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Hans Tietmeyer

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Hans Tietmeyer (*18 August 1931 - †27 December 2016)

Hans Tietmeyer was President of the Deutsche Bundesbank from 1993 to 1999. He passed away on 27 December 2016 at the age of 85. His death led to an outpouring of tributes and media reporting both in Germany and abroad.

The Bundesbank held a memorial on 19 June to commemorate the former president’s achievements and legacy. The event was streamed live on the internet. Videos will follow shortly.

Photo gallery

German Table Tennis Champion 1954
Hans Tietmeyer (third from the right) and his team mates on the University of Cologne’s table tennis team became German University Champions in 1956.
Hans Tietmeyer in Saudi Arabia
As State Secretary of the Ministry of Finance, Hans Tietmeyer visited central bank governor Hamad Saud Al-Sayari in Riyadh in 1986.
Schlesinger-Tietmeyer and Helmut Schlesinger
The incoming Bundesbank President pictured with his predecessor – Hans Tietmeyer (left) succeeded Helmut Schlesinger as Bundesbank President in 1993.
Hans Tietmeyer
Hans Tietmeyer served at the Bundesbank from 1990 to 1999 – first as a member of the Executive Board, then as vice-president, and finally, from 1993-1999, as president.
Günter Rexrodt and Hans Tietmeyer
A ceremony was held in the Palmengarten in 1993 to mark the occasion of Hans Tietmeyer taking office as Bundesbank President. The guests included the Federal Minister for Economics at the time, Günter Rexrodt (left).
Pope Johannes Paul II and Hans Tietmeyer
In 1994, Bundesbank President Hans Tietmeyer visited Pope John Paul II in Rome and was subsequently appointed as a member of the newly founded Pontifical Academy of Social Sciences in Rome.
Helmut Kohl and Hans Tietmeyer
For his contribution to national and international economic and monetary policy, Bundesbank President Hans Tietmeyer was bestowed with the Grand Cross 2nd class of the Order of Merit of the Federal Republic of Germany in 1996 by the then Federal Chancellor Helmut Kohl.
Hans Tietmeyer, Jürgen Stark and Theo Waigel
Bundesbank President Hans Tietmeyer was joined by Bundesbank Vice-President Jürgen Stark and Federal Minister of Finance Theo Waigel (pictured from left to right) at the founding ceremony of the European Central Bank at the Alte Oper in Frankfurt am Main.
Introduction of the new 20 D-Mark
Hans Tietmeyer visited Münster in 1992 to mark the introduction of the new 20 D-Mark note featuring Annette von Droste-Hülshoff.
Jens Weidmann and Hans Tietmeyer
At the Deutsche Bundesbank’s first Open Day in 2014, Hans Tietmeyer spoke about the role of the Bundesbank in the Eurosystem (Bundesbank President Jens Weidmann (left) and Hans Tietmeyer (right)).

National and international press comments on the death of Hans Tietmeyer

11 results
  • Börsen-Zeitung vom 29.12.2016 "Hans Tietmeyer"

    “"ans Tietmeyer was an outstanding president, whose actions always followed clear and consistent lines aimed at maintaining monetary stability," said Bundesbank President Jens Weidmann.

    Hans Tietmeyer was dubbed the "Icon of monetary policy" for his time at the helm of the Bundesbank, which was initially characterised by recurring tensions in the European Monetary System.

  • Frankfurter Allgemeine Zeitung, 29 December 2016, "The last guardian of the D-Mark"

    As president, Hans Tietmeyer had the difficult task of leading the Bundesbank into a monetary union that it did not actually want and whose risks it had persistently warned against.

  • Frankfurter Allgemeine Sonntagszeitung, 1 January 2017, "The D-Mark’s greatest friend"

    Hans Tietmeyer is the most political president to have headed the Bundesbank since it was established precisely 60 years ago, on 1 January 1957.

    It was with dogged determination that he – first as a Bundesbank negotiator and, from October 1993 onwards, as president – successfully brought the German model of central bank independence to the European monetary union.

  • Frankfurter Neue Presse, 29 December 2016, "Icon of stable monetary policy"

    Hans Tietmeyer was the last Bundesbank President of the D-Mark era and one of the founding fathers of Europe’s single currency. 

    Tietmeyer succeeded Helmut Schlesinger as Bundesbank President and headed the central bank, based in Frankfurt, from 1993 to 1999. Insiders dubbed him the "Icon of monetary policy" or, in reference to legendary Chairman of the Federal Reserve Alan Greenspan, the "Greenspan of Europe".

  • Taunus-Zeitung, 29 December 2016, "In memory of Tietmeyer"

    As the last Bundesbank President [of the D-Mark era], Tietmeyer was one of the architects of the single currency. While he was convinced by the basic concept, Tietmeyer never left us in any doubt that it was nevertheless a source of some unease for him as the guardian of the D-Mark.

  • Frankfurter Rundschau, 29 December 2016 "The last guardian of the D-Mark dies"

    He headed the central bank, based in Frankfurt, from 1993 to 1999. Insiders dubbed him the "Icon of monetary policy". Former ECB President Jean-Claude Trichet attested that he personally had learned a great deal from Tietmeyer. Bundesbank President Jens Weidmann paid tribute to him as an outstanding president "whose actions always followed clear and consistent lines aimed at maintaining monetary stability".

  • Die Zeit, 28 December 2016, "The face of the hard Mark"

    Tietmeyer was the face of the hard Mark and of the concept of a central bank that safeguards monetary stability while remaining entirely free from political influence.

  • Financial Times on 29.12.2016

    Tietmeyer always considered it his duty to tell the truth to those in power.. His bluntness in international negotiations was legendary. At the Bundesbank, he rapidly established his credentials as a fighter against inflation.

  • Le Figaro, 29 December 2016, "Tietmeyer, one of the founding fathers of the euro, dies"

    Tietmeyer, a passionate advocate of price stability, was the most influential of all of the European central bankers who are regarded as the euro’s founding fathers and were involved in its conception in the 1990s. It is mainly thanks to him that the ECB – established on 1 July 1998, six months prior to the euro’s launch – is often referred to as a Bundesbank clone.

  • El Mundo, 31 December 2016, "One of the architects of the euro"

    A stickler for rules and resistant to change, Tietmeyer headed the German central bank with Prussian discipline from October 1993 to August 1999. The first phase of the euro was ushered in during his time in office, and he was involved in its launch as a member of the ECB Governing Council chaired by the then President Wim Duisenberg. An ardent supporter of the ordoliberal school of thought, Tietmeyer showed the same discipline in this role, too.

  • L’Unità, 29 December 2016 "Farewell to Hans Tietmeyer"

    A steadfast defender of monetary stability, he was regarded in the international arena as one of the most influential bankers in the world, with the ECB initially even being deemed a Bundesbank clone – such was the widespread recognition of his impact as a role model.

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