Jörg Asmussen benoemd in Raad van Bestuur ECB (en)

Jörg Asmussen is appointed to the executive board of the European Central Bank

The European Council today adopted a decision appointing Jörg Asmussen (Germany) member of the executive board of the European Central Bank for a term of eight years as from 1 January 2012.

He will succeed Jiirgen Stark (Germany), who announced his resignation on 9 September. Mr Stark has agreed to remain in function until his successor takes up his responsibilities.

The executive board of the ECB is responsible for implementation of monetary policy for the euro area, as laid down by the governing council. It is composed of the President, a vice-president and four other members, all nominated for non-renewable terms of eight years. The governing council is composed of the six members of the executive board and the governors of the national central banks of the member states of the euro area.

Annex: Curriculum Vitae of Jörg Asmussen.

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Curriculum Vitae

Jörg Asmussen

Born in Flensburg in 1966

State Secretary at the German Federal Ministry of Finance

Professional Career

Since July 2008

March 2003 to June 2008

October 2002 to February 2003

July 1999 to October 2002

1998 to 1999

1996 to 1998

Since 1996

1994 to 1996

State Secretary at the Federal Ministry of Finance, responsible for:

• - 

  Directorate-General I (Fiscal Policy and Macro-economic Affairs)
• - 

  Directorate-General VII (Financial Market Policy)
• - 

  Directorate-General E (European Policy)

Head of Directorate-General VII Financial Market Policy

Head of Directorate E A

Responsible for core issues of European affairs; General financial issues relating to European affairs

Head of the Minister's Office and Private Secretary to the Federal Minister of Finance

Private Secretary to the State Secretary

State Secretary's responsibilities covered European affairs, monetary and credit issues, and international financial and monetary policy

Officer in the division for international economic and monetary development, the International Monetary Fund and economic summits

Federal Ministry of Finance, Berlin

Project manager in the field of European economic, social and labour market policy at the Cologne-based Institut für Sozialforschung und Gesellschaftspolitik GmbH, a sociological research institute

Memberships and Mandates

• - 

  Member of the EU Economic and Financial Committee and the Eurogroup Working Group
• - 

  Germany's G7 and G20 Finance Deputy
• - 

  Member of the Financial Stability Board
• - 

  Alternate Governor at the World Bank
• - 

  Alternate Governor at the European Bank for Reconstruction and Development
• - 

  Chairman of the General Council of Germany's Federal Financial Supervisory Authority
• - 

  Member of the Supervisory Board of Deutsche Telekom AG
• - 

  Member of the Supervisory Board of Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ)
• - 

  Germany's acting G20 Sherpa
• - 

  Chair of the G20 Working Group on the International Monetary System (IMS)
• - 

  World Economic Forum: Member of the Steering Board for the project on the future of the International Monetary System
• - 

  Member of the Group of Trustees of the Principles for Stable Capital Flows and Fair Debt Restructuring

Education

1991 to 1992

1988 to 1994

Master in Business Administration at Bocconi University, Milan

Studied economics at the University of Giefien and the University of Bonn Qualification: Diplom-Volkswirt (degree in economics); specialisation: monetary policy

2 September 2011

EUC