Deutsche Bank Appoints 6 Former Leaders to Advisory Board, 99 Year-Old US Secretary of State Henry Kissinger, Google CEO Eric Schmidt, PepsiCo Chair & CEO Indra Nooyi, MIT President Rafael Reif & co-CEO SAP Jim Hagemann Snabe

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Deutsche Bank Appoints 6 Former Leaders to Advisory Board, 99 Year-Old US Secretary of State Henry Kissinger, Google CEO Eric Schmidt, PepsiCo Chair & CEO Indra Nooyi, MIT President Rafael Reif & co-CEO SAP Jim Hagemann Snabe

3rd November 2022 | Hong Kong

Deutsche Bank (Germany’s largest bank) has appointed 6 former leaders to Deutsche Bank new advisory board, appointing 99 year-old Henry Kissinger (former United States Secretary of State), Eric Schmidt (former CEO of Google & Executive Chairman of Alphabet), Indra Nooyi (former Chair and CEO of PepsiCo), Rafael Reif (President of the Massachusetts Institute of Technology) & Jim Hagemann Snabe (Chairman of the Supervisory Board of Siemens, former Co-CEO of SAP).  Paul Achleitner, former Deutsche Chairman of the bank’s Supervisory Board is the founding Chairman of the Global Advisory Board.  Deutsche Bank: “Deutsche Bank’s Management Board has created a new Global Advisory Board comprising experts from business, academia and politics, whose task it is to advise the Management Board on fundamental macroeconomic, geopolitical and technological developments that have a significant impact on the bank’s operating environment.  The Global Advisory Board meets for the first time today in New York. In future, there will be two official meetings per year. Advisory Board members are also available to the Management Board with their advice between the meetings. Regular guests at the Advisory Board meetings will be Deutsche Bank Supervisory Board Chairman Alexander Wynaendts, Chief Executive Officer Christian Sewing and Chief Economist David Folkerts-Landau.”

“ Deutsche Bank Appoints 6 Former Leaders to Advisory Board, 99 Year-Old US Secretary of State Henry Kissinger, Google CEO Eric Schmidt, PepsiCo Chair & CEO Indra Nooyi, MIT President Rafael Reif & co-CEO SAP Jim Hagemann Snabe “

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Deutsche Bank Appoints 6 Former Leaders to Advisory Board

Deutsche Bank Supervisory Board Chairman Alexander Wynaendts:

“In a rapidly changing world, it is of great importance, especially for a global financial institution, to identify social, technological and geopolitical developments at an early stage in order to draw the right conclusions for our bank and its clients.”

Deutsche Bank Chief Executive Officer Christian Sewing:

“I am delighted that we have been able to recruit six experienced business representatives, politicians and academics for our new Global Advisory Board,” adds Christian Sewing. “Their insights will help us, as a Global Hausbank, to be a crucial partner for our clients on issues concerning the future.”

Paul Achleitner, Chairman of the Global Advisory Board:

“Economic activity is shaped more than ever by the technological revolution of our time. Added to that are the historic challenges of geopolitical tensions and a changed view of globalisation. The Advisory Board will develop ideas and proposals on how the bank and its clients can best navigate this environment, manage risks and seize the opportunities that arise.”

About Deutsche Bank

Deutsche Bank provides retail and private banking, corporate and transaction banking, lending, asset and wealth management products and services as well as focused investment banking to private individuals, small and medium-sized companies, corporations, governments and institutional investors. Deutsche Bank is the leading bank in Germany with strong European roots and a global network.

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