This article is from the Australian Property Journal archive
LIDIA Tomova is the new CEO of Deutsche Bank’s local investment arm, DWS Australia.
Tomova, who has spent 20 years with DWS and Deutsche Bank in Australia and the United Kingdom will also be appointed as chairperson of DWS Investments Australia Limited (DIAL), and continue in her role as head of coverage, Australia and New Zealand.
She reports to Vanessa Wang, head of APAC and head of coverage, APAC.
Tomova succeeds Chris Robinson as CEO of DWS Australia. Robinson will continue to lead the liquid real assets business in the Asia Pacific region as head of real estate securities, APAC.
“With her wealth of experience, Lidia will be responsible for shaping the growth strategy of DWS Australia to enhance the brand’s presence and promote a culture of excellence, innovation and collaboration. Leveraging her in-depth knowledge of both the global franchise and the local market, Lidia will play a pivotal role in fostering connections between the Australian team and the DWS global network,” DWS Group said.
Tomova said, “I am excited and ready to take on a leadership role to grow DWS’ footprint in Australia. We see many opportunities for Australian clients to leverage the firm’s global investment expertise, research knowledge capability and client coverage.
“Australia is a mature investment market and continues to play a defining role in shaping and driving pension investments. My team and I look forward to forging more partnerships with investors locally.”
Tomova began her career in 2004 with Deutsche Bank’s global markets division in London, predominantly in client-facing sales roles.
Wang said, “Lidia’s leadership, experience and vision will be instrumental in driving our strategic objectives and enhancing the value we deliver to our clients and stakeholders in the local market.
“At the same time, we would like to honour Chris’ leadership and contribution to the business to date. Chris has played a key role in establishing and building our network and client reach in Australia over the past years.”
DWS’s local real estate holdings include the 88 Langridge Street office building in Melbourne’s Collingwood, which it acquired a year ago for $80 million, and the $260 million 15-level Fortitude Valley office tower at 895 Ann Street, on Brisbane’s CBD fringe.
