Ackermann makes way for Anshu Jainhttps://indianexpress.com/article/news-archive/web/ackermann-makes-way-for-anshu-jain/

Ackermann makes way for Anshu Jain

Deutsche Bank chief Josef Ackermann officially stepped down on Thursday,ending a decade-long reign as head of Deutsche Bank,Germany’s biggest bank

Deutsche Bank chief Josef Ackermann officially stepped down on Thursday,ending a decade-long reign as head of Deutsche Bank,Germany’s biggest bank.

At the end of Deutsche Bank’s annual shareholder meeting at Frankfurt’s huge Messehalle exhibition hall,Swiss-born Ackermann,64,hands over the reins to his two successors,Anshu Jain and Juergen Fitschen.

Investment banker Jain is a 49-year-old British citizen of Indian origin while Fitschen,63,is German.