Head of Deutsche Bank to join EQT network

Swedish investment company Investor has proposed Ackermann become a member of its board, with the intention for him to take on a board and advisory role within EQT later this year.

Ackermann will step down as CEO of Deutsche Bank in May. He currently serves on the boards of Deutsche Bank, Institute of International Finance, Zurich Financial Services, Siemens, and Royal Dutch Shell.

Educated to doctoral level in Economics at the University of St Gilles, Ackermann launched his professional career at Schweizerische Kreditanstalt (later, Credit Suisse) in 1977. After holding various positions in Switzerland, London, and New York, he joined the management board of Deutsche Bank in 1996, responsible for the investment banking division.

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