On 1 February 2015, Emanuel Mönch will take over as Head of the Research Centre of the Deutsche Bundesbank. He will succeed Heinz Herrmann, who is retiring at the start of 2015.

Mönch studied statistics at the École Nationale de la Statistique et de l'Administration Économique (ENSAE) in Paris and economics at Humboldt University in Berlin, where he later gained his doctorate. Mönch, who is 37 years old, has been working at the Research Group of the Federal Reserve Bank in New York since 2007, where he is currently a Research Officer. He also teaches as a visiting professor at the prestigious Columbia University in New York. Mönch has published articles in numerous renowned academic journals and has very close connections in academic circles.

The Research Centre of the Deutsche Bundesbank was founded in 2000. It has over 50 members of staff, including approximately 20 permanent employees, who carry out research on general economic topics and issues in the areas of banking supervision, financial stability and risk modelling. Numerous guest researchers also use the Research Centre's infrastructure. The results of research projects are published as discussion papers. The Research Centre's activities also include organising conferences, seminars and workshops.