Dr. Josef Ackermann
Dr. Josef Ackermann, born on February 7th, 1948, in the Swiss Canton of St. Gallen, is Chairman of the Management Board and of the Group Executive Committee of Deutsche Bank.
He studied Economics and Social Sciences at the University of St. Gallen, and in 1977 – after obtaining his doctorate – joined Schweizerische Kreditanstalt (SKA). In 1990, Ackermann was appointed to the Executive Board of SKA, becoming its President in 1993.
In 1996, Ackermann joined the Board of Managing Directors of Deutsche Bank, where he was responsible for the investment banking division. Under his leadership, this business unit developed into one of Deutsche Bank’s principal revenue sources and entered the top group of global investment banks. In 2002, he became Spokesman of the Board of Managing Directors and Chairman of the Group Executive Committee. He was appointed Chairman of the Management Board on February 1st, 2006.
Ackermann is a member of the Supervisory Board of Siemens AG, a non-Executive Member of the Board of Directors of Royal Dutch Shell plc and a member of the International Advisory Council of Zurich Financial Services Group. He also plays an active role in, among other things, the International Monetary Conference, the Initiative Finanzstandort Deutschland, the World Economic Forum and the Institute of International Finance.
