Dr Sabine Mauderer has been an Executive Board Member of the Deutsche Bundesbank since 2018, serving as its First Deputy Governor since September 2024. In that capacity she oversees the departments for Markets, Sustainability, as well as Controlling, Accounting and Organisation. She is the Bundesbank’s alternate on the ECB Governing Council and its Deputy in the G7, G20 and at the IMF. Before joining Deutsche Bundesbank, she held senior positions at KfW, the Federal Ministry of Finance and the German Embassy in Washington. She holds a PhD in law and an Executive MBA.