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Dr Klaus Albrecht

CEDA is saddened to hear of the passing of Dr Klaus Albrecht.

Dr Albrecht was a long-time supporter and contributor to CEDA. His involvement with CEDA began in the 1980s when he was head of Deutsche Bank Australia. He was an original member of the CEDA Board of Governors. Dr Albrecht was made a CEDA Honorary Life Member in 2013 in recognition of the significant contribution he made to CEDA.

“Dr Albrecht was a very active member of CEDA and extremely well regarded by all who dealt with him from CEDA staff right through to his contemporaries on the CEDA Board of Governors,” CEDA CEO Professor the Hon. Stephen Martin said.

“Our condolences go to his wife Christina and his family.”

Dr Albrecht was born in Berlin and was educated in history, economics and law at the Universities of Berlin, Frankfurt and Paris. He worked as a lawyer in Frankfurt from 1965-1969 before joining Deutsche Bank AG as Senior Vice President working in Tokyo, the US, Middle East and Africa.

In 1985 he established Deutsche Bank Australia in Melbourne and Sydney. From 1989 to 1994 Dr Albrecht was joint group CEO at Deutsche Bank UK and from 1994 - 2003 CEO, MD and Vice Chairman of Deutsche Bank Group Australia and New Zealand. He was also a member of the Executive Board of Deutsche Bank Asia Pacific (Singapore, Hong Kong and Tokyo).

Other key positions held by Dr Albrecht included non-executive Director of Koeppern Machinery Australia; Walter Constructions Group; Deutsche Holdings Australia; Member of the Business Council of Australia; Director and Vice Chairman of the International Banks and Securities Association of Australia; Vice Chairman /Chairman of the Australian Chamber of Industry and Commerce and Vice President of the Australian-German Association (AGA).

His obituary can be accessed here.