Deutsche Asset & Wealth Management poaches Goldman Sachs executive


new york 5_sqDeutsche Asset & Wealth Management has hired Goldman Sachs executive Caroline Kitidis as head of its key client partners and wealth investment advisory for the Americas.

Kitidis will lead a team that structures customized investment products for ultra high net worth clients in the Americas, including individuals and family offices.

Prior to joining Deutsche, Kitidis spent 15 years at Goldman Sachs, most recently as head of the Americas structured solutions group within private wealth management.

Head of global client group at Deutsche Asset & Wealth Management Dario Schiraldi said, “I am delighted a professional of Caroline’s caliber has joined our team to help provide ultra high net worth clients with comprehensive market access, high quality investment ideas, and swift execution.”

Kitidis will be based in New York and report to Schiraldi and Deutsche’s co-heads of wealth management in the Americas, Chip Packard and Haig Ariyan.

Deutsche Asset & Wealth Management had €944bn under management at the end of 2012.

Back in May Deutsche hired Lightyear Capital senior advisor Jerry Miller as head of asset and wealth management in the Americas.

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