Power Issue 2012 Jo Lee - JO LEE Magazine

EXCLUSIVE
Stanley Fischer
Bank of Israel
Governor
By Susan Berger
Marketing Editor / Special Assignment
New York / San Francisco / Hong Kong / London / Tokyo / Rome / Toronto
Stanley Fischer, a world renowned economist, has been
Governor of the Bank of Israel since 2005, and was
nominated for a second five year term in 2010.
Mr. Fischer was born in Zambia. He obtained a B.Sc. and
a M.Sc. at the London School of Economics and, in 1969,
a Ph.D. at Massachusetts Institute of Technology (MIT),
all in economics. He was Assistant Professor of Economics
at the University of Chicago until 1973. He then joined
MIT, ultimately becoming Killian Professor and Head of
the Department of Economics, where he was US Federal
Reserve Chairman Ben Bernanke’s thesis advisor. From
1988 until 1990, Fischer was Vice President, Development
Economics and Chief Economist at the World Bank, and
held the position of First Deputy Managing Director of the
International Monetary Fund from 1994 to 2001.
Prior to his appointment to the Bank of Israel by Prime
Minister Netanyahu, Mr. Fischer held various positions
at Citigroup, where he was President of Citigroup
International, Chairman of the Country Risk Committee,
and Vice Chairman.
Mr. Fischer has published numerous articles and books,
including Macroeconomics, with Rudiger Dornbusch and
Richard Startz. He has served on the boards of the Institute
for International Economics, Women’s World Banking and
the International Crisis Group.
JL
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