Jens Weidmann, renowned German economist, was born on April 20, 1968, in North Rhine-Westaphalia, Solingen. He attended the gymnasium in Backnang, Bden-Wurttemberg, graduating from there in 1987. After graduation, he enrolled at the Universite Pail Cezanne Aix-Marseille to study economics. Later, he studied economics at the University of Paris and University of Bonn, receiving his diploma in economics in 1993. For a year, he studied under the tutelage of Professor Roland Vaubel at the University of Mannheim, returning to the University of Bonn in 1994 and continued his Ph.D. He earned his doctoral degree in 1997. While studying, Weidmann did several internships at prestigious financial institutions including the Banque de France and the National Bank of Rwanda.
He began his professional career in 1997, by accepting a position with the International Monetary Fund. He retained this position till 1999, after which he was appointed as the Secretary of the German Council of Economic Experts. He left this job in 2004, upon accepting the position of the head of the Monetary Policy and Monetary Analysis group at the Bundesbank.
In 2006, Jens Weidmann began his political career upon receiving his first assignation at the Federal Chancellery, becoming the youngest department head in the German government. He was given the responsibility of devising the content and strategy of the G-20 round, which was made as a counter measure to diminish the impacts of the financial crisis. Impressed by his economic savvy and expertise, he was promoted to the more significant task of the Sherpa of the G8 summit.
In 2011, Weidmann was appointed the new president of the Deutsche Bundesbank. He has been critical of the monetary and financial policies undertaken by the European Monetary Union, he particularly slighted them on their “disproportionate investment in private home-building, high government spending or private consumption”.
Jens Weidmann is regarded as a notable economist all over the globe, due to his immaculate knowledge of the French financial sector and his experience with German politics, he is seen as an advocate of the Franco-German twin engine. Wiedmann is a specialized monetarist economist, he has served various prestigious positions including the ex-official Member of the Board of Directors at the Bank of International Settlements, and ex-official member of the Financial Stability Board, a member of the Senate at the Deutsche Nationalstiftung, a member of the Board of Trustees at the Frankfurt School of Finance & Management Foundation, a member of the Board of Trustees at the House of Finance, Goethe University Frankfurt, and an ex-official member of the Board of Trustees at the Stifterverband für die Deutsche Wissenschaft among others.