Hans Tietmeyer
Hans Tietmeyer | |
---|---|
President of the German Bundesbank | |
In office 1 October 1993 – 31 August 1999 | |
Preceded by | Helmut Schlesinger |
Succeeded by | Ernst Welteke |
Personal details | |
Born | Metelen, Province of Westphalia | 18 August 1931
Died | 27 December 2016 | (aged 85)
Nationality | German |
Alma mater | University of Münster University of Bonn University of Cologne |
Hans Tietmeyer (18 August 1931 – 27 December 2016) was a German economist and regarded as one of the foremost experts on international financial matters.[citation needed] He was president of Deutsche Bundesbank from 1993 until 1999 and remained afterwards one of the most important figures in finance of the European Union.[1]
Early life
Hans Tietmeyer was born on 18 August 1931 as the second of 11 children of a Roman Catholic family in Metelen (Westphalia). He graduated from Gymnasium Paulinum and initially studied Roman Catholic theology[2] before switching to economics at the University of Münster, University of Bonn and University of Cologne. Following an academic background of Alfred Müller-Armack and Ludwig Erhard he moved into international banking and economics. At the same time, he became expert at table tennis, winning medals at national championships.
Career
In 1962 Tietmeyer started his career in the
As part of the new government of
In 1988, members of the far-left Red Army Faction (RAF) fired at Tietmeyer’s Mercedes-Benz outside Bonn, striking the car numerous times but leaving Tietmeyer and his driver uninjured.[4]
Tietmeyer was nominated by the government of Chancellor Helmut Kohl to become a member of the board of directors of the Deutsche Bundesbank in 1990, with responsibility for international monetary issues, organisations and agreements. After two years as Vice President he became President of the Deutsche Bundesbank in 1993, a position he held until August 1999. Shortly after taking office at the Bundesbank, he was also appointed by Kohl as personal adviser for the negotiations with East Germany over the economic and monetary union between the two Germanies that preceded their political unification.[5]
Tietmeyer notably opposed the German government in 1997 over its plans to revalue the country's gold reserves to plug a budget shortfall.[6]
During Tietmeyer's tenure as president of the Bundesbank, the
Tietmeyer published more than 100 articles on the subject of economics and was the recipient of many prestigious awards and prizes and was a member of the Pontifical Academy of Social Sciences.
Later career
From January until March 2000, with former president Roman Herzog and former federal judge Paul Kirchhof, Tietmeyer led an independent commission to investigate the CDU donations scandal.[9] He later served on as president of the EBS University of Business and Law from 2000 until 2009.
Tietmeyer served as vice-chairman of the board of directors at the Bank for International Settlements (BIS) from 2003 until 2010. In addition, he held the following positions:
- Hauck & Aufhäuser, member of the supervisory board (since 2001)
- donum vitae, Member of the Board of Trustees (since 2001)[10]
- Depfa Bank, member of the supervisory board (2002–2008)
- Catholic University of Eichstätt-Ingolstadt, member of the board of trustees
- German Federal Environmental Foundation (DBU), member of the board of trustees
- German Doctors for Developing Countries, member of the board of trustees (2008–2016)
- Pontifical Academy of Social Sciences, member
Personal life
Tietmayer married Marie-Luise Flossdorf, with whom he had two children. After her death in 1978 he married Marie-Therese Kalff.[11]
References
- ^ Ehemaliger Bundesbankpräsident Tietmeyer gestorben (in German)
- New York Times.
- ^ Peter Norman (December 28, 2016), Hans Tietmeyer, central banker, 1931–2016 Financial Times.
- New York Times.
- ^ Peter Norman (December 28, 2016), Hans Tietmeyer, central banker, 1931–2016 Financial Times.
- ^ Former Bundesbank president Hans Tietmeyer dies aged 85 BBC News, 28 December 2016.
- ^ Peter Norman (December 28, 2016), Hans Tietmeyer, central banker, 1931–2016 Financial Times.
- ^ Marsh, David, "Arise, Draghi the optimist" (commentary), MarketWatch, December 24, 2012. Retrieved 2012-12-26
- ^ Kohl's Party Names Panel in Funds Probe Los Angeles Times, 15 January 2000.
- ^ Donum vitae gründet Stiftung Die Tageszeitung, 18 May 2001.
- ^ Peter Norman (December 28, 2016), Hans Tietmeyer, central banker, 1931–2016 Financial Times.
- "Prof. Dr. Dr. h. c. mult. Hans Tietmeyer" (in German). Catholic University of Eichstätt-Ingolstadt Theological Faculty. Archived from the original on 2005-12-29. Retrieved 2010-04-17.
External links
- Personal Web site (in German)
- Tietmeyer's page at the Pontifical Academy of Social Sciences Archived 2021-04-15 at the Wayback Machine