Dr. Josef Ackermann is Chairman of the Management Board and the Group Executive Committee of Deutsche Bank. In 1996, Ackermann joined the Board of Managing Directors of Deutsche Bank, where he was responsible for the investment banking division. Prior to Deutsche Bank, he was President of Schweizerische Kreditanstalt (today’s Credit Suisse). He is Chairman of the Board of Directors of the IIF and a member of the Supervisory Boards of Shell, Siemens, and Zurich Financial Services.