Former President of the Deutsche Bundesbank
Born in 1957 in Kusel, Germany
Graduate of the University of Siegen, with a PhD in Economics

Axel A. Weber was nominated for election to the UBS Board of Directors and proposed as its non-independent Vice-Chairman on 1 July 2011. He was president of the Deutsche Bundesbank, Germany's central bank, between 2004 and 2011. As president of the Bundesbank, he served concurrently in the following positions: member of the Governing Council of the European Central Bank; member of the Board of Directors of the Bank for International Settlements; German governor of the International Monetary Fund; member of the Steering Committees of the European Systemic Risk Board and Financial Stability Board; and member of the G7 and G20 Ministers and Governors, respectively. Prior to joining the Bundesbank, he had a distinguished academic career in Germany, where he was a professor of economics at the universities of Bonn, Frankfurt am Main and Cologne. He is currently a visiting professor at the University of Chicago Booth School of Business.