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Dipl.-Vw. Klaus REGLING Chief Executive Officer, European Financial Stability Facility; Designated Managing Director, European Stability Mechanism, Luxembourg

CV

1971 Bachelor's degree in Economics, University of Hamburg 1975 Master's degree in Economics, University of Regensburg 1975-1977 Young Professional Program: Research and African Department 1975-1980 International Monetary Fund, Washington 1977-1980 Economist in the Research Department: Participation in the preparation of the World Economic Outlook, International Monetary Fund, Washington 1980-1981 German Bankers' Association: Economist 1981-1985 German Ministry of Finance: Economist, European Monetary Affairs Division 1985-1991 International Monetary Fund, Washington and Jakarta 1985-1989 Economist/Senior Economist/Deputy Chief in the International Capital Markets Division: Preparation of capital markets reports; program negotiations with African and Asian countries 1989-1991 Resident Representative in Indonesia 1991-1998 German Ministry of Finance 1991-1993 Chief of the International Monetary Affairs Division: IMF, G7, world economy 1993-1994 Deputy Director-General for International Monetary and Financial Relations: Preparation of EMU, IMF, EBRD, World Bank, export credit guarantees, debt, G7 1995-1998 Director-General for European and International Financial Relations: All European and international issues of relevance for Ministry of Finance (except tax issues) 1999-2001 Managing Director, Moore Capital Strategy Group, London: Analysis of economic policies in major industrial and emerging markets 2001-2008 European Commission: Director-General for Economic and Financial Affairs (DG ECFIN) 2008-2009 Fellow at the Lee Kuan Yew School of Public Policy, Singapore and Senior Advisor, European Commission 2009-2010 Founder and chairman of KR Economics, Economic and financial consultancy, Brussels since 2010 CEO of the European Financial Stability Facility, Luxembourg

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