Deutsche head in gender row

HEAD of Deutsche Bank, Josef Ackermann, waded into a gender war yesterday by saying that appointing more women to its executive board would make it “prettier and more colourful.”

Amid a debate on whether Germany should set quotas for women on the boards of major groups, Ackermann acknowledged there were none on the bank’s executive committee, a subordinate body to the board of directors. “But I hope it will be prettier and more colourful one day” when more women are named, he said to newspaper Handelsblatt.