Martin Schlegel | |
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 Schlegel in 2020 | |
| Born | Martin Reto Schlegel 20 August 1976 |
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| Title | Chairman of the Governing Board of the Swiss National Bank |
| Term | 2024–present |
| Predecessor | Thomas Jordan |
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| Spouse | Nicole Brändle |
| Children | 3 |
Martin Schlegel (born 20. August 1976) [2] is a Swiss economist and Chairman of the Governing Board of the Swiss National Bank (SNB). [1]
Martin Schlegel studied economics at the University of Zurich and completed his studies in 2003 with a master's degree. [1] [3] Subsequently, he joined the Research Unit at the SNB followed by positions in the SNB's Financial Market Analysis and Money Market units. While working, he obtained a doctorate in economics from the University of Basel in 2009. [1] [4] Since 2010, he has been an adjunct professor at the University of Basel. [5] In the years 2015 and 2016 Schlegel also worked as an expert for the International Monetary Fund. [5]
After a proposal from the SNB's Bank Council, Schlegel was appointed as an Alternate member of the SNB's Governing Board by the Swiss Federal Council in June 2018. [3] [6] In May 2022, the Federal Council appointed Schlegel as the Vice-Chairman of the Governing Board of the Swiss National Bank. This also made him Head of Department II of the SNB. [7] [8] Later that year he was a speaker at the Forum for Financial Market Stability held by the Financial Market Authority Liechtenstein. [9]
In an interview in October 2023 Schlegel, talking about the Acquisition of Credit Suisse by UBS, said: "We don't have a mandate to rescue a bank." [10]
After the announcement of Thomas Jordans resignation in March 2024, [11] Schlegel was seen as the favourite for his position as Chairman of the SNB. [12] [13] [14] On 26 June 2024 the Federal Council elected Schlegel as the new Chairman following the recommendation of the Governing Board. [15] [16] He assumed the position on 1 October 2024. [17]
Schlegel is married to Nicole Brändle, who's the current director of HotellerieSuisse, [18] but will step down in June 2025 to avoid giving the impression of a conflict of interest with Schlegels promotion to director. [19] They have 3 children together. [12]
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Wir haben kein Mandat, eine Bank zu retten
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