Yannis Stournaras Explained

Yannis Stournaras
Native Name:Greek, Modern (1453-);: Γιάννης Στουρνάρας
Office:Governor of the Bank of Greece
Primeminister:Antonis Samaras
Alexis Tsipras
Vassiliki Thanou
Ioannis Sarmas
Kyriakos Mitsotakis
Term Start:20 June 2014
Predecessor:George Provopoulos
Office1:Minister of Finance
Primeminister1:Antonis Samaras
Term Start1:5 July 2012
Term End1:10 June 2014
Predecessor1:George Zanias
Successor1:Gikas Hardouvelis
Office2:Minister for Development, Competitiveness and Shipping
Primeminister2:Panagiotis Pikrammenos
Term Start2:17 May 2012
Term End2:21 June 2012
Predecessor2:Anna Diamantopoulou
Birth Date:10 December 1956
Birth Place:Athens, Greece
Party:Independent
Alma Mater:University of Athens (BA)
St Catherine's College, Oxford (MPhil, DPhil)

Yannis (or Giannis) Stournaras (Greek, Modern (1453-);: Γιάννης Στουρνάρας; born 10 December 1956) is a Greek economist who has been the Governor of the Bank of Greece since June 2014.[1]

Previously, he had been the Greek Minister of Finance from 5 July 2012[2] [3] serving until 10 June 2014.[4] As every Governor of an IMF member country, he is on the Board of Governors of the International Monetary Fund.[5]

Early life and education

Stournaras received his undergraduate degree in economics from the University of Athens in 1978. He received a Master's degree (MPhil) and doctorate (DPhil) in economic theory and policy from the University of Oxford in 1980 and 1982 respectively.[6] [7]

Academic career

From 1982 to 1986, Stournaras worked as a lecturer and research fellow at St Catherine's College, Oxford, and as a research fellow at the Oxford Institute for Energy Studies. He then returned to Greece where he worked as a special advisor to the Ministry of Finance from 1986 to 1989, to the Bank of Greece from 1989 to 1994, and for the Ministry of Finance again from 1994 to 2000.

Stournaras served as Chairman of the Council of Economic Advisers from 1994 to July 2000. In this capacity he helped formulate the Greece's macroeconomic policy in the run-up to Greece's accession to the European Monetary Union (Eurozone), and represented the Ministry of Finance at the Monetary Committee (now Economic and Financial Committee) of the European Union. He was also responsible for consultations with other international and supranational organisations such as the International Monetary Fund, the European Commission and the Organisation for Economic Co-operation and Development.

Stournaras has been a professor of economics at the University of Athens, which he joined in 1989. He is the director of the Foundation for Economic and Industrial Research (IOBE), a Greek think-tank.

Other activities

External links

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Notes and References

  1. http://www.ft.com/intl/cms/s/0/227df438-f18e-11e3-9161-00144feabdc0.html#axzz34yHO7YhW Stournaras confirmed as next Governor of the Bank of Greece
  2. News: Greek PM Samaras names prominent economist Yiannis Stournaras as new finance minister. Washington Post. 26 June 2012.
  3. News: Ο Γ. Στουρνάρας νέος υπουργός Οικονομικών . . 26 June 2012 . 26 June 2012 . el.
  4. News: Greek PM appoints economist Hardouvelis as new finance minister. 9 June 2014. Reuters. 9 June 2014.
  5. Web site: IMF Official Website - Board of Governors. I.M.F.. 19 June 2015.
  6. News: Yiannis Stournaras: A brief bio of the new finance chief. 8 October 2015. Kathimerini. 26 June 2012.
  7. Web site: Yannis Stournaras. Bank of Greece. 8 October 2015.
  8. http://www.eib.org/en/infocentre/press/news/all/appointment-of-the-members-of-the-appointment-advisory-committee.htm Appointment of the Members of the Appointment Advisory Committee
  9. https://www.esrb.europa.eu/pub/pdf/other/Perm_memb_GB.pdf Permanent members of the ESRB General Board
  10. http://www.imf.org/external/np/sec/memdir/members.aspx Members