DIC Asset has announced plans to expand its management team, appointing four new business heads.

graefen

Graefen

Achim Gräfen (pictured) has been appointed as an additional managing director, responsible for DIC Asset's fund business, DIC Fund Balance. He will share the role with Ralph Andermann who assumed the newly created position in April of this year.

Also effective October 1, Andre Zahlten has been made head of corporate communications and marketing. Rutger Kaeding succeeds Markus Schürmann as head of corporate finance, while Judith Kederer will replace Birgit Rüdiger as head of human resources.

'With the appointment of Achim Gräfen, we have won an experienced real estate fund expert who has worked in executive positions for many years,' said CEO Aydin Karaduman.

'We are delighted that Achim Gräfen, Andre Zahlten, Rutger Kaeding and Judith Kederer will support our team with their expertise,' Karaduman added. 'Mr Kaeding and Mrs Kederer will continue the successful work of Markus Schürmann and Birgit Rüdiger, whom I thank for their excellent work and wish all the best for their future.'