche Bank Investment and Wealth Management, where he served as head of digital and COO. In 2012 he joined Barclays Capital, as a CIO and later MD and COO in Barclays UK, before joining Barclays Venture Capital. In 2021, he joined Corsair Capital as an operating partner.
Egger said Shafir will bring his “expertise and strategic vision to help provide exceptional investment opportunities and solutions for our clients and drive the company’s continued growth and success”.
Egger added: “Both leaders complement our existing leadership team to successfully manage our next growth phase as a leading global real assets player.
”This in turn will allow me to concentrate on strategic client relations and the strategic development of the company also in my role as a member of the board of directors in the future.”
To read the latest edition of the latest IPE Real Assets magazine click here.