Thomas Jordan (economist)

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Thomas Jakob Ulrich Jordan (Swiss Standard German pronunciation: [ˈtoːmas ˈjaːkɔb ˈʊlrɪç ˈjɔrdan]; born 28 January 1963[1]) is a Swiss economist and central banker.[2] He is the former 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]

Thomas Jordan
Jordan in 2015
Born
Thomas Jordan

(1963-01-28) 28 January 1963 (age 61)
Biel, Switzerland
EducationGymnasium Alpenstrasse (High school)
University of Bern (BA)
Harvard University (MBA)
Occupations
  • Economist
  • Banker
Title

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] His successor Martin Schlegel assumed the position on 1 October 2024.[7]

Jordan is married and has two sons.[8]

References

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  1. ^ "Profile-SNB Chairman Thomas Jordan". Reuters. 28 May 2012.
  2. ^ "Swiss National Bank (SNB) - Members of the Governing Board from 1907 onwards". www.snb.ch.
  3. ^ a b c "Thomas J. Jordan, Chairman of the Governing Board, Zurich". Swiss National Bank. Archived from the original on 27 September 2024. Retrieved 18 June 2013.
  4. ^ a b "New SNB chief: The Thinker from the second row". Financial Times Germany. 9 January 2012. Archived from the original on 12 January 2012.
  5. ^ a b "Swiss Central Bank Taps New Chairman". New York Times. 18 April 2012.
  6. ^ "Thomas Jordan: SNB-Präsident tritt Ende September zurück" [Thomas Jordan: SNB Chairman to step down at the end of September]. Nau.ch (in German). 1 March 2024. Retrieved 1 March 2024.
  7. ^ swissinfo.ch, S. W. I. (26 June 2024). "Swiss Pick Insider Schlegel to Lead SNB as Jordan Exits". SWI swissinfo.ch. Retrieved 26 June 2024.
  8. ^ Monaghan, Angela (15 January 2015). "Thomas Jordan - 'the most hated man in foreign exchange?'". The Guardian.