Former Chairman of the Management Board and Group Executive Committee
Josef Ackermann is the former chairman of the management board and the group executive committee at Deutsche Bank. Ackermann joined Deutsche Bank’s board of managing directors in 1996, 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.
Prior to Deutsche Bank, Ackermann was president of Schweizerische Kreditanstalt (SKA). He is chairman of the Board of Directors of Bank of Cyprus, a nonexecutive member of the board of directors of Investor AB, and Renova Management AG, as well as of the International Advisory Bank of Akbank. Ackermann also serves as honorary chairman of the St. Gallen Foundation of International Studies, honorary senate member of the Foundation Lindau Nobelprizewinners Meetings at Lake Constance, and vice chair of the board of trustees of The Conference Board, among other posts.
Ackermann studied economics and social sciences at the University of St. Gallen, where he earned his doctorate, and he holds an honorary doctorate from the Democritus University of Thrace in Greece. He is also an honorary fellow of the London Business School. He has been a visiting professor in finance at the London School of Economics and was appointed an honorary professor at the Johann Wolfgang Goethe University in Frankfurt.