Graduate, Heilig Kreuz College, Germany, 1957.
With Morgan Guaranty Trust Company of New York, Frankfurt, Federal Republic Germany, 1966-1969, assistant vice president, 1969-1971, vice president Paris, 1971-1982, senior vice president for Central Europe New York City, 1982-1985. Vice chairman Morgan Guaranty Trust Company New York, since 1990. Also board directors Morgan Guaranty Trust Company of New York, New York City.
Vice chairman J.P. Morgan & Company, Inc., 1990—2000. General manager Saudi International Bank, London, 1975-1977. Chairman, supervisory board HypoVereinsbank, Munich.
Treasurer J. P. Morgan & Company Incorporated, New York York. Chairman supervisory board Bayerishce Hypo und Vereinsbank, AG, Munich, 1999—2003. Deputy chairman, supervisory board Bayerishce Hypo und Vereinsbank AG, since 2003.
Chairman supervisory board Deutsche Börse AG, Berlin, since 2005.
Member American Chamber of Commerce in Germany.
Married Felicitas Kempe, May, 1966. 1 child, Maximilian.