Otmar Issing

Otmar Issing (born 27 March 1936 in Würzburg) is a German economist who was a member of the Executive Board of the European Central Bank from 1998 to 2006 and concurrently ECB chief economist. He developed the 'two-pillar' approach to monetary policy decision-making that the ECB has adopted. Issing has been president of the Center for Financial Studies since 2006.