Jens Weidmann — THE WORLD’S TOP BANKERS — 16 WHO MATTER « JO LEE MAGAZINE

 

Jens Weidmann

 

GERMANY

Jens Weidmann
Deutsche Bundesbank
President

At the age of 42, Jens Weidmann is the youngest person ever to head the Bundesbank.  He succeeded Axel Weber, who stepped down in April, 2011.  In addition to being President of the Bundesbank, Dr. Weidmann has a seat on the 17-member European Central Bank governing board.

Dr. Weidmann was born in Solingen, North Rhine-Westphalia.  He studied economics at the Université de Droit, d’Economie et des Sciences: Aix-Marseille III, and at the Rheinische Friedrich-Wilhelms University, Bonn, where Axel Weber was one of his doctoral dissertation advisers.  He had internships at the Bank of France and the National Bank of Rwanda.  In 1997 Dr. Weidmann joined the International Monetary Fund in Washington, DC.  From 1999 until 2003, Dr. Weidmann was Secretary General of the German Council of Economic Experts, and in 2003 joined the Bundesbank as Head of the Monetary Policy and Analysis Division, and Deputy Head of the Economics Department.

From 2006 until 2011, Dr. Weidmann was Head of the Department for Economic and Fiscal Policy at the Federal Chancellor’s Office.  As Angela Merkel’s top economic advisor, Dr. Weidmann worked on rescue plans for German banks and for carmaker Opel during the global economic crisis.  In this role, he has also been responsible for preparations for the world economic summits of the G8 and G20 countries.





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