Paul Achleitner

CFO -- Allianz -- Germany

The Apr. 5 collapse of the proposed $30 billion merger of Deutsche Bank and Dresdner Bank could have been a major setback for Paul Achleitner, one of the deal's leading architects. But the chief financial officer of Allianz Group, Germany's mighty insurer, is unfazed. "The restructuring of corporate Germany will continue," he says. "Sharper global competition coupled with greater shareholder activism is driving the process forward. It won't come to a stop just because of the Deutsche-Dresdner debacle."

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