Josef Ackermann

Josef Meinrad Ackermann (born 7 February 1948) is a Swiss banker, former Chairman of the Bank of Cyprus, and former chief executive officer of Deutsche Bank. He has also been a member of the Washington-based financial advisory body, the Group of Thirty. Early life He was born in Walenstadt, Canton of St. Gallen, Switzerland, raised in Mels in a Catholic home, and is a graduate of the University of St. Gallen (HSG). After studying economics and social Sciences at the University of St. Gallen in Switzerland, he continued his time there as a research assistant at the Department of Economics and went on to receive a doctorate in the subject. Career After leaving university Ackermann went to work in 1977 for the Swiss multinational investment bank Credit Suisse, which he left in 1996. In the same year he joined the board of directors of the Deutsche Bank in Frankfurt am Main. He served as chairman of the board from 2002 to 2012. In March 2019 the New York Times reported that Ackermann was aware of the business dealings between the New York branch of the bank and Donald Trump.