ZURICH (Reuters) – Josef Ackermann, the former Deutsche Bank boss, resigned on Thursday as chairman of Zurich Insurance over the apparent suicide of the Swiss insurer's chief financial officer.
Ackermann said the family of Pierre Wauthier (pictured), who had worked at Europe's No. 3 insurance group for 17 years, believed he shared some of the blame for his death.
“I have reasons to believe that the family is of the opinion that I should take my share of responsibility, as unfounded as any allegations might be,” he said in a statement on Thursday.
“As a consequence, I see the possibility of a continued successful board leadership to the benefit of Zurich called into question,” he said.
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