Central banks are responsible for monetary and financial stability in a country. The financial and payment systems work well when a central bank does. Like every other system central banks were affected with the pandemic recessions and did a big acceleration to a more advanced technical structure, but what other changes do we see there or can we predict for the future? Dr. Ole Rummel, Director of Macroeconomic Monetary Policy Management at The SEACEN Centre, answers us in this episode.
Doctor Ole Rummel is the Director of Macroeconomic Monetary Policy Management at The SEACEN Centre in Kuala Lumpur, Malaysia. He was working for the Bank of England, for nearly 20 years, establishing and lecturing on training courses in London and around the world. He worked for the European Investment Bank and he held a management position at Societe General, a leading French bank. After his Abitur at the Gymnasium in Bavaria, he took A levels in Eton, a move not quite so common in the 80s, of the last century. He earned academic degrees from Cornell University, Stanford University, the University of Glasgow, and the University of Strathclyde.