Karl Otto Pöhl

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Karl Otto Pöhl at a press conference in Bonn, 1990

Karl Otto Pöhl (born December 1, 1929 in Hanover ; † December 9, 2014 in Switzerland) was a German banker and state secretary who was President of the Deutsche Bundesbank from 1980 to 1991 .

education and profession

Karl Otto Pöhl studied economics at the Georg-August University in Göttingen and began his career in 1957 at the Ifo Institute for Economic Research in Munich . After working as a business journalist from 1961 to 1967 and at the Federal Association of German Banks from 1968 to 1969, he switched to the civil service in 1970 and was State Secretary under Federal Finance Ministers Helmut Schmidt and Hans Apel from 1972 to 1977. He then moved to the Deutsche Bundesbank as Vice President. In 1980 he succeeded Otmar Emminger as President of the Bundesbank. In 1991 he resigned from this post for personal reasons. The reason is often assumed to be the differences with Helmut Kohl regarding the procedure for economic reunification and, in particular, the determination of the exchange rate for the introduction of the D-Mark in the GDR . His successor as President of the Bundesbank was his long-time deputy, Helmut Schlesinger . In 1992 he moved to the Cologne-based private bank Sal. Oppenheim as a personally liable partner , and from 1993 to 1998 he was spokesman for the shareholders' committee.

Pöhl had been a member of the SPD since 1948 . In 2006, Pöhl said in an interview with Wirtschaftswoche that he had left the SPD a year earlier. The reason he gave was that the party had turned too much to the left in the last few decades, especially in terms of economic policy. In particular, he distanced himself from the positions of Andrea Nahles and Kurt Beck .

Other activities, honors and awards

Karl Otto Pöhl was awarded the following medals:

He has also been awarded honorary doctorates from the following universities:

He was involved in the board of trustees of the European Youth Parliament in Germany. V. and was President of the Center for Financial Studies from 1996 to 2006 .

Family and private

Karl Otto Pöhl had four children, two from his first and two from his second marriage. In 1974 he married Ulrike Pesch from Cologne. He last lived in Zurich.

Publications

  • Bayer in the world. Farbenfabriken Bayer AG, Leverkusen, 1958
  • Economic and social aspects of technical progress in the USA. Vandenhoeck & Ruprecht, Göttingen, 1967, ISBN 978-3525853405 .
  • Deutsche Mark where? Otto Schwarzer in conversation with Karl Otto Pöhl. Athenäum-Verlag 1981, ISBN 9783761081433 .
  • Capital, interest, currency. DIHT , 1984, OCLC 74626192 .

Web links

Commons : Karl Otto Pöhl  - Collection of images, videos and audio files

Individual evidence

  1. ^ Karl Otto Pöhl: Obituary notice Frankfurter Allgemeine: Lebenswege, December 12, 2014
  2. ^ Karl Otto Pöhl at Munzinger
  3. ↑ Karl Otto Pöhl is convinced: "The exchange rate was fatal" . In: Welt am Sonntag of August 29, 2004. Retrieved January 1, 2013
  4. ↑ Klaus Methfessel: An interview with ex-Bundesbank boss Karl Otto Pöhl: “In Europe we will soon be number one again” . In: Wirtschaftswoche, September 23, 2006.
  5. ^ Entry Pöhl, Karl Otto . In: Munzinger Online / Personen - Internationales Biographisches Archiv, 21/1998 from May 11, 1998. Supplemented by news from MA-Journal up to week 39/2006. Retrieved July 10, 2011.
  6. ^ Karl Otto Pöhl: Former President of the Center for Financial Studies
  7. ^ At the age of 85: Ex-Bundesbank President Pöhl died . Spiegel Online, December 10, 2014.
personal data
SURNAME Pöhl, Karl Otto
BRIEF DESCRIPTION German banker and civil servant, President of the Deutsche Bundesbank
DATE OF BIRTH December 1, 1929
PLACE OF BIRTH Hanover
DATE OF DEATH December 9, 2014
Place of death Switzerland