Stanley Fischer
Stanley Fischer (Hebrew סטנלי פישר; * October 15, 1943 in Northern Rhodesia, now Zambia ) is the former Governor of the Central Bank of Israel Israel from 2005 to 2013.
Training
Fischer earned a Bachelor of Science degree and then a Master of Science in Economics from the London School of Economics, where he studied from 1962 to 1966. He earned a Ph.D. in 1969 at the Massachusetts Institute of Technology.
Career
At the Massachusetts Institute of Technology, he worked from 1977 to 1988 as a professor. There he wrote two widely acclaimed textbooks: Macroeconomics ( with Rudiger Dornbusch and Richard Startz ) and Lectures in Macroeconomics ( with Olivier Blanchard).
From January 1988 to August 1990 he was Vice President of the World Bank and was later, from September 1994 to end of August 2001, first deputy director of the International Monetary Fund. After leaving the IMF, he was Vice Chairman of Citigroup. Fischer was at Citigroup in February 2002 to April 2005.
On 1 May 2005 he was appointed governor of the Israeli central bank. He was nominated by Ariel Sharon and Finance Minister Benjamin Netanyahu on 9 January 2005 for the post. Fischer was in 1985 working as a U.S. advisor to the Bank of Israel. In order to assume his new function, Fischer became an Israeli citizen, he took by the Law of Return as a Jew to complete, but retained his U.S. citizenship at. He replaced David Klein, whose term had ended with the Israeli Central Bank on 16th January 2005.
On June 11, 2011 his application was known to the presidency of the IMF. On June 13, 2011 his candidacy was rejected by the IMF for reasons of age, since candidates must not be older than 65 years old, according to statutes. For a change of the statutes themselves not obtain a majority. Fischer was at the time his application 67 years old.
Fischer gave his position as Governor of the Central Bank Israeli June 30, 2013.
On January 10, 2014 Fischer was officially nominated for the post of deputy chairman of the Federeal reserve.
Honors
- 2002: Bernhard Harms Prize from the Kiel Institute for the World Economy