Yannis (or Giannis) Stournaras ( el, Γιάννης Στουρνάρας; born 10 December 1956) 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 who has been the Governor 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 ...

since June 2014. Previously, he had been the

Greek Minister of Finance The Ministry of National Economy and Finance ( el, Υπουργείο Εθνικής Οικονομίας και Οικονομικών) is the government department responsible for Greece's public finances. The incumbent minister is Kostis Hat ...

from 5 July 2012 serving until 10 June 2014. As every Governor of an IMF member country, he is on the Board of Governors of the

International Monetary Fund The International Monetary Fund (IMF) is a major financial agency of the United Nations, and an international financial institution, headquartered in Washington, D.C., consisting of 190 countries. Its stated mission is "working to foster globa ...

Early life and education

Stournaras received his undergraduate degree in economics from the

University of Athens The National and Kapodistrian University of Athens (NKUA; el, Εθνικό και Καποδιστριακό Πανεπιστήμιο Αθηνών, ''Ethnikó ke Kapodistriakó Panepistímio Athinón''), usually referred to simply as the Univers ...

in 1978. He received a

Master's degree A master's degree (from Latin ) is an academic degree awarded by universities or colleges upon completion of a course of study demonstrating mastery or a high-order overview of a specific field of study or area of professional practice.

(MPhil) and

doctorate A doctorate (from Latin ''docere'', "to teach"), doctor's degree (from Latin ''doctor'', "teacher"), or doctoral degree is an academic degree awarded by universities and some other educational institutions, derived from the ancient formalism ''l ...

(DPhil) in economic theory and policy from the

University of Oxford , mottoeng = The Lord is my light , established = , endowment = £6.1 billion (including colleges) (2019) , budget = £2.145 billion (2019–20) , chancellor ...

in 1980 and 1982 respectively.

Academic career

From 1982 to 1986, Stournaras worked as a lecturer and research fellow at

St Catherine's College, Oxford St Catherine's College (colloquially called St Catz or Catz) is one of the constituent colleges of the University of Oxford and is the newest college admitting both undergraduate and graduate students. Tracing its roots back to 1868 (although th ...

, and as a research fellow at the

Oxford Institute for Energy Studies The Oxford Institute for Energy Studies is an energy research institution which was founded in 1982, and serves a worldwide audience with its research, guides understanding of all major energy issues. It is a recognised independent centre of the U ...

. He then returned to Greece where he worked as a special advisor to the

Ministry of Finance A ministry of finance is a part of the government in most countries that is responsible for matters related to the finance. Lists of current ministries of finance Named "Ministry" * Ministry of Finance (Afghanistan) * Ministry of Finance and Eco ...

from 1986 to 1989, to the

from 1989 to 1994, and for the Ministry of Finance again from 1994 to 2000. Stournaras served as Chairman of the

Council of Economic Advisers The Council of Economic Advisers (CEA) is a United States agency within the Executive Office of the President established in 1946, which advises the President of the United States on economic policy. The CEA provides much of the empirical resea ...

from 1994 to July 2000. In this capacity he helped formulate the Greece's macroeconomic policy in the run-up to Greece's accession to the

European Monetary Union The economic and monetary union (EMU) of the European Union is a group of policies aimed at converging the economies of member states of the European Union at three stages. There are three stages of the EMU, each of which consists of progr ...

(

Eurozone The euro area, commonly called eurozone (EZ), is a currency union of 19 member states of the European Union (EU) that have adopted the euro (€) as their primary currency and sole legal tender, and have thus fully implemented EMU policies ...

), and represented the Ministry of Finance at the Monetary Committee (now Economic and Financial Committee) of the

European Union The European Union (EU) is a supranational political and economic union of member states that are located primarily in Europe. The union has a total area of and an estimated total population of about 447million. The EU has often been des ...

. He was also responsible for consultations with other international and supranational organisations such as the

, the

European Commission The European Commission (EC) is the executive of the European Union (EU). It operates as a cabinet government, with 27 members of the Commission (informally known as "Commissioners") headed by a President. It includes an administrative body o ...

and the

Organisation for Economic Co-operation and Development The Organisation for Economic Co-operation and Development (OECD; french: Organisation de coopération et de développement économiques, ''OCDE'') is an intergovernmental organization, intergovernmental organisation with 38 member countries ...

. Stournaras has been a professor of economics at the

, which he joined in 1989. He is the director of the Foundation for Economic and Industrial Research (IOBE), a Greek

think-tank A think tank, or policy institute, is a research institute that performs research and advocacy concerning topics such as social policy, political strategy, economics, military, technology, and culture. Most think tanks are non-governmental org ...

Other activities

European Investment Bank The European Investment Bank (EIB) is the European Union's investment bank and is owned by the EU Member States. It is one of the largest supranational lenders in the world. The EIB finances and invests both through equity and debt solutions ...

(EIB), Member of the Appointment Advisory Committee (since 2017) *

European Systemic Risk Board The European Systemic Risk Board () is a group established on 16 December 2010 in response to the ongoing financial crisis. It is tasked with the macro-prudential oversight of the financial system within the European Union in order to contrib ...

(ESRB), Ex-Officio Member of the General Board (since 2017) *

(IMF), Ex-Officio Member of the Board of Governors (since 2014)Members

(IMF).

References

, - 1956 births Finance ministers of Greece Governors of the Bank of Greece 21st-century Greek economists Greek government-debt crisis Living people National and Kapodistrian University of Athens alumni National and Kapodistrian University of Athens faculty Politicians from Athens 20th-century Greek economists {{Greece-bio-stub