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Deutsche Bank boss Ackermann to resign in 2010 - Der Spiegel


Published :
Sun, 21 Jan 2007 12:50
By : Agencies
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BERLIN (XFN-ASIA) - Deutsche Bank chief executive Josef Ackermann told Der Spiegel magazine he will not seek an extension of his contract beyond 2010 and will resign that year.

'I'll be 59 this year and I have always said that my professional life ends at 62 at the latest,' he told the magazine when asked if he wanted his contract to be renewed when it expires in 2010.

He said he was not planning to join the bank's board after his resignation.

'I will not do that,' he said in the interview, which is to be published on Monday.

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