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DWS chief exec says greenwashing allegations and personal attacks were a burden, ‘especially for my family’

Asoka Woehrmann to tell shareholders: ‘However unfounded all of these allegations may be, they have left their mark’

Last month influential proxy adviser Glass Lewis advised DWS shareholders to vote against Asoka Woehrmann's pay package, citing concerns over an ‘excessive’ base salary
Last month influential proxy adviser Glass Lewis advised DWS shareholders to vote against Asoka Woehrmann's pay package, citing concerns over an ‘excessive’ base salary Photo: Liesa Johannssen-Koppitz/Bloomberg/Getty Images

The outgoing chief executive of DWS will tell shareholders at its upcoming annual general meeting that greenwashing allegations made against him and the asset manager placed a burden on him and his family.

Asoka Woehrmann resigned as CEO of the asset manager on 1 June, hours after German authorities raided the Frankfurt offices of DWS and Deutsche Bank — also its majority shareholder — in relation to greenwashing allegations made against the asset manager.

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