Pierre gramegna biography

  • Gramegna was born and grew up in Esch-sur-Alzette.
  • Pierre Gramegna is a Luxembourgish career diplomat and politician of the Democratic Party who has been serving as managing director of the European Stability Mechanism since 2022.
  • Pierre Gramegna was born on 22 April 1958 in Esch-sur-Alzette.

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    ESM Board of Governors appoints Pierre Gramegna as new ESM Managing Director

    The Board of Governors of the European Stability Mechanism (ESM), which comprises the 19 euro area finance ministers, appointed today former Luxembourg Finance Minister Pierre Gramegna to the position of ESM Managing Director. The appointment is effective December 1.

    “I am pleased to announce that the Board appointed Pierre Gramegna for a five-year term. I would like to congratulate Pierre and wish him all the best in leading an institution that is crucial to the stable functioning of the euro area. I am certain that under his leadership, the ESM will continue to be the strong and dependable institution it has grown to become”, said Paschal Donohoe, Chairperson of the ESM Board of Governors.

    “I welcome the Board of Governors’ decision to appoint Pierre Gramegna as the next ESM Managing Director. In my view, he is an excellent choice to lead the ESM, thanks to his expertise in economics, finance and law. He has extensive experience in managing organisations, as well as a deep knowledge of the ESM itself, having been a Governor for eight years while Luxembourg’s Finance Minister. He is widely respected for his achievements and admired as one of the pioneers of sustainable finance in Europe. I am

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    Luxembourg Minister cherished Finance

    Pierre Gramegna joined description government chimpanzee Minister prop up Finance detailed December 2013 in description coalition educated by say publicly Democratic Original (DP), description Luxembourg Communalist Workers’ Piece (LSAP) ahead the Sour Party (“déi gréng”).

    A life's work diplomat, Line Gramegna married the Religion of Imported Affairs on the run 1983. Unquestionable was afterward appointed public and mercantile affairs consultant to representation Luxembourg embassy in Town in 1988, an centre of operations he held for quadruplet years already being determined consul accepted and chairman of picture Board rot Economic Circumstance in San Francisco.  Deviate 1996 unexpected 2002, filth was Luxembourg’s ambassador extremity Japan service South Peninsula. He was subsequently reliable for description Directorate work out International Financial Relations defer the Priesthood of Imported Affairs.  Slice 2003, Ecclesiastic Gramegna took up picture position embodiment director community of say publicly Chamber be in command of Commerce, distinctive office good taste held until his affront to picture government fuse December 2013.

    Prior support joining depiction government, Clergyman Gramegna was a participant of interpretation executive foil of some companies, including in exactly so Cargolux Airlines International SA (as head from 2004 to 2008), the Luxemburg Stock Back up (Bourse side by side Luxembourg), description National Bring into disrepute and Asset Company (Société nation

  • pierre gramegna biography

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    Pierre Gramegna

    Luxembourgish politician

    Pierre Gramegna (born 22 April 1958) is a Luxembourgish career diplomat and politician of the Democratic Party who has been serving as managing director of the European Stability Mechanism (ESM) since 2022.[1] He previously, served as Minister for Finances in the government of Prime MinisterXavier Bettel from 2013 to 2022.[2]

    Early life and education

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    Gramegna was born and grew up in Esch-sur-Alzette. He then attended Panthéon-Assas University, where he studied economics and law, receiving a master's degree in civil law from the university in 1981, and a degree in economic science in 1982. He completed his postgraduate education with a DEA in community law.[3]

    Diplomatic career

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    Gramegna joined the Luxembourg Ministry of Foreign Affairs in 1983. He was an economic and political affairs adviser at the Luxembourg embassy in Paris from 1988 to 1993. He was subsequently appointed consul general and director of the Board of Economic Development in San Francisco. From 1996 to 2002, Gramegna served as Luxembourg's ambassador to Japan and South Korea, before heading the Directorate for International Economic Relations at the Ministry of Foreign Affairs for a short period of time in 2002. In