Joachim Nagel

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Joachim Nagel (* 31 May 1966 in Karlsruhe ) is a German economist and since 2020 member of the management of the Bank for International Settlements , after 2010-2016 Member of the Board of the Deutsche Bundesbank , and then from 2017 to 2020 board member of KfW banking group was .

Life

After graduating from high school, Joachim Nagel studied economics at the University of Karlsruhe (today Karlsruhe Institute of Technology (KIT) ). After graduating in 1991, he worked there as a research assistant at the chair of money and currency, interrupted by an activity as a consultant for economic and financial policy at the SPD party executive in Bonn from March to October 1994. In 1997 he became a member of the economics faculty of the University of Karlsruhe Dr. rer. pole. PhD. In 1998 he conducted research as part of a research project for the SEW Eurodrive Foundation in Washington, DC

In 1999, Nagel moved to the Bundesbank, initially as head of the office of the President of the then Landeszentralbank in Bremen, Lower Saxony and Saxony-Anhalt in Hanover , Hans-Helmut Kotz. Since 2003 he has been working at the headquarters of the Bundesbank in Frankfurt am Main . In 2008 he became head of the central markets department. In December 2010 he replaced the resigned Thilo Sarrazin on the board of the Deutsche Bundesbank. He resigned from the Board of Management of the Deutsche Bundesbank on April 30, 2016.

On November 1, 2016, he started as a general representative at KfW Bankengruppe. From 2017 to 2020, Nagel was a member of the Executive Board of KfW Bankengruppe, where he was responsible for international business. At the same time he was Chairman of the Supervisory Board of KfW IPEX-Bank and First Deputy Chairman of the Supervisory Board of DEG Deutsche Investitions- und Entwicklungsgesellschaft .

From 2018 to 2020 he was also a member of the Supervisory Board of Deutsche Börse AG .

On November 1, 2020, Nagel became a member of the management of the Bank for International Settlements as Deputy Head of the Banking Division. On December 20, 2021, his nomination as successor to Jens Weidmann in the presidency of the Deutsche Bundesbank became known.

Joachim Nagel is married and has two children. He is a member of the SPD .

Individual evidence

  1. ↑ Press release Deutsche Bundesbank. Bundesbank201, April 30, 2016, accessed July 28, 2016 .
  2. ↑ Dr. Joachim Nagel will start as a member of the Board of Management at KfW Bankengruppe on November 1st. Press release. KFW, KFW IPEX-BANK, October 26, 2017, accessed on December 20, 2020 .
  3. ↑ KfW board member Prof. Dr. Joachim Nagel moves to the Bank for International Settlements (BIS). Press release. KFW, May 20, 2020, accessed on November 15, 2021 .
  4. ↑ Prof. Dr. Joachim Nagel is leaving the Supervisory Board of Deutsche Börse AG at the end of June. Deutsche Börse Group, June 18, 2020, accessed on November 15, 2021 .
  5. ^ Joachim Nagel - Deputy Head of Banking Department. Bank for International Settlements, accessed November 15, 2021 .
  6. ↑ Joachim Nagel becomes the new Bundesbank President. In: The mirror. December 20, 2021, accessed December 20, 2021 .
  7. ↑ The great mystery of Weidmann's successor. In: Frankfurter Allgemeine. Retrieved November 15, 2021 .
personal data
SURNAME Nagel, Joachim
BRIEF DESCRIPTION German economist, board member of the Deutsche Bundesbank
BIRTH DATE May 31, 1966
PLACE OF BIRTH Karlsruhe