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Martin Schlegel

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Martin Schlegel
BornMartin Reto Schlegel
(1976-08-20) 20 August 1976 (age 48)
🎓 Alma mater
💼 Occupation
TitleVice-Chairman of the Governing Board of the Swiss National Bank
Term2022-present
PredecessorFritz Zurbrügg [de][1]
Board member of
[2]
👩 Spouse(s)Nicole Brändle
👶 Children3


Martin Schlegel (born 20. August 1976)[3] is a Swiss economist and Vice-Chairman of the Governing Board of the Swiss National Bank (SNB).[2]

Education and Business career[edit]

Martin Schlegel studied economics at the University of Zurich and completed his studies in 2003 with a master's degree.[2][4] Subsequently, he joined the Research Unit at the SNB followed by positions in the SNB's Financial Market Analysis and Money Market units. While working, he obtained a doctorate in economics from the University of Basel in 2009.[2] Since 2010, he has been an Adjunct Professor at the University of Basel.[5] In the years 2015 and 2016 Schlegel also worked as an expert for the International Monetary Fund.[5]

After a proposal from the SNB's Bank Council, Schlegel was appointed as an Alternate member of the SNB's Governing Board by the Swiss Federal Council in June 2018.[4][6] In May 2022, the Federal Council appointed Schlegel as the Vice-Chairman of the Governing Board of the Swiss National Bank. This also made him Head of Department II of the SNB.[1][7] Later that year he was a speaker at the Forum for Financial Market Stability held by the Financial Market Authority Liechtenstein.[8]

In an interview in October 2023 Schlegel, talking about the Acquisition of Credit Suisse by UBS, said: "We don't have a mandate to rescue a bank."[9]

After the announcement of Thomas Jordans resignation in March 2024,[10] Schlegel is seen as the favourit for his positon as Chairman of the SNB.[11][12][13]

Personal life[edit]

Schlegel is married to Nicole Brändle, who's the current director of HotellerieSuisse [de].[14] They have 3 children together.[11]

Publications[edit]

  • Schlegel, Martin (2009). Implementation of Monetary Policy and the Money Market (Dr. rer. pol thesis). University of Basel.
  • Kraenzlin, Sébastien; Schlegel, Martin (1 March 2012). "Bidding behavior in the SNB's repo auctions". Journal of International Money and Finance. 31 (2): 170–188. doi:10.1016/j.jimonfin.2011.10.001. Unknown parameter |s2cid= ignored (help)
  • Kraenzlin, Sébastien; Schlegel, Martin (27 December 2012). "Demand for reserves and the central bank's management of interest rates". Swiss Journal of Economics and Statistics. 148 (4): 532–555. doi:10.1007/BF03399377. ISSN 2235-6282. Unknown parameter |s2cid= ignored (help)
  • Jäggi, Adrian; Schlegel, Martin; Zanetti, Attilio (23 May 2019). "Macroeconomic surprises, market environment, and safe-haven currencies". Swiss Journal of Economics and Statistics. 155 (1). doi:10.1186/s41937-019-0031-9. ISSN 2235-6282. Unknown parameter |s2cid= ignored (help)

References[edit]

  1. 1.0 1.1 "Bundesrat ernennt Martin Schlegel zum neuen SNB-Vizepräsident". Watson (in Deutsch). 4 May 2022. Retrieved 23 June 2023.
  2. 2.0 2.1 2.2 2.3 2.4 "Martin Schlegel, Vice Chairman of the Governing Board, Berne". Swiss National Bank. Retrieved 22 June 2023.
  3. "SZ|140015507". VIAF.org. Retrieved 22 June 2023.
  4. 4.0 4.1 "Federal Council appoints Martin Schlegel as new Alternate Member of the SNB Governing Board" (PDF) (Press release). Berne/Zurich: Swiss National Bank. 4 July 2018. Archived from the original (PDF) on 19 March 2023. Unknown parameter |url-status= ignored (help)
  5. 5.0 5.1 "Der Bundesrat hat Dr. Martin Schlegel, Lehrbeauftragter und Alumnus der Wirtschaftswissenschaftlichen Fakultät, zum Vizepräsidenten des Nationalbank-Direktoriums ernannt". wwz.unibas.ch (in Deutsch). 5 October 2022. Retrieved 23 June 2023.
  6. Hughes Neghaiwi, Brenna (4 July 2018). Revill, John, ed. "Swiss National Bank appoints new alternate governing board member". Reuters. Retrieved 7 July 2023.
  7. "Martin Schlegel wird Vizepräsident der Nationalbank". Neue Zürcher Zeitung (in Deutsch). 4 May 2022. ISSN 0376-6829. Retrieved 4 August 2023.
  8. Schlegel, Martin (29 November 2022). "Popular, but under pressure – cash in the digital age" (PDF). Swiss National Bank. Retrieved 23 June 2023. Unknown parameter |s2cid= ignored (help)
  9. Martin, Schlegel (28 October 2023). "SNB-Vize Martin Schlegel: «Wir haben kein Mandat, eine Bank zu retten»" (Interview) (in Deutsch). Blick. Archived from the original on 29 October 2023. Retrieved 6 November 2023. Wir haben kein Mandat, eine Bank zu retten Unknown parameter |url-status= ignored (help)
  10. "Thomas Jordan: SNB-Präsident tritt Ende September zurück" [Thomas Jordan: SNB Chairman to step down at the end of September]. Nau.ch (in Deutsch). 1 March 2024. Retrieved 1 March 2024.
  11. 11.0 11.1 Fuster, Thomas (8 March 2024). "Martin Schlegel ist der Favorit für die Nachfolge von Thomas Jordan bei der SNB" [Martin Schlegel is the favorite to succeed Thomas Jordan at the SNB]. Neue Zürcher Zeitung (in Deutsch). ISSN 0376-6829. Retrieved 6 June 2024.
  12. "Mehrere SNB-Experten sehen Martin Schlegel als Jordan-Nachfolger" [Several SNB experts see Martin Schlegel as Jordan's successor]. watson.ch (in Deutsch). 1 March 2024. Retrieved 6 June 2024.
  13. Rohner, Peter (1 March 2024). "Jordans Nachfolger? Martin Schlegel – SNB-Chef in spe" [Jordan's successor? Martin Schlegel - SNB boss-to-be]. Handelszeitung (in Deutsch). Retrieved 6 June 2024.
  14. "Nicole Brändle wird neue Direktorin von HotellerieSuisse" (in Deutsch). 30 January 2024. Retrieved 6 June 2024.


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