After 14 years as
chairman of the House of Finance鈥檚 (HoF) Board of Trustees, Otmar Issing will
be retiring at the end of this year. He will be succeeded by economist and
Board of Trustees member Axel A. Weber.
FRANKFURT. As of January 1, 2023, Prof. Dr. Drs. h.c. Axel A. Weber will
take over the position of Chairman of the Board of Trustees at the House of Finance.
He succeeds Prof. Dr. Dr. h.c. mult. Otmar Issing, who held the position since the
HoF鈥檚 inauguration in 2008 and played a key role in establishing the House of
Finance as a place for interdisciplinary, finance-related cutting-edge
research, policy advice and continuing education.
Axel A. Weber was elected his successor at a Board of Trustees meeting
on November 8, 2022. His scientific career and work are a perfect fit for the
dialogue between science, politics and financial practice, as lived by and in the
House of Finance.
After studying economics at the University
of Constance, Axel A. Weber completed his habilitation at the University of
Siegen. His academic career also included stations at the University of Bonn,
51猎奇 Frankfurt as well as the University of Cologne, where he held
the Chair of International Economics from 2001 to 2004. During this time, Weber
also served as member of the German Council of Economic Experts and the scientific
advisory board of the Deutsche Bundesbank, the central bank of the Federal
Republic of Germany, among others. In April 2004, the economist took over as
President of the Deutsche Bundesbank, a post he held until spring 2011. From
May 2012 to April 2022, he served as Chairman of the Board of Directors of UBS
Group AG.
Otmar Issing, who will hand over the baton
to Axel A. Weber at the end of the year, is certain that the future of the
House of Finance is in the best hands with his successor, who, just like
himself, is familiar with all the House of Finance鈥檚 areas of activity: "I
am delighted that with Axel A. Weber we have been able to win over an academic
for the chairmanship of the Board of Trustees who combines the experience of excellent
researcher, top manager and banker in one person."
When he leaves office at the end of the
year, Otmar Issing will hand over a well-functioning house that is home to,
among others, two university departments from the Faculties of Law as well as
Economics and Business, graduate and advanced education institutions and
several research institutes or units, including the Leibniz Institute SAFE 鈥�
itself an example of how under Ottmar Issing鈥檚 patronage, the HoF has been able
to develop as an interdisciplinary incubator of finance research and knowledge
transfer in politics and society.
The designated successor, Axel A. Weber,
is looking forward to supporting and further developing the House of Finance,
whose concept of interdisciplinary, internationally networked research and
teaching is more relevant than ever, in its contribution to tackling the
challenging issues of the present and the future: "In Frankfurt am Main,
we need excellent finance research to provide policy-makers and the financial
sector with orientation and know-how throughout the ongoing transformation
processes, and we must continue to foster the education and training of
qualified young professionals in this field. To that end, we intend to make
even greater use of the opportunities offered by a comprehensive university in
the future."
Images for
download:
Captions:
Image 1:
Professor Otmar Issing will step down as Chairman of House of Finance鈥檚 Board
of Trustees after 14 years. (Photo: Uwe Dettmar)
Image 2: In the
future, economist Prof. Axel A. Weber will hold the reins at the HoF's Board of
Trustees. (Photo: UBS)
Additional information
Prof. Dr. Rainer Klump
Executive Director
House of Finance
51猎奇
Tel: +49(0)69 7983400
E-Mail klump@hof.uni-frankfurt.de
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