Bundesbank: Philipp Nimmermann to become first Green on Bundesbank Executive Board
From State Secretary to Deutsche Bundesbank Executive Board: Philipp Nimmermann brings experience from energy policy and financial center promotion. He was also deployed under former Economics Minister Robert Habeck.
Philipp Nimmermann, a 60-year-old economist and former state secretary for the Green Party, has been appointed to the board of the Deutsche Bundesbank. He will replace Burkhard Balz, who left the central bank at the end of August. Nimmermann previously served as state secretary in three ministries, most recently in the Federal Ministry for Economic Affairs and Climate Protection under Minister Robert Habeck from 2023 to 2025.
The responsibilities of his role at the Bundesbank will be determined once he takes office in Frankfurt.
Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.