Dr Clemens Börsig
Chairman of the Supervisory Board
Deutsche Bank AG
Dr. Clemens Börsig is Chairman of the Supervisory Board of Deutsche Bank AG.
Before taking up his present position in May 2006, Clemens joined Deutsche Bank in 1999 as Executive Vice President and Chief Financial Officer, subsequently becoming Member of the Management Board and assuming the additional responsibility of Chief Risk Officer. Prior to his career at Deutsche Bank, Clemens spent almost three years at RWE AG, Essen, the leading German power company, where he was Member of the Management Board and Chief Financial Officer. He had previously worked for twelve years at Robert Bosch GmbH, Stuttgart, in various senior executive roles culminating as Member of the Management. Between 1977 and 1985, he was with Mannesmann Group, Düsseldorf, first in the Group Planning Department and subsequently, from 1983, as Chief Financial and Administrative Officer at Mannesmann-Tally.
Clemens was born in Achern/Baden. He is 61 years old, married and lives in Frankfurt am Main. After completing his studies of business administration and mathematics at Mannheim University in 1973, Clemens was Assistant Professor at the Universities of Mannheim and Munich from 1973 to 1977. He received his doctorate (Dr. rer. pol) from Mannheim University in 1975 and has held an honorary professorship from Munich University since 1995.
Besides his commitments at Deutsche Bank, Clemens has supervisory board mandates at Bayer AG, Daimler AG and Linde AG and is Member of the board of directors at Emerson Electric Company. He is also Member of the European Financial Services Round Table (EFR) and Trustee of the International Accounting Standards Committee Foundation (IASCF). Among his engagements in research, education and training Clemens is Chairman of the Supervisory Board of the European School of Management and Technology (ESMT), and Chairman of the Board of Trustees of Schule Schloss Salem e.V. His cultural activities include the Chairmanship of the Cultural Committee of German Business in the Federation of German Industries (BDI) e.V., membership of the Board of Directors of the New York Philharmonics, Chairmanship of the Board of Trustees of the Festspielhaus Baden-Baden e.V., as well as the function of Trustee of Friends of Bayreuth e.V.