Jörg Asmussen has been Managing Director at Lazard since September 2016
He has more than 20 years of experience in the public sector as economist and policymaker: as a state secretary in the German treasury, as state secretary in the German Ministry of Labour and Social Affairs as well as Member of the Executive Board of the ECB
He has spent 15 years in the German Treasury alone. Before being state secretary under Minister Steinbrück and Minister Schäuble, he has served as Director General for Financial Markets and Head of the Ministers office under Minister Eichel
During the time at the ECB and the Treasury, he acted as G7- and G20 deputy and member of the Euro Working Group (EWG) and the European Finance Committee (EFC). He also represented his institution at the IMF meetings. He was involved in dealing with the economic crisis across the Euro area, working closely with the Greek, Spanish, Irish, Cypriot and Portuguese governments
He dealt with the financial crisis after the collapse of Lehman Brothers (i.e. as chairman of the German Bank Rescue Fund FMSA/Soffin and chairman of the Financial regulator BaFin)
He has held a number of supervisory board positions during his Treasury time, e.g. at Deutsche Telekom, Deutsche Bahn, Postbank
He has acted as alternate Governor for Germany for the World Bank, the EBRD and member of the Financial Stability Board (FSB)
Mr. Asmussen holds an MBA from Bocconi University and a Master degree in economics from the University of Bonn
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