Deutsche Bank’s Boersig Will Retain Privileges, Die Welt Reports

Deutsche Bank AG (DBK) supervisory board chairman Clemens Boersig will retain privileges after stepping down at the end of the month, Die Welt reported, citing unidentified people close to the German bank.

Boersig will have an office in one of the company’s towers in Frankfurt and help his designated successor, Paul Achleitner, become acquainted with the post, the Berlin-based newspaper said. Boersig will be entitled to a driver and a secretary, according to the report.

Boersig will probably also lead the Deutsche Bank Foundation, which sponsors education, culture and other causes, pending approval of the move by the company’s management board, Welt reported.

To contact the reporter on this story: Nicholas Comfort in Frankfurt at ncomfort1@bloomberg.net

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

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.