Nationality German Occupation Economist | Years active 1940s –1986 Name Otmar Emminger | |
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Born 2 March 1911 Augsburg Died August 1986, Manila, Philippines Alma mater Ludwig Maximilian University of Munich Books On the Way to a New International Monetary Order | ||
Otmar Emminger (2 March 1911 – 3 August 1986) was a German economist who served as the president of the Deutsche Bundesbank from 1977 to 1979.
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Early life and education
Emminger was born in Augsburg on 2 March 1911. In 1934, he received a PhD from the University of Munich.
Career and activities
Emminger was a lecturer at his alma mater. He began to work at the Deutsche Bundesbank in October 1950. From 1 April 1953 to 31 December 1969 he was board member of the bank. In addition, he served as West Germany's executive director at the International Monetary Fund from 1953 to 1959. He was vice president of the bank from 1 January 1970 to 31 May 1977. He was appointed president of the bank on 1 June 1977, succeeding Karl Klasen in the post. Karl Otto Pöhl became his deputy. Emminger's term lasted until 31 December 1979. He was replaced by Pöhl in the post.
In July 1986, he began to serve as an advisor to the Philippines government (Corazon Aquino had become president in February 1986) on behalf of West Germany. At the same time he published his memoirs.
Death
Emminger died of a heart attack in Manila, the Philippines, at the age of 74 in August 1986.