Philipp Michael Hildebrand was born on 19 July 1963 and is a Swiss banker who has been a vice chairman of BlackRock since 2012.
21 Facts About Philipp Hildebrand
1.
2.
Philipp Hildebrand was the Governor of the International Monetary Fund, Director of the Bank for International Settlements and member of the Financial Stability Board, when he was appointed as Vice Chairman in November 2011 by leaders of the G20.
3.
Philipp Hildebrand attended the University of Toronto, Oxford University's Lincoln College, and the Graduate Institute of International Studies in Geneva.
4.
Philipp Hildebrand was part of a group of students that helped out during the Annual Meetings of the World Economic Forum in Davos, Switzerland.
5.
Philipp Hildebrand subsequently worked at Moore Capital Management, a hedge fund in New York and London, where he met his first wife.
6.
Philipp Hildebrand then worked as head of hedge funds for Union Bancaire Privee in Geneva and Vontobel in Zurich.
7.
Philipp Hildebrand was said to be the "youngest ever policy maker" when he joined the SNB in 2003.
8.
Philipp Hildebrand was attacked after losses arising from SNB's exchange rate interventions between March 2009 and June 2010.
9.
The Swiss People's Party and the magazine Die Weltwoche were critics of Philipp Hildebrand, demanding his resignation.
10.
Prominent figures of other parties supported Philipp Hildebrand and emphasized the political independence of the SNB.
11.
Philipp Hildebrand is considered a driving force behind the pegging of the Swiss Franc to the Euro announced on 6 September 2011.
12.
At the time, Philipp Hildebrand reported the transaction to the SNB and moved to prevent future such trades with Bank Sarasin.
13.
Philipp Hildebrand's wife asserted her independent finance and banking experience as the basis for the "almost ridiculously cheap" trade.
14.
Philipp Hildebrand said that his political foes endangered the secrecy laws and "the interests of Switzerland" with the accusations.
15.
Philipp Hildebrand issued a statement that included copies of E-Mails between his wife, himself, and his banker, showing that he was aware of the controversial trade shortly after the order had been given by his wife, but failed to request that it be immediately cancelled.
16.
Philipp Hildebrand was succeeded by vice chairman and interim SNB head Thomas Jordan.
17.
In 2012, Philipp Hildebrand was a senior visiting fellow at Oxford University's Blavatnik School of Government.
18.
Philipp Hildebrand joined BlackRock in 2012 as vice chairman of BlackRock, where he oversees the BlackRock Investment Institute.
19.
Philipp Hildebrand was a member of the Swiss national swimming team in the 1980s, and he was Swiss national champion in 1983 and 1984.
20.
Philipp Hildebrand was married to Kashya Mahmood-Hildebrand till May 2013.
21.
Philipp Hildebrand gave birth to their twins daughters Isabella and Arina on 20 March 2016.