Petros Christodoulou
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Petros Christodoulou ( el, Πέτρος Χριστοδούλου; born 1960) is a
Greek Greek may refer to: Greece Anything of, from, or related to Greece, a country in Southern Europe: *Greeks, an ethnic group. *Greek language, a branch of the Indo-European language family. **Proto-Greek language, the assumed last common ancestor ...
economist and banker.


Biography

Christodoulou was born in 1960. Christodoulou earned his
B.Sc. A Bachelor of Science (BS, BSc, SB, or ScB; from the Latin ') is a bachelor's degree awarded for programs that generally last three to five years. The first university to admit a student to the degree of Bachelor of Science was the University of ...
in
finance Finance is the study and discipline of money, currency and capital assets. It is related to, but not synonymous with economics, the study of production, distribution, and consumption of money, assets, goods and services (the discipline of fina ...
at the
Athens University of Economics and Business Athens University of Economics and Business (AUEB; el, Οικονομικό Πανεπιστήμιο Αθηνών, ''Oikonomiko Panepistimio Athinon'', abbrev. ΟΠΑ, OPA) was founded in 1920 in Athens, Greece and is the oldest university in Gre ...
in 1982, and his
MBA A Master of Business Administration (MBA; also Master's in Business Administration) is a postgraduate degree focused on business administration. The core courses in an MBA program cover various areas of business administration such as accounti ...
from
Columbia University Columbia University (also known as Columbia, and officially as Columbia University in the City of New York) is a private research university in New York City. Established in 1754 as King's College on the grounds of Trinity Church in Manhatt ...
in 1985, with a specialization in Finance and Global Markets. After his graduation he worked for
Credit Suisse First Boston Credit Suisse First Boston (also known as CSFB and CS First Boston) is the investment banking affiliate of Credit Suisse headquartered in New York. The company was created by the merger of First Boston, First Boston Corporation and Credit Suisse, ...
(CFSB) in
London London is the capital and largest city of England and the United Kingdom, with a population of just under 9 million. It stands on the River Thames in south-east England at the head of a estuary down to the North Sea, and has been a majo ...
. In 1987 Christodulou joined
Goldman Sachs Goldman Sachs () is an American multinational investment bank and financial services company. Founded in 1869, Goldman Sachs is headquartered at 200 West Street in Lower Manhattan, with regional headquarters in London, Warsaw, Bangalore, H ...
, working as Head of Money Markets Trading in Goldman Sachs London (1987–1988), and Head of Provincial Bond Trading at Goldman Sachs in
Canada Canada is a country in North America. Its ten provinces and three territories extend from the Atlantic Ocean to the Pacific Ocean and northward into the Arctic Ocean, covering over , making it the world's second-largest country by tot ...
. In 1989 Christodoulou joined J.P. Morgan in London, working as Head of European Derivatives Trading (1989–1994), and Head of European Proprietary Trading (1994–1995). In 1995 he was promoted to Managing Director, responsible for European Short Term Interest Trading (1995–1997), and emerging markets in
Europe Europe is a large peninsula conventionally considered a continent in its own right because of its great physical size and the weight of its history and traditions. Europe is also considered a Continent#Subcontinents, subcontinent of Eurasia ...
and
Africa Africa is the world's second-largest and second-most populous continent, after Asia in both cases. At about 30.3 million km2 (11.7 million square miles) including adjacent islands, it covers 6% of Earth's total surface area ...
(1997–1998). From 1998 to 2010, Christodoulou worked for the
National Bank of Greece The National Bank of Greece (NBG; el, Εθνική Τράπεζα της Ελλάδος) is a global banking and financial services company with its headquarters in Athens, Greece. 85% of the company's pretax preprovision profits are derived ...
(NBG), initially as the Group Treasurer and later as General Manager of Treasury, Global Markets and Private Banking of NBG. While working for the NBG, Christodoulou worked closely with his former employer Goldman Sachs and Chairman of the
Bank of Greece The Bank of Greece ( el, Τράπεζα της Ελλάδος , ΤτΕ) is the central bank of Greece. Its headquarters is located in Athens on Panepistimiou Street, but it also has several branches across the country. It was founded in 192 ...
Lucas Papademos Lucas Demetrios Papademos ( el, Λουκάς Παπαδήμος; born 11 October 1947) is a Greek economist and academic who served as 12th Prime Minister of Greece from November 2011 to May 2012, leading a national unity government in the wake ...
in organizing controversial financial operations which enabled Greece to join the
Euro The euro ( symbol: €; code: EUR) is the official currency of 19 out of the member states of the European Union (EU). This group of states is known as the eurozone or, officially, the euro area, and includes about 340 million citizens . ...
. On 25 February 2010,
Prime Minister of Greece The prime minister of the Hellenic Republic ( el, Πρωθυπουργός της Ελληνικής Δημοκρατίας, Prothypourgós tis Ellinikís Dimokratías), colloquially referred to as the prime minister of Greece ( el, Πρωθυ ...
George Papandreou George Andreas Papandreou ( el, Γεώργιος Ανδρέας Παπανδρέου, , shortened to ''Giorgos'' () to distinguish him from his grandfather; born 16 June 1952) is a Greek politician who served as Prime Minister of Greece from ...
appointed Christodoulou General Manager of the Public Debt Management Agency (PDMA). Upon his appointment to the post, the German magazine
Der Spiegel ''Der Spiegel'' (, lit. ''"The Mirror"'') is a German weekly news magazine published in Hamburg. With a weekly circulation of 695,100 copies, it was the largest such publication in Europe in 2011. It was founded in 1947 by John Seymour Chaloner ...
referred to Christodoulou as "Greece's Saviour." While General Manager of the PDMA, Christodoulou led the negotiations to restructure the Greek government debt, which resulted in a €106,5 bn debt reduction. Upon his departure from the PDMA in June 2012, Christodoulou was on 11 June 2012 appointed General Manager of International Activities of the NBG. On 28 June 2012 he was in addition elected an Executive Member of the Board of Directors and Deputy Chief Executive Officer of the NBG. Christodoulou is also Chairman of the NBG's Asset and Liability and the Disclosure and Transparency Committees and a Member of the NBG's Integration Steering Committee and the Risk Management, Strategy, Executive and Provision and Write Off Committees. He serves as a Member of the Investment Committee of Ethniki Hellenic General Insurance, the Foundation for Economic and Industrial Research and the board of
AEK Athens F.C. AEK FC ( el, ΠΑΕ A.E.K. ; Αθλητική Ένωσις Κωνσταντινουπόλεως; ''Athlitikí Énosis Konstantinoupόleos'', meaning ''Athletic Union of Constantinople'') is a Greek professional football club based in Nea Filade ...


See also

*
Carlos Moedas Carlos Manuel Félix Moedas (born 10 August 1970) is a Portuguese civil engineer, economist and politician of the Social Democratic Party (PSD). From 2014 until 2019, Moedas served as European Commissioner covering the portfolio of Research, S ...
*
Massimo Tononi Massimo Tononi (born 22 August 1964) is an Italian banker and politician. Chairman of Banco BPM. Biography Tononi was born on 22 August 1964 in Trento, Italy. He is the son of politician Giorgio Tononi and the brother of neuroscientist Giulio To ...


References

{{DEFAULTSORT:Christodoulou, Petros 1960 births Living people 20th-century Greek economists Greek bankers Columbia Business School alumni Credit Suisse First Boston Goldman Sachs people JPMorgan Chase people Greek government-debt crisis 21st-century Greek economists