DWS CEO Stefan Hoops: This is how I deal with defeats

DWS CEO Stefan Hoops: This is how I deal with defeats

Stefan Hoops manages 933 billion euros.

Stefan Hoops manages 933 billion euros.
Lisa Kempke for Business Insider

Stefan Hoops, CEO of Germany's largest fund company, DWS, talks about his personal defeats and how he learned to deal with them. Find out how he started his career at Deutsche Bank and what advice he has for dealing with failure. Read all the details with BI+

  • Stefan Hoops, CEO of DWS, talks about his personal defeats and how he deals with them.
  • He emphasizes the importance of an honest and realistic assessment of one's own abilities.
  • Hoops advises dealing with failures positively and viewing decisions as the best possible ones at the time.

Stefan Hoops is CEO of DWS, Germany's largest fund company. He manages around 933 billion euros here. Hoops was already at the helm of the asset manager at the age of 42.

His CV seems perfectly planned: After studying business administration in Bayreuth and then completing his doctorate, he began his career at Deutsche Bank before rising to become CEO of DWS, the subsidiary of Germany's largest bank.

But things didn't always go according to plan for Hoops either. In the interview, he talks about his personal defeats and how he learned to deal with them.

Hoops was not accepted at the University of St. Gallen

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