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Press release

Berlin, June 30, 2011

Jörg Rocholl appointed acting president at ESMT

The supervisory board of ESMT European School of Management and Technology has appointed Jörg Rocholl acting president as of July 1, 2011. He will lead the school until a successor for Lars-Hendrik Röller has been selected. Lars-Hendrik Röller will be Chief Economic Policy Advisor to German Chancellor Angela Merkel as of July 1, 2011. Jörg Rocholl, ESMT Dean of Faculty and holder of the Ernst & Young Chair in Governance and Compliance, has been a professor at the international business school since 2007.

Under the leadership of Clemens Börsig, Chairman of the Supervisory Board of Deutsche Bank AG and Chairman of the Supervisory Board of ESMT, a committee made up of members of the ESMT faculty and academic board has begun an international search for candidates. Clemens Börsig commented, “We are focusing on candidates who have proven themselves with exceptional, internationally recognized research and who have gained substantial experience at a business school or similar institution.”

Michael Diekmann, Chairman of the Board of Management, Allianz SE, and Chairman of the ESMT Foundation Board of Trustees, said, “With its solid foundation, based on the positive growth, development, and successes of the past few years, ESMT is continually becoming more attractive for international academics. I am convinced that we will be able to introduce a fitting successor for Professor Röller in the near future.”

Lars-Hendrik Röller was president of the private business school from 2006-2011. During his tenure, ESMT’s faculty grew to 34 members from 20 countries, and the endowment was also increased substantially. Additionally, ESMT placed under the Top 10 business schools in Europe in the area of executive education for the first time this year according to the Financial Times ranking.

About ESMT

ESMT European School of Management and Technology was founded in October 2002 by 25 leading global companies and institutions. The international business school offers a full-time MBA, an executive MBA, and open enrollment and customized executive education programs. ESMT focuses on three main topics: leadership and social responsibility, European competitiveness, and the management of technology. Additionally the business school provides an interdisciplinary platform for discourse between politics, business, and academia. ESMT is based in Berlin, Germany, with an additional campus in Schloss Gracht near Cologne, where USW Netzwerk runs the German-speaking executive education programs of the business school. ESMT is a private business school, accredited by the German state, AACSB, AMBA, and FIBAA.