Subject to approval by BaFin, Stefan Ciapanna (42) is to join the management of the Deka Group’s two real estate management companies Deka Immobilien Investment and WestInvest on 1 April 2025, taking over responsibility for the CRO & Steering Asset Management Real Estate division from Burkhard Dallosch (63), who will be departing from the management of both companies as of that date.
Ciapanna, who trained as a banker and holds a degree in business, joined DekaBank in 2012 after working in the financing departments of HSH Nordbank, Berenberg Bank and NORD/LB. He started his career here as a group manager before becoming a department head in portfolio management in the credit business in 2016 and head of the Credit Risk Management Financing department in 2019. In this role, he was responsible for the market-independent approval of loan applications and for risk monitoring, including the workout of a loan portfolio of around EUR 20 billion in the real estate, transport and infrastructure financing segments. He moved to Deka Immobilien in autumn 2024 to prepare for his new role in the management as part of the company’s succession plans.
Dr Matthias Danne, DekaBank’s Board Member for Asset Management and Chairman of the Supervisory Boards of Deka Immobilien Investment and WestInvest, comments on the change: “Stefan Ciapanna is an excellent candidate for the two management positions. He has a wealth of management and project experience, professional and analytical depth and a winning personality, which he combines with strong leadership. At the same time, we would like to thank Burkhard Dallosch, who has rendered outstanding services to Deka in the field of real estate asset management over the past 15 years and more and has been instrumental in the successful development of our two real estate management companies with great commitment and professionalism.”