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Josef Ackermann resigns after suicide of Zurich CFO: Ackermann a board member of Royal Dutch Shell

Zurich chairman Ackermann resigns over suicide of CFO

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ZURICH | Thu Aug 29, 2013 4:07am EDT

(Reuters) – Josef Ackermann, the chairman of Zurich Insurance (ZURN.VX) and former Deutsche Bank boss (DBKGn.DE), resigned on Thursday over the apparent suicide of the insurer’s chief financial officer, further roiling the top ranks of the firm.

Ackermann said the family of Pierrer Wauthier, who 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. read more

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