Richard Wohanka has left WestLB Asset Management only three years after joining it as chief executive, to take up the same role at Fortis Investment Management.
Luke Nunnely has taken over as chief executive of WestLB Asset Management. He was the head of marketing and Wohanka's right-hand man. He said: "I was with Wohanka for the last three years, building the business. That job has now been done and it's now a question of managing the business and growing it organically."