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Gerhard Schroder

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Gerhard Fritz Kurt Schröder (German: [ˈɡɛɐ̯haɐ̯t fʁɪts kʊɐ̯t ˈʃʁøːdɐ] (listen); born 7 April 1944) is a German politician who served as Chancellor of Germany from 1998 to 2005, during which his most important political initiative was Agenda 2010. As a member of the Social Democratic Party of Germany (SPD), he led a coalition government of the SPD and the Greens.
Before becoming a full-time politician, he was a lawyer, and before becoming Chancellor he served as Prime Minister of Lower Saxony (1990–1998). Following the 2005 federal election, which his party lost, after three weeks of negotiations he stood down as Chancellor in favour of Angela Merkel of the rival Christian Democratic Union. He is currently the chairman of the board of Nord Stream AG and of Rosneft, after having been hired as a global manager by investment bank Rothschild, and also the chairman of the board of football club Hannover 96.