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Yannis (or Giannis) Stournaras (Greek: 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.[7] 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.[6]
Stournaras served as Chairman of the Council of Economic Advisers from 1994 to July 2000.[7] 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.[6]
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.[6]
Other activities
European Investment Bank (EIB), Member of the Appointment Advisory Committee (since 2017)[8]
European Systemic Risk Board (ESRB), Ex-Officio Member of the General Board (since 2017)[9]
International Monetary Fund (IMF), Ex-Officio Member of the Board of Governors (since 2014)[10]
References
Stournaras confirmed as next Governor of the Bank of Greece 11 June 2014
"Greek PM Samaras names prominent economist Yiannis Stournaras as new finance minister". Washington Post. Retrieved 26 June 2012.[dead link]
"Ο Γ. Στουρνάρας νέος υπουργός Οικονομικών". Kathimerini (in Greek). 26 June 2012. Retrieved 26 June 2012.
"Greek PM appoints economist Hardouvelis as new finance minister". Reuters. 9 June 2014. Retrieved 9 June 2014.
"IMF Official Website - Board of Governors". I.M.F. Retrieved 19 June 2015.
"Yiannis Stournaras: A brief bio of the new finance chief". Kathimerini. 26 June 2012. Retrieved 8 October 2015.
"Yannis Stournaras". Bank of Greece. Retrieved 8 October 2015.
Appointment of the Members of the Appointment Advisory Committee European Investment Bank (EIB), press release of February 6, 2017.
Permanent members of the ESRB General Board European Systemic Risk Board (ESRB).
Members International Monetary Fund (IMF).
Political offices | ||
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Preceded by
George Zanias
|
Minister of Finance 2012–2014 |
Succeeded by
Gikas Hardouvelis
|
Government offices | ||
Preceded by
George Provopoulos
|
Governor of the Bank of Greece 2014–present |
Incumbent |
Finance Ministers of Greece
|
|
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Military Junta (1967–1974) |
|
Third Hellenic Republic (since 1974) |
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Ancient Greece
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