Karlsruhe Institute of Technology (KIT) and KIT Freundeskreis und Fördergesellschaft e.V. (KFG) will award this year’s Heinrich Hertz Guest Professorship to Dr. Joachim Nagel. Nagel, who was born in Karlsruhe and studied at the University of Karlsruhe, has been President of the Deutsche Bundesbank since 2022. On Thursday, October 5, 2023, 17.00 hrs, he will speak about the role of the euro for citizens, politics, and the Central Bank at Audimax, Campus South (building 30.95, Straße am Forum 1, 76131 Karlsruhe). In addition, Nagel will give a seminar for students of KIT.
In his public presentation “Europa und sein Euro – Fit für die Zukunft?“ (Europe and its euro – fit for the future?), Joachim Nagel will address the following questions among others: Where is Europe heading today? Which role does the euro play? And what does this mean for citizens, politics, and the Central Bank? 25 years ago, in April 1998, German parliament agreed to introduce the euro. Since January 1, 2002, the joint currency has facilitated travels and trade in Europe and stabilized prizes for more than two decades in spite of the financial crisis, sovereign debt crisis, and pandemic. Meanwhile, new priorities have started to determine European politics: High inflation, climate crisis, and geopolitical challenges. Against this background, it is important to focus on Europe and the euro from both political and economic perspectives.
On October 5, 2023, Joachim Nagel will also teach the seminar “Wirtschaftsbeobachtung auf höherer Frequenz“ (observation of economy at higher frequency) for students of KIT.
About the Heinrich Hertz Guest Professorship
Every year, the Heinrich Hertz Guest Professorship is awarded by KIT Freundeskreis und Fördergesellschaft e.V. and KIT to a renowned person from science, industry, culture, or politics for outstanding achievements and contributions in research and society. KIT Freundeskreis und Fördergesellschaft e.V. sponsors research, academic education, innovation, and academic life at KIT and endowed the guest professorship in 1987, one hundred years after physicist Heinrich Hertz experimentally proved the existence of electromagnetic waves at Technische Hochschule Karlsruhe, a predecessor institution of KIT.
About the Person
Dr. Joachim Nagel, born in Karlsruhe in 1966, was appointed President of the Deutsche Bundesbank by Federal President Frank-Walter Steinmeier in January 2022. In this function, Nagel also is Member of the Governing Council of the European Central Bank and Governor of the International Monetary Fund. Before his appointment, he worked for the KfW Group, was Member of the Supervisory Board of Deutsche Börse AG, and Deputy Head of the Banking Department at the Bank for International Settlements, among others. In 1999 already did Nagel start to work for Deutsche Bundesbank, among others as Director General Markets and Member of the Executive Board from 2010 to 2016. He also headed the Deutsche Bundesbank’s financial crisis management team. In 1991, Nagel completed his studies of economics at the then University of Karlsruhe, today’s KIT, where he also earned his doctorate in 1997 after work as a researcher at the Institute of Economic Policy and Research. (mle)
More Information on the Heinrich Hertz Guest Professorship
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