DIC Asset AG (DIC) announced changes in the composition of its management board. In the meeting of DIC AG's supervisory board, Torsten Doyen (52), who will head the institutional business segment as CIBO, and Christian Fritzsche (45), who will head the new operations segment as COO, were appointed as new ordinary members of the management board of DIC AG. They will join Johannes von Mutius, CIO, and Sonja Wärntges, CEO and CFO, who will continue to serve in their capacities.

The board members Christian Bock (CIBO), currently responsible for the institutional business segment, and Patrick Weiden (CCMO), currently responsible for capital markets and M&A, will leave the management board of DIC AG by mutual agreement with effect from expiration of December 31, 2022. Torsten Doyen joined DIC AG in February 2021 and has been responsible for substantial parts of the institutional business segment as the managing director of GEG German Estate Group. A real estate management graduate and qualified savings bank professional, Torsten Doyen has many years of experience in working with corporate clients and institutional investors in the fields of conceptualization and sales as well as in the structuring, placing and managing of financial vehicles.

Christian Fritzsche, who holds a degree in business administration, has worked in the real estate industry for more than 20 years. He joined DIC AG in 2010 and currently serves as the managing director of DIC Onsite GmbH.