Ackermann May Become Zurich Financial Chairman, Finanz und Wirtschaft Says
By Giles Broom -
2011-11-19T16:03:58Z
The path is open for Deutsche Bank AG (DBK) Chief Executive Officer Josef Ackermann to become chairman of Zurich Financial Services AG (ZURN), Finanz und Wirtschaft reported, citing unidentified people in the Swiss insurance industry.
Ackermann, who is currently vice chairman of the insurer, said this week he will step down as CEO of Deutsche Bank at the end of May.
Spokeswomen for Deutsche Bank and Zurich Financial both declined to comment when called by Bloomberg News.
To contact the reporter on this story: Giles Broom in Geneva at gbroom@bloomberg.net
To contact the editor responsible for this story: Frank Connelly at fconnelly@bloomberg.net
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