Bloomberg News

Deutsche Bank’s Ackermann Sees Continuing Role in Euro Region

March 29, 2012

Josef Ackermann, who becomes chairman of Zurich Financial Services AG (ZURN) after stepping down as chief executive officer of Deutsche Bank AG (DBK), plans to continue to play a role in discussions about the euro region’s future.

“I get many requests in Europe and, of course, Germany,” Ackermann said today in an interview on the sidelines of the Zurich Financial annual general meeting in Zurich. “The experience that I have accrued in the last years, especially in the way in which Europe is administered, the challenges for the euro zone, there I want to continue to play a role.”

Ackermann is the chairman of the Institute of International Finance, the Washington-based global lobby group for financial companies that that led debt-swap negotiations for private creditors with Greece, until June 6 and leaves Deutsche Bank in May after a decade as CEO.

Ackermann will continue to engage with “the big European questions,” he said, adding his new role as chairman at Switzerland’s biggest insurer is a good combination with his continued involvement in Europe.

To contact the reporter on this story: Carolyn Bandel in Zurich at cbandel@bloomberg.net

To contact the editor responsible for this story: Frank Connelly at fconnelly@bloomberg.net


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