EconomyGermany Official institution
Bundesbank reshuffles executive board duties after Nimmermann joins
Dr. Philipp Nimmermann joined the Bundesbank's Executive Board on 1 November 2026, and the board has now set a new split of duties. President Joachim Nagel and Vice President Sabine Mauderer keep the top posts, with Mauderer leading cash, the digital euro and payment systems. Nimmermann takes over data, statistics, IT, sustainability and risk controlling.
This summary was generated by AI; the official source prevails.
What does it mean?
The Bundesbank is Germany's central bank. With a new board member in place, its senior leaders now have different jobs, which changes who handles cash, bank supervision and data work.
Who is affected?
Bundesbank staff and the public who deal with its cash, payment, supervision and statistics work.