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Dr. Josef Ackermann's picture

Biography

Dr. Josef Ackermann

Josef Ackermann, born on February 7, 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 Directors and Chairman of the Group Executive Committee.

Ackermann is a member of the Supervisory Board of Bayer AG and Siemens AG. He also plays an active role in, among other things, the Initiative Finanzstandort Deutschland, the Institute of International Finance, the World Economic Forum, the International Students’ Committee of the University of St. Gallen, the World Trade Center Memorial Foundation and the Metropolitan Opera New York.

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