Sabine Mauderer is a member of the executive board of Deutsche Bundesbank and she is known for her work in encouraging banks to consider the impact of climate change on banks. She has also worked at the KfW Banking Group.

Sabine Mauderer - Member of the Executive Board of the Deutsche Bundesbank

Education and early career

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Mauderer was born in Schleswig-Holstein[1] in 1970.[2] Mauderer studied Law at Osnabrueck University and the University of Seville, graduating in 1998. In 2000, she earned a PhD in Law from Osnabrueck University. In 2009, Mauderer obtained an Executive MBA from ESSEC Business School and Mannheim Business School.[2][3] From 2003 until 2006, she worked at the German Federal Ministry of Finance on financial markets.[4] From 2004 to 2005, Mauderer was seconded to the German Embassy in Washington, D.C. In 2006, Mauderer joined the KfW Banking Group where she held several senior positions. In 2018, she was appointed to the Executive Board of the Deutsche Bundesbank.[5][6] In January 2022, she was appointed Vice-Chair of the Network for Greening the Financial System.[7]

Work

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Mauderer is responsible for the implementation of the European Central Bank’s monetary policy in Germany by Deutsche Bundesbank.[4] She believes that capital markets play an important role in financing the sustainable and digital transformation of the economy in Germany and Europe.[8] Mauderer has argued that public-private partnerships can be a feasible way to mobilise funds for the transition.[9] Mauderer has also made the case for more openness of businesses in Germany and supports a European capital markets union.[10] Mauderer has also argued that central banks need to address climate change because it poses risks to financial stability,[11][12] and she sees central banks as catalysts to make the financial system greener.[13][14] Mauderer oversaw several reports of the Network for Greening the Financial System that mapped out options for central banks to adjust their monetary policy to tackle climate change.[15][16]

Other activities

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  • German Federal Environmental Foundation (DBU), Member of the Board of Trustees (since 2024)[17]

References

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  1. ^ Ettel, Anja (26 July 2018). "Eine Frau fur den Vorstand der Bundesbank". Die Welt, Ausgabe Berlin; Berlin. p. 10 – via Proquest.
  2. ^ a b "Dr Sabine Mauderer Curriculum Vitae". Deutsche Bundesbank.
  3. ^ "Dr Sabine Mauderer Curriculum Vitae". Deutsche Bundesbank.
  4. ^ a b Mannweiler, Antonia; Schönauer, Inken (28 March 2020). "Eine Bundesbankerin im Krisenmodus". Frankfurter Allgemeine Zeitung. p. 26.
  5. ^ "KfW-Juristin Sabine Mauderer soll in den Bundesbank-Vorstand". Frankfurter Allgemeine Zeitung (in German). 26 July 2018 – via Proquest.
  6. ^ "Bundesbank-Vorstand: Olaf Scholz schlägt Sabine Mauderer vor". Der Spiegel. 25 July 2018.
  7. ^ ""Wir müssen umsteuern": Bundesbank-Vorstand Sabine Mauderer über die finanziellen Gefahren des Klimawandels, die Probleme von Nachhaltigkeits-Labels und ihre Unlust am Dienstwagen". Frankfurter Allgemeine Zeitung (online), Frankfurt. July 1, 2022 – via Proquest.
  8. ^ Neubacher, Bernd (1 October 2021). "Bundesbank erwärmt sich für Verbriefungen | Börsen-Zeitung". Börsen-Zeitung.
  9. ^ Breinich-Schilly, Angelika (21 April 2021). "Green Finance braucht durchdachte Klimapolitik". Springer Professional.
  10. ^ Sleegers, Anna (19 November 2019). "Mauderer wünscht sich mehr Vertrauen in Europa | Börsen-Zeitung". Börsen-Zeitung.
  11. ^ Pandey, Ashutosh (19 June 2019). "Climate change: Myopic stock markets deter green investments". Deutsche Welle.
  12. ^ Hartman, Adam (11 September 2023). "Bankers and politicians urged to jointly address climate change impacts". The Namibian; Windhoek West. – via Proquest.
  13. ^ Breinich-Schilly, Angelika (21 April 2021). "Green Finance braucht durchdachte Klimapolitik". Springer Professional.
  14. ^ Müller, Eva (9 January 2023). "Welche Frauen die Billionen für den Ökoumbau organisieren". www.manager-magazin.de.
  15. ^ Arnold, Martin (24 March 2021). "Top central banks identify nine ways to make their policies greener". Financial Times.
  16. ^ Randow, Jana (24 March 2021). "Central Bankers Weigh Using Monetary Policy in Climate Fight". Bloomberg.
  17. ^ Steffi Lemke beruft neue Mitglieder in das Kuratorium der Deutschen Bundesstiftung Umwelt Federal Ministry for the Environment, Nature Conservation, Nuclear Safety and Consumer Protection, press release of 12 June 2024.