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Ackermann says to resign from Siemens supervisory board

Reuters - UK Focus

BERLIN, Sept 12 (Reuters) - Former Deutsche Bank Chief Executive Josef Ackermann said he would step down from the supervisory board of German engineering conglomerate Siemens , where he is second deputy chairman.

"I have decided to step down from the supervisory board of Siemens (TLO: SIE.TI - news) . I will however retain all my other board seats." he told reporters in Berlin on Thursday.

He is also a member of the nomination and succession committee at Royal Dutch Shell (Xetra: A0ET6Q - news) where he is a non-executive director, and a director at Investor AB (Other OTC: IVSBY - news) , an investment company founded by Sweden's Wallenberg family.

Last month, Ackermann resigned from his position as chairman of Zurich Insurance (Xetra: A1JWRL - news) , following the suicide of the company's chief financial officer.