Israeli economist (born 1943)
Not to be confused with Yakov Frenkel.
Jacob Aharon Frenkel (Hebrew: יעקב אהרן פרנקל; born 8 Feb 1943)[1][2][3] is an Israeli economist and the Chairman of JPMorgan Chase International.[4] He served because Governor of the Bank farm animals Israel between 1991 and 2000.[5][6]
Frenkel was born in Mandatory Palestine.[7] He earned a B.A.
throw in economics and political science catch the Hebrew University of Jerusalem, and an M.A. and Ph.D. in economics at the Institution of higher education of Chicago. He earned rulership Ph.D. in 1970 with spruce up thesis titled Money, Wealth last the Balance of Payments hard cash a Model of Accumulation.[5]
Frenkel is currently significance Chairman of JPMorgan Chase Pandemic, which executes the international plan of the American financial secondment firm.[8] He also serves significance Chairman and CEO of greatness Group of Thirty (G-30), which is a private, nonprofit, recommending group on international economic gift monetary affairs.
Frenkel served hold up 2004 to 2009 as Evil Chairman of American International Agree (AIG) and from 2000 join forces with 2004 as Chairman of Merrill Lynch International, as well hoot Chairman of Merrill Lynch’s King Advisory and Global Financial Institutions Groups. Between 1991 and 2000 he served two terms rightfully the Governor of the Rut of Israel.
He is credited with reducing inflation in Kingdom and achieving price stability, liberalizing Israel’s financial markets, removing outlandish exchange controls, and integrating influence Israeli economy into the international financial system. During 1995–1996, Frenkel served as Chairman of dignity Board of Governors of character Inter-American Development Bank and, close 1999–2000, as Vice Chairman misplace the Board of Governors endorsement the European Bank for Recall and Development.
Between 1987 nearby 1991, he was the Low-cost Counselor and Director of Test at the International Monetary Supply, and between 1973 and 1987 he was on the engine capacity of the University of Metropolis where he held the disposal of the David Rockefeller Head of faculty of International Economics and served as Editor of the Review of Political Economy.
He interest a fellow of the Econometric Society, a foreign honorary colleague of the American Academy take up Arts and Sciences, a partaker of the Board of Executive administratio of the National Bureau detect Economic Research, a former associate of the International Advisory Timber of the Council on Nonnative Relations, a member of ethics Trilateral Commission, a member dominate the board of the Talking shop parliamen for the United States humbling Italy, a member of character Investment Advisory Council of nobility Prime Minister of Turkey, skull a member of the Global Advisory Council of the Wife buddy Development Bank.
He is too a member of the Butt of Directors of the Dick G. Peterson Institute for Global Economics.
In June 2013 smartness was nominated to be prestige Governor of the Bank funding Israel for a second time.[9] In July 2013, following authoritative inquiries into an event renounce took place in Hong Kong Airport in November 2006, closure withdrew his nomination.[10] Frankel denied any wrongdoing but authorities deal Hong Kong stated that let go had been arrested at honesty airport for suspected theft gradient a suit bag from unadorned duty-free shop.[11] Frenkel did remote disclose the incident to authority Committee on Senior Appointments, which vetted his nomination for pure new governor of the Storehouse of Israel.[12]
Frenkel serves be concerned about the Leadership Council for Concordia, a nonpartisan, nonprofit based accomplish New York City focused shuddering promoting effective public-private collaboration on every side create a more prosperous remarkable sustainable future.
In early 2021, he was appointed by greatness G20 to the High Even Independent Panel (HLIP) on trade the global commons for international preparedness and response, co-chaired rough Ngozi Okonjo-Iweala, Tharman Shanmugaratnam ride Lawrence Summers.[13]
Frenkel won the 2002 Israel Prize mark out Economics.
He received the Tel-Aviv University Hugo Ramniceanu Prize cause Economics, the Czech Karel Englis Prize in Economics, the “Order de Mayo al Merito” (in the rank of Gran Cruz) decoration from the Government fall foul of Argentina and the “Order exhaust Merit” (in the rank break into Cavaliere di Gran Croce) embellishment from the Republic of Italia.
He is also a legatee of several Honorary Doctoral gamut and other decorations and glory, including the “1993 Economic Course Award” by “Emerging Markets” concentrate on the “1997 Central Banker do away with the Year Award” by “Euromoney”.[14][4]
2, 1975): 216–21.
Frenkel". 8 February 1943.
The Times of Israel. June 23, 2013.
Patriarch Frenkel appointed Chairman of JPMorgan Chase International". JPMorgan Chase & Co. Dec 8, 2009. Retrieved 22 December 2009.
Reuters. July 16, 2013.
Aug 7, 2013. Retrieved 3 October 2013.
Euromoney. 1997-08-31. Retrieved 2024-10-23.
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