Deutsche Bank CEO and Former Chairman Rolf Breuer Passes at 86

Obituary for Former Business Leader

Breuer Shaped Deutsche Bank's Rise to Global Prominence

Rolf-Ernst Breuer, the former chief executive and chairman of Deutsche Bank AG, passed away on Wednesday, May 22, 2024, at the age of 86. Breuer played a pivotal role in shaping the bank's ascent to become one of the world's leading financial institutions.

Breuer joined Deutsche Bank in 1962 and quickly rose through the ranks, becoming CEO in 1989. During his tenure, he oversaw the bank's expansion into global markets, including the acquisition of Morgan Grenfell in 1990 and Bankers Trust in 1999.

Breuer also played a key role in the German banking industry, serving as chairman of the Association of German Banks and the Institute of International Finance. His leadership and insights were highly respected in both the business and political communities.