Dr. Josef Ackerman - Chairman’s Advisor
Mr. Ackermann (born 1948, Swiss Citizen) started his career as a banker in 1977 at Schweizerische Kreditanstalt (SKA), today's Credit Suisse. In 1990, he was appointed to the Executive Board, becoming its president in 1993. In 1996, Mr. Ackermann joined the Management Board of Deutsche Bank AG, where he became responsible for the investment banking division. From 2002 to 2012 he served a full decade, first as spokesman and later as chairman of the Management Board as well as the Group Executive Committee. During this time he led Deutsche Bank into the top ranks of the world's investment banks and steered it safely through the epochal financial crisis which broke out in 2007. At the same time, as chairman of the Institute of International Finance (IIF), the global association of banks, he was highly instrumental in helping to solve this crisis as well as the ensuing debt crisis in the Euro zone.
Besides his long career in banking Mr. Ackermann has been chairman of the Board of Directors at Zurich Insurance Group (2012/13), a ranking member of the Board of Directors at Royal Dutch Shell plc, vice-chairman of the Board of Directors at Siemens AG and vice-chairman of the Foundation Board at the World Economic Forum, among others.
Today, he still holds numerous mandates, amongst them as chairman of the Board of Directors of Bank of Cyprus, member of the Board of Directors at Investor AB and EQT Holdings AB, member of the Board of Directors at Renova Management AG, member of the International Advisory Board of Akbank and vice-chairman of the Board of Trustees of The Conference Board.
Mr. Ackermann gained a doctorate in economics and social sciences from the University of St. Gallen, Switzerland.