Gertrude Tumpel-Gugerell

Ms Tumpel-Gugerell graduated in economics and social sciences from the University of Vienna (Master degree with honours in 1975, PhD in 1981). In 1975, she joined the Oesterreichische Nationalbank. From 1981 to 1984, Ms Tumpel-Gugerell served as Advisor in the Cabinet of the Minister of Finance. After re-joining the Oesterreichische Nationalbank, she held various positions (including Comptroller General in charge of developing strategic planning and auditing) and was nominated Vice Governor in 1998, being responsible for the Economics and Financial Markets Department. She was Austria’s Alternate Governor of the International Monetary Fund and member of the Economic and Finance Committee. In 2003 Ms Tumpel-Gugerell joined the European Central Bank as Member of the Executive Board, being responsible for market operations (between 2003 and 2006), for human resources, budget and organisation (since 2006) and for payment systems (since 2003). Ms Tumpel-Gugerell has published on issues of economic policy, financial stability and regulation and has addressed the public in many speeches.