Paul Achleitner

Paul Achleitner, born in Linz in 1956, is an Austrian businessman who chaired the supervisory board of Deutsche Bank from 2012 to 2022. He studied business administration, economics, law and social sciences at the University of St. Gallen, where he also earned his doctorate, and held a visiting fellowship at Harvard Business School. He worked at Bain and Company and as managing director of the German subsidiary of Goldman Sachs, then joined Allianz in 2000 as chief financial officer and left in 2012. At Deutsche Bank he oversaw several changes of chief executive and faced votes to remove him in three successive years from 2018, and surveys ranked him the highest paid supervisory board head among Germany's 30 largest listed companies between 2016 and 2018. He has also sat on the boards of Bayer, Henkel, Daimler and RWE and teaches investment banking as an honorary professor at WHU.