Women at the top


Increasing the percentage of women in senior management positions is a strategic initiative undertaken by German industry, inter alia to promote business success. To this end, all DAX-listed companies signed a mutual agreement in March 2011, committing themselves to setting realistic, company-specific and measurable objectives for the number of women in senior management positions, and making these public. Deutsche Bank Group plans to increase the proportion of its female senior executives at the Managing Director and Director level worldwide to 25 % by the end of 2018 and the proportion of female management staff (bearing the titles Managing Director, Director, Vice President, Assistant Vice President and Associate) to 35 % by the end of 2018, subject to alterations. We achieved our short-term goals of 17 % and 29.3 % for 2011 for both groups; even surpassing the second target by reaching 29.7 %.

Sponsored by Dr. Josef Ackermann, Deutsche Bank launched the ATLAS (Accomplished Top Leaders Advancement Strategy) program in 2009. Its goal is to equip a pool of senior female employees for top management positions in the bank. To date, half of all women who have participated in ATLAS thus far have assumed new or broader roles.

With our “Women on Boards” initiative we are aiming to increase the ratio of women on the boards of our subsidiaries and on regional advisory boards. We made further progress here in 2011. This year, Deutsche Bank took its highly regarded Women in Business Conference to Singapore, where we hosted the first-ever Women in Asian Business Conference.

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Deutsche Bank Annual Report 2011

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