Berenberg appoints Manfred Schlumberger as CIO

Manfred SchlumbergerDr Manfred Schlumberger has been appointed chief investment officer at German private bank Berenberg, with effect from January 1, 2016.

Schlumberger will join from BHF-Bank, another German private bank, to head up Berenberg’s investment strategy and private asset management services.

He replaces Stefan Keitel, who will move to DekaBank, the provider of asset management and capital market solutions for the German Savings Bank Finance Group, at the start of 2016.

Schlumberger has held a managing director role at BHF Trust Management since 2001, with overall responsibility for conventional and individual asset management services. He also manages the BHF Flexible Allocation FT investment fund and acts as spokesman for the managing directors and head of asset management services.

Beginning his career at Dresdner Bank (acquired by Commerzbank in December 2009), Schlumberger has also worked for DIT and Frankfurter Volks­bank.

In his role at Berenberg, Schlumberger says he aims to keep the bank’s private banking moving forward by constantly providing strong performance.

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