Stefan Gerlach is Chief Economist of EFG Bank in Zurich since 2016. Before that, he was Deputy Governor of the Central Bank of Ireland. Prior to joining the Bank, he served as Professor of Monetary Economics and Managing Director of the Institute for Monetary and Financial Stability at the University of Frankfurt, as CEPR Research Fellow and a Fellow of the CFS. He has served as Head of Secretariat to the Committee on the Global Financial System at the Bank for International Settlements (BIS), as Executive Director (Research) at the Hong Kong Monetary Authority and Director of the Hong Kong Institute for Monetary Research. Before joining the Hong Kong Monetary Authority, he was a staff economist at the BIS.