Former Chairman of the Management Board and Group Executive Committee
Dr. 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 a non-executive member of the board of directors of Royal Dutch Shell plc, Investor AB, and EQT Holdings AB; as well as vice-chairman of the board of directors of Belenos Clean Power Holding Ltd, and a member of the International Advisory Board of Akbank. Ackerman also serves as vice-chairman of the foundation board of the World Economic Forum, honorary chairman of the St. Gallen Foundation for International Studies, honorary senate member of the Foundation Lindau Nobelprizewinners Meetings at Lake Constance, vice chair of the board of trustees of The Conference Board, and advisory director at New York’s Metropolitan Opera, among other posts.
Ackermann studied economics and social sciences at the University of St. Gallen, where he earned his doctorate, and holds an honorary doctorate from the Democritus University of Thrace in Greece. Ackermann is also an honorary fellow of the London Business School, was visiting professor in finance at the London School of Economics, and was appointed honorary professor at the Johann Wolfgang Goethe University in Frankfurt.