Deutsche Asset & Wealth Management has appointed Brian Binder as managing director and president of the DWS Funds and Head of Fund Administration in the US.

In this role, Binder will represent Deutsche Asset & Wealth Management to the DWS mutual fund board, which oversees more than 70 retail funds with approximately $59 billion in assets. He will work closely with the funds’ independent board members to ensure optimal oversight of the funds’ management and operations.

"With almost two decades of industry experience spanning operations, strategic planning and implementation, Brian brings a wealth of knowledge and insight to our organization," said Jerry W. Miller, Head of Asset & Wealth Americas.

Binder joins Deutsche Asset & Wealth Management with 19 years of industry experience in mutual fund operations, strategic planning and implementation, product development, marketing and board relations. Most recently, he was head of business management and consulting at Invesco.