Building the EU Primary Dealer System – Interview with Siegfried Ruhl

About the Speaker:

Siegfried Ruhl is Head of Funding & Investor Relations at the European Stability Mechanism (ESM). He is responsible for the management of €300 billion of outstanding debt with more than €80 billion funding programmes in bonds and bills for both ESM and European Financial Stability Facility (EFSF) as of 29 July 2020. He is also in charge of the management of the funding related derivatives transactions. Additionally he manages the communication and relationship with our more than 1700 investors.

Siegfried Ruhl formally joined the ESM in January 2013 but he was already heading the division that established the funding programme for EFSF at the Bundesrepublik Deutschland Finanzagentur, which was initially responsible for issuing the EFSF bonds and bills. Prior to this, he had worked in the trading and issuing business at the Bundesrepublik Deutschland Finanzagentur for 11 years. He also worked for the Deutsche Bundesbank for six years, where he started his career in financial markets as a trader at the Frankfurt Stock Exchange.

Siegfried Ruhl graduated in Business Administration from the University of Applied Science in Hachenburg.