Thomas Jordan (economist)
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Thomas J. Jordan (born 1963) is a Swiss economist and central banker. He is the chairman of the governing board of the
Swiss National Bank The Swiss National Bank (SNB; german: Schweizerische Nationalbank; french: Banque nationale suisse; it, Banca nazionale svizzera; rm, Banca naziunala svizra) is the central bank of Switzerland, responsible for the nation's monetary policy an ...
, chairman of the Central Bank Counterfeit Deterrence Group, a member of the board of directors of the
Bank for International Settlements The Bank for International Settlements (BIS) is an international financial institution owned by central banks that "fosters international monetary and financial cooperation and serves as a bank for central banks". The BIS carries out its work thr ...
, and a member of the steering committee of the
Financial Stability Board The Financial Stability Board (FSB) is an international body that monitors and makes recommendations about the global financial system. It was established after the G20 London summit in April 2009 as a successor to the Financial Stability Forum ...
. Jordan was born on 28 January 1963, in the city of
Biel/Bienne , french: Biennois(e) , neighboring_municipalities= Brügg, Ipsach, Leubringen/Magglingen (''Evilard/Macolin''), Nidau, Orpund, Orvin, Pieterlen, Port, Safnern, Tüscherz-Alfermée, Vauffelin , twintowns = Iserlohn (Germany) ...
. He studied
economics Economics () is the social science that studies the production, distribution, and consumption of goods and services. Economics focuses on the behaviour and interactions of economic agents and how economies work. Microeconomics analyzes ...
and business studies at the
University of Bern The University of Bern (german: Universität Bern, french: Université de Berne, la, Universitas Bernensis) is a university in the Swiss capital of Bern and was founded in 1834. It is regulated and financed by the Canton of Bern. It is a compreh ...
, completing his degree in 1989 and his doctorate in 1993. He wrote a post-doctoral thesis, on the subject of
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 prog ...
and predicting the
sovereign debt crisis A sovereign default is the failure or refusal of the government of a sovereign state to pay back its debt in full when due. Cessation of due payments (or receivables) may either be accompanied by that government's formal declaration that it wi ...
and also the
bank failure A bank failure occurs when a bank is unable to meet its obligations to its depositors or other creditors because it has become insolvent or too illiquid to meet its liabilities. A bank usually fails economically when the market value of its asset ...
s that eventually transpired, during three years he spent as a researcher at
Harvard University Harvard University is a private Ivy League research university in Cambridge, Massachusetts. Founded in 1636 as Harvard College and named for its first benefactor, the Puritan clergyman John Harvard, it is the oldest institution of high ...
in the
United States The United States of America (U.S.A. or USA), commonly known as the United States (U.S. or US) or America, is a country primarily located in North America. It consists of 50 states, a federal district, five major unincorporated territori ...
. He was appointed a lecturer at the University of Bern in 1998, and an honorary professor in 2003. Jordan joined the Swiss National Bank as an economic advisor in 1997, and progressed through various roles. He joined the governing board as an alternate member in 2004 and became a full member in 2007. He was appointed chairman on 18 April 2012, following the resignation of Philipp Hildebrand from that role.


References

1963 births Living people Chairmen of the Board of Swiss National Bank Swiss economists {{Switzerland-economist-stub