Caio Koch-Weser
Caio Kai Koch-Weser (born July 25, 1944 in Rolândia , Brazil ) is a financial expert and formerly a high-ranking German tax official. He was and is Vice President and Managing Director of the World Bank as well as State Secretary for Finance (1999–2005) of the German Federal Government . From 2006 to 2016 he was Vice Chairman for Deutsche Bank . In this role, he was responsible for strategy and advice to government and regulatory authorities and companies worldwide.
Life
Koch-Weser was born in Brazil ; his parents and grandparents left Bremerhaven in the era of National Socialism . His grandfather is the left-liberal DDP politician Erich Koch-Weser , who was Reich Minister of Justice (1928–1929) and Vice Chancellor (1920) in the Weimar Republic . As early as 1933 the family emigrated to Rolândia, Brazil, where Erich Koch-Weser built a coffee plantation and a German colony. After his school days there, Koch-Weser attended the Birklehof humanistic grammar school in Hinterzarten from 1961 . He then studied economics , sociology and history at the Westfälische Wilhelms-Universität Münster , the Free University Berlin and the Rheinische Friedrich-Wilhelms-Universität Bonn . He finished his studies with a degree in economics .
Koch-Weser is a German and a Brazilian citizen. He is married to Maritta Rogalla von Bieberstein Koch-Weser, who, like her husband, worked for 20 years of her professional life (1980–1998) at the World Bank and is now on the board of Earth3000 and GEXIE (Global Exchange for Social Investments) and on the German Board of Trustees Climate Foundation is. You have three children.
politics
From 1973 he worked for the World Bank, since 1991 as Vice President and since 1996 as Managing Director. In May 1999 he moved to the Federal Ministry of Finance in the Schröder I cabinet as State Secretary . In 2000 he was the federal government's first candidate for the position of Managing Director and Executive Chairman of the Board of Directors of the International Monetary Fund , but was rejected by the USA , and Horst Köhler was later elected.
economy
In October 2005, Koch-Weser announced that it would leave the Ministry of Finance at its own request. He switched to the private financial sector and had been on the extended board of Deutsche Bank since January 2006 . As Vice Chairman , he reported directly to the CEO and was available as an advisor to the extended Group Executive Committee and customers of the bank. This move to the private sector is currently being checked by the Federal Ministry of Finance for possible conflicts of interest. At the BMF he was previously responsible for bank controls, among other things. In his role as State Secretary, he had approved the controversial governance structure of Deutsche Bank, although the Justice Department had raised significant concerns.
In March 2008, the Berlin public prosecutor opened an investigation against the bank boss Josef Ackermann in the case of the state guarantee from Deutsche Bank for the Baltic Sea pipeline . This allegedly concerns the accusation of granting a criminal benefit to the also accused Koch-Weser.
Others
Koch-Weser is very well networked through his membership in various think tanks. From 1998 to 2007, he was a member of the advisory board and board of trustees of the non-profit Bertelsmann Foundation . He is on the Board of Trustees of the World Economic Forum (WEF) and on the board of the Brussels-based think tank BRUEGEL . He is also a member of the European Council on Foreign Relations think tank , the European Climate Foundation (ECF) and the Center for European Reform (CER).
literature
- Caio Koch-Weser , in: Internationales Biographisches Archiv 26/2006 of July 1, 2006, in the Munzinger archive ( beginning of article freely available)
- Appearance of purchasability . In: Der Spiegel , No. 5/2006.
- Michael Naumann : Caio Koch-Weser and the hypocrites . In: Die Zeit , No. 9 of February 23, 2006.
Web links
- Deutsche Bank press release on the move from Koch-Weser (January 2006)
Individual evidence
- ↑ Kirch initiates investigations against Ackermann through Spiegel Online , March 7, 2008.
- ^ Bertelsmann Stiftung: New organization of the management structure . In: Frankfurter Rundschau . September 30, 2000, p. 18 .
| personal data | |
|---|---|
| SURNAME | Koch-Weser, Caio |
| ALTERNATIVE NAMES | Koch-Weser, Caio Kai (full name) |
| BRIEF DESCRIPTION | German State Secretary |
| DATE OF BIRTH | July 25, 1944 |
| PLACE OF BIRTH | Rolândia , Brazil |