Axel A. Weber
| Axel A. Weber | |
|---|---|
Weber at the World Economic Forum Annual Meeting in 2013
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| 7th President of the German Bundesbank | |
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In office 30 April 2004 – 30 April 2011 |
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| Preceded by | Ernst Welteke |
| Succeeded by | Jens Weidmann |
| Personal details | |
| Born |
Axel Alfred Weber 8 March 1957 Kusel, Rhineland-Palatinate |
| Nationality | Germany |
| Alma mater |
University of Siegen University of Konstanz |
| Occupation | Economist, Professor, Banker |
Axel Alfred Weber, Prof., Dr. (born 8 March 1957) is a German economist, professor and banker. He taught at the University of Chicago Booth School of Business and is a board member and chairman of the Board of Directors of UBS. He was president of the Deutsche Bundesbank and a member of the European Central Bank Governing Council from 30 April 2004 to 30 April 2011. He is a member in the Group of Thirty.
Weber was born in Kusel. He studied economics and public administration at the University of Constance from 1976 to 1982, graduating with a Master's degree (Diplom) in economics.
Weber obtained a PhD in economics from the University of Siegen, in 1987. Thereafter, he pursued his scientific studies abroad at the University of London and Tilburg. Between 1992 and 1993, Weber spent an academic year in Washington, D.C. while teaching. In 1994, Weber received his habilitation in Economics from the University of Siegen, Germany. He also holds honorary doctorates from the University of Duisburg-Essen and the University of Constance.
From 1982 to 1988 Weber worked as research assistant in the field of monetary economics at the University of Siegen and was awarded a Doctorate in 1987. After gaining his Habilitation at the University Siegen in 1994, he was appointed Professor of Economic Theory at the University of Bonn and in 1998 he moved to the Goethe University Frankfurt. He was also the Director of the Center for Financial Studies in Frankfurt am Main from 1998 to 2001 and of the Center for Financial Research at the University of Cologne from 2001 to 2004. In 2001 he was appointed Professor of International Economics at the University of Cologne, and from 2002 to 2004 he was a Member of the German Council of Economic Experts. From 2002 until 2011 he was a member of the expert advisory panel to the Deutsche Bundesbank. Weber was also on the Board of Directors for the Bank for International Settlements (BIS), German governor of the International Monetary Fund and a member of the G7 and G20 Ministers and Governors during this time. From 2010 to 2011 he was also a member of the Steering Committees of the European Systemic Risk Board and the Financial Stability Board. From 2011 to 2012 he was a visiting professor at the University of Chicago Booth School of Business.
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