Paul Achleitner

Paul M. Achleitner (born 28 September 1956, in Linz) is an Austrian businessman who has been chairman of the supervisory board of Deutsche Bank since 31 May 2012.
Education.
Achleitner studied Business Administration, Economics, Law and Social Sciences at the University of St. Gallen, where he also earned his doctorate. He also earned a master's degree in business administration from Harvard Business School.
Career.
Achleitner worked for Bain and Company and as the managing director of the German subsidiary of Goldman Sachs. In 2000, Achleitner joined Allianz AG as chief financial officer, where he was primarily responsible for finance and investments. He left Allianz in 2012 after his appointment to the chairman of the supervisory board of Deutsche Bank.
During Achleitner's first four-year tenure at Deutsche Bank, its stock price more than halved, weighed down by a string of legal issues and fines running to billions of euros. An internal investigation in 2016 cleared Achleitner of wrongdoing in connection with the bank's manipulation of interbank borrowing rates including Libor, which cost it a record $2.5 billion in fines from U.S. and British authorities. He retained the support of the bank's biggest shareholder, Qatari Sheikh Hamad bin Jassim bin Jaber Al Thani, and, in 2017, shareholders backed Achleitner's re-election to a second five-year term. From 2018 until 2020, he faced for three years in a row a vote to remove him from his post. Through his time in office, he oversaw multiple CEO changes, including Anshu Jain (2012-2015), Jürgen Fitschen (2012-2016), John Cryan (2015-2018) and Christian Sewing (since 2018).
According to various surveys, Achleitner was the highest paid supervisory board head at Germany's 30 biggest listed companies that make up the benchmark DAX index between 2016 and 2018. In August 2019 alson, he bought nearly 1 million euros of the bank's shares. In Munich, he shares an office with his wife Ann-Kristin Achleitner, Michael Diekmann, Joachim Faber and Peter Löscher.
Achleitner is an honorary professor of the WHU - Otto Beisheim School of Management in Vallendar, Germany, where he teaches a course in investment banking. He is also head of the Exchange Expert Commission, and a member of the German federal commission for the German Corporate Governance Code.
Personal life.
He is married to Ann-Kristin Achleitner, a professor of business at Technische Universität München.