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Group Executive Committee

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The Group Executive Committee was established in 2002. It comprises the members of the Management Board, the five Business Heads of our Group Divisions and the head of the management of our regions. Dr. Josef Ackermann, Chairman of the Management Board, is also the Chairman of the Group Executive Committee. The Group Executive Committee serves as a tool to coordinate our businesses and regions through the following tasks and responsibilities:

Provision of ongoing information to the Management Board on business developments and particular transactions;
Regular review of our business segments;
Consultation with and furnishing advice to the Management Board on strategic decisions; and
Preparation of decisions to be made by the Management Board.