Joachim Nagel

Joachim Nagel is a German economist who has been serving as President of the Bundesbank since 2022. Before he was a senior manager of the Bank for International Settlements since 2020, having been a member of the board of the Deutsche Bundesbank from 2010 to 2016 and then a member of the board of the KfW Bankengruppe from 2017 to 2020. He was appointed President of the Deutsche Bundesbank on 1 January 2022, to replace Jens Weidmann. He is a member of the Social Democratic Party of Germany (SPD), along with the President who appointed him to serve initially under SPD Chancellor Olaf Scholz.