Tuesday, 19. February 2013, 18:15 – 20:00 h
At the University of Zurich, Rämistrasse 71, 8006 Zurich, KOL-G-201 (Aula)
Despite the strong Swiss franc, Switzerland has had a high surplus in its current account for years. This includes the flow of goods, labour and capital income as well as transfers between Switzerland and abroad. How can this be explained and what does it mean for monetary policy?
Thomas Jordan was Chairman of the Governing Board of the Swiss National Bank (SNB) from 2012 to 2024. He received his doctorate in economics from the University of Bern in 1993. After a post-doctoral fellowship at Harvard University, he joined the SNB in 1997 as an economic advisor and shortly afterwards took over as Head of the Research Unit. In 2004, Thomas Jordan became an Alternate Member of the Governing Board. The Federal Council appointed him Member of the Governing Board in 2007 and Vice-Chairman in 2010. He chaired the Board of Directors of the SNB's UBS Stabilization Fund (StabFund) from its establishment in 2008 until its dissolution in 2013.
Thomas Jordan was Governor of the International Monetary Fund (IMF) for Switzerland and a Member of the Board of Directors of the Bank for International Settlements (BIS). He represented Switzerland in the Plenary and the Steering Committee of the Financial Stability Board (FSB).
The University of Bern appointed Thomas Jordan as a lecturer in 1998 and as an honorary professor in 2003. The University of Basel awarded him an honorary doctorate in 2017.