Josef Ackermann
Encyclopedia
Josef Ackermann is a Swiss banker and chief executive officer
Chief executive officer
A chief executive officer , managing director , Executive Director for non-profit organizations, or chief executive is the highest-ranking corporate officer or administrator in charge of total management of an organization...

 of Deutsche Bank
Deutsche Bank
Deutsche Bank AG is a global financial service company with its headquarters in Frankfurt, Germany. It employs more than 100,000 people in over 70 countries, and has a large presence in Europe, the Americas, Asia Pacific and the emerging markets...

.

Ackermann agreed at the end of 2009 to continue as chief executive of Deutsche Bank for another three years until 2013.

Ackermann is a graduate of the University of St. Gallen
University of St. Gallen
The University of St. Gallen is a public research university located in St. Gallen, Switzerland. It is specialized in the fields of business administration, economics, law, and international affairs. The University of St. Gallen is also known as HSG, which is an abbreviation of its former German...

 (HSG). He was born in Mels
Mels
Mels is a municipality in the Wahlkreis of Sarganserland in the Seeztal, canton of St. Gallen, Switzerland.-History:Mels is first mentioned in 765 as Maile though this comes from a later copy of the original document. In 1018 it was mentioned as Meilis.-Geography:Mels has an area, , of...

, Canton of St. Gallen
Canton of St. Gallen
The Canton of St. Gallen is a canton of Switzerland. St. Gallen is located in the north east of Switzerland. It covers an area of 2,026 km², and has a population of . , the population included 97,461 foreigners, or about 20.9% of the total population. The capital is St. Gallen. Spelling...

, Switzerland
Switzerland
Switzerland name of one of the Swiss cantons. ; ; ; or ), in its full name the Swiss Confederation , is a federal republic consisting of 26 cantons, with Bern as the seat of the federal authorities. The country is situated in Western Europe,Or Central Europe depending on the definition....

.
He is married to Pirkko Mölsä.

Other responsibilities:
  • Second Deputy Chairman of Siemens AG
    Siemens AG
    Siemens AG is a German multinational conglomerate company headquartered in Munich, Germany. It is the largest Europe-based electronics and electrical engineering company....

  • Non Executive Director of Shell
    Royal Dutch Shell
    Royal Dutch Shell plc , commonly known as Shell, is a global oil and gas company headquartered in The Hague, Netherlands and with its registered office in London, United Kingdom. It is the fifth-largest company in the world according to a composite measure by Forbes magazine and one of the six...

  • Visiting professor of Finance at the London School of Economics
    London School of Economics
    The London School of Economics and Political Science is a public research university specialised in the social sciences located in London, United Kingdom, and a constituent college of the federal University of London...

  • Visiting professor at the Johann Wolfgang Goethe University
  • President of the Board of Trustees of the St. Gallen Foundation for International Studies
    St. Gallen Symposium
    The St. Gallen Symposium is an annual symposium on the campus of the University of St. Gallen, Switzerland which brings together distinguished leaders from business, science, and politics as well as some of the most talented youngsters from around the world...

  • President of the Board of Patrons of the Institute for Corporate Culture Affairs
    Institute for Corporate Culture Affairs
    The Institute for Corporate Culture Affairs , is a not-for-profit institute based in Frankfurt am Main, Germany, that assists companies in mainstreaming their corporate social responsibility activities...

  • Chairman of the Board of Directors of the Institute of International Finance
    Institute of International Finance
    The Institute of International Finance, Inc. is the world's only global association of financial institutions. It was created by 38 banks of leading industrialised countries in 1983 in response to the international debt crisis of the early 1980s...



According to the Financial Times Deutschland
Financial Times Deutschland
The Financial Times Deutschland is a German language financial newspaper based in Hamburg, Germany, and is published by Gruner + Jahr. The newspaper contains four sections: Business, Politics & Economy, Finance, and Agenda .Founded in February 2000, the circulation grew to 103,000 readers in the...

Ackermann earned €9.4m in 2009 and €8.8m in 2010. His included bonus in 2009 was €8.2m and €7.1m in 2010.
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