

17 January 1957
Born in Röhl (Eifel)
1975
Abitur (A-level equivalent) at Staatliches St Willibrord Gymnasium, Bitburg
1975 - 1981
Studied economics at the universities of Mainz and Cologne
1982
Research assistant at the Monopolies Commission, Cologne
1983 - 1999
Economics and Information Department of Deutsche Girozentrale Frankfurt; from 1984 Head of Department and Chief Economist
11 May 1999 - 30 April 2002
President of the Land Central Bank of the Free Hanseatic City of Bremen, Lower Saxony and Saxony-Anhalt
Since 1 May 2002
Member of the Executive Board of the Deutsche Bundesbank
- 05/2002 - 04/2009
responsible for the Markets Department, the Information Technology Department and the Training Centre
- Since May 2009
responsible for the Financial Stability Department, the Markets Department and the Statistics Department
Contributions, as author as well as editor, to a number of books; articles, for example, in the “Revue d’Economie Financière”, “Kredit und Kapital”, “Zeitschrift für Betriebswirtschaft”, “Wirtschaftsdienst” and “Intereconomics”, referee, amongst others, for “Kredit und Kapital”, the “Journal of European Integration”, “Schmollers Jahrbuch – Journal for Applied Social Sciences Studies”, the “National Endowment for the Humanities”, Washington, etc.