Klaus Regling
Klaus Regling (born 3 October 1950) is a German economist and the current Chief Executive Officer of the European Financial Stability Facility (EFSF).[1] Regling has reportedly been considered as a possible head of the European Central Bank to succeed Jean Claude Trichet.[2]
Biography
Regling studied economics at the University of Hamburg, and after receiving his bachelor's degree went on to the University of Regensburg, where he earned a master's in the subject. In 1975 he began work in Washington, D.C. at the International Monetary Fund (IMF). In 1980 he left and spent a year with the German Banker’s Association before being hired by the German Ministry of Finance, where he remained until 1985. That year he returned to the IMF and worked both in Washington as well as in Jakarta, Indonesia. In 1991 Regling left the IMF once again and returned to the German Ministry of Finance, where he was named the Chief of the International Monetary Affairs Division. In 1993 he became the Deputy Director-General for International Monetary and Fiancial Relations and in 1995 the Director-General for European and International Financial Relations. He remained with the ministry until 1998, and the following year entered the private sector as the Managing Director of the Moore Capital Strategy Group in London.[3]
Regling was appointed the Director General of the European Commission's Economic and Financial Affairs directorate in 2001 and remained there till June 2008. From 2008 to March 2009 he was part of the Issing Commission, which was formed by Chancellor Angela Merkel to advise the government on financial regulatory reform. He also became chairman of the Brussels based KR Economics consultancy.[4] On July 1, 2010 he became head of the European Financial Stability Facility.[5]
References
- ^ "KLAUS REGLING CHIEF EXECUTIVE OFFICER, EUROPEAN FINANCIAL STABILITY FACILITY" (PDF). European Financial Stability Fund. Retrieved 2011-02-13.
- ^ Ewing, Jack (2011-02-11). "Head of German Central Bank Is Stepping Down". The New York Times. Retrieved 2011-02-13.
{{cite news}}: Italic or bold markup not allowed in:|publisher=(help); Unknown parameter|coauthors=ignored (|author=suggested) (help) - ^ "Klaus REGLING" (PDF). European Commission. Retrieved 2011-02-13.
- ^ "Biographies". Commission of Investigation into the Banking Sector of Ireland. Retrieved 2011-02-13.
- ^ "Chief bail-out officer". The Economist. 2010-07-01. Retrieved 2011-02-13.
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External links
- Interview with the Wall Street Journal