Members of the Governing Board
Thomas J. Jordan, Chairman of the Governing Board, Zurich
Thomas J. Jordan was born in Bienne, Switzerland in 1963. After graduating from an academic secondary school (Wirtschaftsgymnasium) in Bienne, he studied economics and business studies at the University of Bern. He completed his degree in 1989 and his doctorate in 1993. He wrote his post-doctoral thesis (Habilitation) during a three-year post-doctoral research period at the Department of Economics at Harvard University in Cambridge, Massachusetts, USA. The University of Bern appointed him lecturer (Privatdozent) in 1998 and honorary professor in 2003. He lectures there in monetary theory and policy.
In 1997, Thomas J. Jordan joined the Swiss National Bank (SNB) in Zurich as an Economic Advisor in Department I. Two years later, he was appointed Assistant Director of the Economic Studies unit, and in 2002 he became Head of the Research unit. At the beginning of 2004, he was promoted to Director. With effect from mid-2004, the Swiss Federal Council appointed him an Alternate Member of the Governing Board. In this function, he headed the Financial Markets area in Department III (Money Market and Foreign Exchange, Asset Management, Risk Management and Financial Market Analysis). Effective May 2007, he was appointed Member of the Governing Board by the Federal Council. At the same time, he became Head of Department III (Financial Markets, Banking Operations and Information Technology). With effect from the beginning of 2010, the Federal Council appointed him Vice Chairman of the Governing Board and he took over management of Department II in Berne (Financial Stability, Cash, Finance and Risk). On 18 April 2012, Thomas J. Jordan was appointed Chairman of the Governing Board by the Federal Council with immediate effect and thereby also Head of Department I in Zurich (Economic Affairs, International Monetary Cooperation, Legal and Property Services, Secretariat General).
Thomas J. Jordan is Chairman of the Board of Directors of the SNB’s ‘StabFund’, the stabilisation fund, and Chairman of the G10 Central Bank Counterfeit Deterrence Group (CBCDG). He is also a member of the Board of Directors of the Bank for International Settlements (BIS) in Basel and the Steering Committee of the Financial Stability Board (FSB) as well as Chairman of the International Center for Monetary and Banking Studies (ICMB) in Geneva. He has published numerous articles on monetary theory and policy in leading international journals.
Thomas J. Jordan is married with two sons.
Jean-Pierre Danthine, Vice Chairman of the Governing Board, Berne
Jean-Pierre Danthine was born in Havelange, Namur, Belgium in 1950. He earned a Master’s Degree in Economics at the Université catholique de Louvain, Belgium and a PhD in Economics at the Carnegie Mellon University in Pittsburgh, Pennsylvania. From 1980 to 2009, Jean-Pierre Danthine was Professor of Macroeconomics and Finance at the University of Lausanne, Switzerland. He taught at Columbia University, New York, and was visiting professor at the Graduate Center of the City University of New York, the University of Southern California, Los Angeles, Université Laval, Québec, as well as the universities of Aix-Marseille, Toulon and Dijon.
Jean-Pierre Danthine is a Fellow of the European Economic Association and member of the Academia Europaea. He was a Research Fellow at the Center for Economic Policy Research (CEPR), London, and Associate Editor of Macroeconomic Dynamics and Finance Research Letters. He held the position of President of the Academic Council of the Swiss Training Center for Investment Professionals, was a member of the Council of the European Economic Association and a member of the Scientific Councils of the Centre pour la recherche économique et ses applications, Paris, the Centre de Recherche en Economie et en Statistique, Paris, and the Centre de Recerca en Economia Internacional, Universitat Pompeu Fabra, Barcelona. Moreover, he was a member of the Economics Commission of the Belgian Fonds National de la Recherche Scientifique and member of the Executive Committee of the Centre of Money and Banking Studies, Geneva.
From the year of its foundation in 2006 until 2009, Jean-Pierre Danthine was Managing Director of the Swiss Finance Institute, which collaborates closely with the leading Swiss universities, aiming to enhance cutting-edge, market-oriented research and teaching in the fields of banking and finance. He was formerly the Director of the International Center for Financial Asset Management and Engineering, Lausanne and Geneva, Vice-Rector of the University of Lausanne, Chairman of its Département d‘économétrie et d‘économie politique and Director of its Institute of Banking and Financial Management, now the Institute of Banking and Finance. He was also a member of the Executive Committee of CEPR, of the Macroeconomic Policy Group of the Centre for European Policy Studies (CEPS), Brussels, and of the Scientific Council of the European Science Foundation Network in Financial Markets. Furthermore, he was Associate Editor of the European Economic Review, the Journal of Empirical Finance and the Revue Finance.
His publications have appeared in Econometrica, in the Journal of Political Economy, the Review of Economic Studies, the Journal of Finance, the Journal of Economic Theory, the Journal of Public Economics, the European Economic Review, the Journal of Monetary Economics and many other journals.
With effect from the beginning of 2010, the Swiss Federal Council has appointed him a member of the Swiss National Bank‘s Governing Board and Head of Department III (Financial Markets, Banking Operations and Information Technology). On 18 April 2012, Jean-Pierre Danthine was appointed Vice Chairman of the Governing Board by the Federal Council and thereby also Head of Department II (Financial Stability, Cash, Finance and Risk).
Jean-Pierre Danthine holds dual Belgian/Swiss citizenship, is married and has two children.
Fritz Zurbrügg, Member of the Governing Board, Zurich
Fritz Zurbrügg was born in Zurich in 1960. After graduating from the Swiss School in Rome, Italy, he studied at the University of Bern, completing his degree in 1985 and his doctorate in 1989.
Also in 1989, Fritz Zurbrügg joined the Federal Finance Administration (FFA) in Berne. From 1992 to 1994, he worked for the International Monetary Fund (IMF) in Washington as an economist in the Africa Department, before returning to the FFA and assuming leadership of the IMF and International Finance section. From 1998 to 2006, he was Senior Advisor and Executive Director for Switzerland at the IMF in Washington, and represented the interests of Switzerland as well as those of Azerbaijan, the Kyrgyz Republic, Poland, Serbia/Montenegro, Tajikistan, Turkmenistan and Uzbekistan on the Executive Board. After returning to Berne, he headed the Fiscal Policy, Fiscal Equalisation, Financial Statistics section. In April 2010, he was appointed Director of the Federal Finance Administration by the Federal Council; his responsibilities included drawing up the Confederation budget and financial plan, the implementation of the debt brake, as well as liquidity and debt management of the Confederation. He also represented Switzerland in domestic and international committees of experts on fiscal policy.
With effect from August 2012, the Federal Council appointed him Member of the SNB’s Governing Board and Head of Department III (Financial Markets, Banking Operations and Information Technology).
Fritz Zurbrügg is married and father of three sons.