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Graduate Studies:

University of Cologne (1965 -1969) Master of Business Administration (Banking, Finance, Taxation)

Current Activities:

  • Member of the German Government Commission on Corporate Governance
  • Initiator and Member: German Panel on Corporate Governance (author of the Code of Best Practice for quoted German companies)
  • Member of the Capital Markets Committee of the German Ministry of Finance
  • World Bank - OECD Global Corporate Governance Forum: - Member of the Private Sector Advisory Group
  • International Corporate Governance Network (ICGN): Chairman 2005/2006
  • Chairman or Member of Boards of Directors:

    - DWS Investment GmbH, Frankfurt

    - Fraport AG, Frankfurt

    - The Germany Funds, New York (Chairman)

    - Hermes Focus Asset Management Europe Limited, London
  • Adviser for capital markets, corporate finance and asset management matters

    Professional Career:

    • Bank Training with Merck. Finck & Co. Munich (private bankers) (1962 -1964)
    • Corporate Finance and Asset Management Traineeships

      - Brown Brothers Harriman & Co., New York (1970- 1971)

      - Chemical Bank, New York

      - S.G. Warburg, London
    • Deutsche Bank Head Office Frankfurt: Investment Banking activities in Northern Europe (1972 -1982)
    • Deutsche Bank, London Branch: General Manager (incl. Asset Management) (1982 -1985)
    • Deutsche Bank, New York: Chief Executive Investment Banking North America (1986 -1991 )
    • DWS Investment GmbH, Frankfurt/Main (Germany's and Europe's leading mutual fund manager with assets of 120 billion): Managing Director and CEO (1991-1999)
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