14 Facts About Gikas Hardouvelis

Gikas A Hardouvelis was born on October 8,1955 and is a Greek economist and former senior government official serving as chairman of the Board of Directors of the National Bank of Greece.

Gikas Hardouvelis was the Minister of Finance of the Hellenic Republic from June 2014 to January 2015.

Gikas Hardouvelis is the President of MIET, a Greek cultural foundation for the support of the humanities, fine arts, and sciences.

Gikas Hardouvelis is a Trustee of Anatolia College, a non-profit primary, secondary and tertiary private educational institution.

Gikas A Hardouvelis was elected chair of the Board of Directors of the National Bank of Greece by its board members in July 2021.

Gikas Hardouvelis headed and expanded the Bank's Risk Management Division and created both the Assets-Liabilities Management as well as the Investor Relations departments.

Gikas Hardouvelis has played a critical role in the establishment of the Athens Derivatives Exchange as a founding member of its board of directors.

Gikas Hardouvelis has worked at the Federal Reserve Bank of New York as an Economist, Senior Economist and then Academic Adviser.

Gikas Hardouvelis's NY Fed research on margin requirements, and on the yield curve's ability to predict economic activity had a major impact in academia and in policy decisions.

Gikas Hardouvelis is a Full Professor of Finance and Economics in the Department of Banking and Financial Management of the University of Piraeus in Greece since 1994.

Gikas Hardouvelis was included in the Hall of Fame of the top-50 referenced authors worldwide in applied econometrics over the period 1989 to 1995.

In 1988, following the stock market crash of October 1987, Gikas Hardouvelis published an influential study concluding that in periods of high stock market margin requirements and in periods when margin requirements increase, excess volatility is low and deviations from fundamentals tend to subside.

In January 1998, Gikas Hardouvelis co-authored with Dimitris Malliaropulos a study on the correct exchange rate between the domestic currency, the drachma, and the soon to be created Euro Area currency, the euro.

Gikas Hardouvelis stressed the importance of structural reforms, which had to be implemented in a specific sequence to be successful.