Thomas Jordan (economist) explained

Thomas Jordan
Birth Name:Thomas Jordan
Birth Date:28 January 1963
Birth Place:Biel, Switzerland
Education:Gymnasium Alpenstrasse (High school)
University of Bern (BA)
Harvard University (MBA)

Thomas Jakob Ulrich Jordan (pronounced as /de-CH/; born 28 January 1963[1]) is a Swiss economist and central banker.[2] He is the chairman of the governing board of the Swiss National Bank, chairman of the Central Bank Counterfeit Deterrence Group, a member of the board of directors of the Bank for International Settlements, and a member of the steering committee of the Financial Stability Board.[3] [4] [5]

Jordan was born on 28 January 1963, in the city of Biel/Bienne. He studied economics and business studies at the University of Bern, completing his degree in 1989 and his doctorate in 1993. He wrote a post-doctoral thesis, on the subject of European Monetary Union and predicted the sovereign debt crisis and also the bank failures that eventually transpired, during three years he spent as a researcher at Harvard University in the United States. He was appointed a lecturer at the University of Bern in 1998, and an honorary professor in 2003.[3] [4] Jordan joined the Swiss National Bank as an economic advisor in 1997 and progressed through various roles. He joined the governing board as an alternate member in 2004 and became a full member in 2007. He was appointed chairman on 18 April 2012, following the resignation of Philipp Hildebrand from that role.[3] [5]

On 1 March 2024, Jordan announced his resignation in September 2024 as chairman of the governing board of the Swiss National Bank.[6] He will leave his role on October 1 2024 and be replaced by Martin Schlegel, the Swiss National Bank Vice President.[7]

Notes and References

  1. News: Profile-SNB Chairman Thomas Jordan . 28 May 2012 . Reuters.
  2. Web site: Swiss National Bank (SNB) - Members of the Governing Board from 1907 onwards. www.snb.ch.
  3. Web site: Thomas J. Jordan, Chairman of the Governing Board, Zurich . Swiss National Bank . 18 June 2013.
  4. News: New SNB chief: The Thinker from the second row . Financial Times Germany . 9 January 2012 . dead . https://web.archive.org/web/20120112033043/http://www.ftd.de/unternehmen/finanzdienstleister/:neuer-snb-chef-der-denker-aus-der-zweiten-reihe/60152097.html . 12 January 2012 . dmy-all .
  5. News: Swiss Central Bank Taps New Chairman . New York Times . 18 April 2012.
  6. News: 1 March 2024 . Thomas Jordan: SNB-Präsident tritt Ende September zurück . Thomas Jordan: SNB Chairman to step down at the end of September . 1 March 2024 . Nau.ch . de.
  7. Web site: swissinfo.ch . S. W. I. . 2024-06-26 . Swiss Pick Insider Schlegel to Lead SNB as Jordan Exits . 2024-06-26 . SWI swissinfo.ch . en-GB.