Gertrude Tumpel-Gugerell | |
---|---|
Member of the Executive Board of the European Central Bank | |
In office 1 June 2003 –31 May 2011 | |
Preceded by | Sirkka Hämäläinen |
Succeeded by | Peter Praet |
Personal details | |
Born | Kapelln,Austria | 11 November 1952
Political party | Social Democratic Party |
Education | University of Vienna |
Gertrude Tumpel-Gugerell (born 11 November 1952 in Kapelln) is an Austrian economist who served as a member of the Executive Board of the European Central Bank from 2003 to 2011. She previously served as vice-governor of the Oesterreichische Nationalbank from 1998 to 2003. [1] She has been a member of the Council of the University of Leoben.
From 1998 until 2003,Tumpel-Gugerell served as vice governor of Austria's central bank Oesterreichische Nationalbank. During her time as member of the Executive Board of the European Central Bank,Tumpel-Gugerell was responsible for market operations,payment systems and market infrastructure as well as human resources,the budget,and organisation. [2]
Currently,Tumpel-Gugerell is an Emeritus Consultant at the Austrian Institute of Economic Research (WIFO). From 2013 until 2014,she also served as chairperson of the European Commission's expert group on a debt redemption fund and eurobills;in 2014,she submitted the group's final report to President JoséManuel Barroso and Vice-President Olli Rehn. [3] In 2016,the board of the European Stability Mechanism appointed her to assess the financial assistance programmes to Greece,Portugal,Ireland and Cyprus by the ESM and its predecessor,the European Financial Stability Facility;the appointment was made by Jeroen Dijsselbloem,head of the Eurogroup and de facto chairman of the ESM board,in conjunction with Klaus Regling,managing director of the ESM. [4] Tumpel-Gugerell presented her report in June 2017. [5]
In 2018,International Monetary Fund (IMF) Managing Director Christine Lagarde appointed Tumpel-Gugerell to the External Advisory Group on Surveillance,a group mandated to review the Fund's operational priorities through 2025. [6]
Tumpel-Gugerell is aligned with the Social Democrats (SPÖ). [7]
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