Boards and committees

Management Board

The Management Board is responsible for managing the company. Its members are jointly accountable for the management of the company. The Management Board has, as its prime responsibility, the Group's strategic management, resource allocation, financial accounting and reporting, risk management, and corporate control.

Supervisory Board

The Supervisory Board oversees and advises the Management Board in its management of Deutsche Bank. Major decisions affecting the Bank require Supervisory Board approval. The Supervisory Board appoints the members of the Management Board and creates succession plans for the Management Board. It may specify more extensive information and reporting duties for the Management Board beyond what is required by law. The Supervisory Board reviews the efficiency of its work on a regular basis.

Committees of the Supervisory Board

The Supervisory Board has established standing committees.

Global Advisory Board 

The Global Advisory Board advises the Management Board of Deutsche Bank on fundamental macroeconomic, geopolitical and technological developments that have a significant impact on the bank's operating environment. Members of the Board are: 

  • Paul Achleitner (Chairman), former Chairman of the bank’s Supervisory Board
  • Henry Kissinger, former US Secretary of State 
  • Eric Schmidt, former CEO of Google and Executive Chairman of Alphabet 
  • Indra Nooyi, member of the Board of Directors of Amazon, member of the Supervisory Board of Philips, former Chair and CEO of PepsiCo 
  • Rafael Reif, President of the Massachusetts Institute of Technology (MIT) 
  • Jim Hagemann Snabe, Chairman of the Supervisory Board of Siemens, former Co-CEO of SAP