Suomen Pankki

Markku Lehmus to head the Bank of Finland’s Monetary Policy and Euro Area Economy Division

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Markku Lehmus, D.Soc.Sc., has been appointed as Head of Division of the Monetary Policy and Euro Area Economy Division at the Bank of Finland’s Monetary Policy and Research Department, with effect from 1 September. The post is permanent, and the appointment is made for a term of five years.

Lehmus will be responsible for the day to day management of the Division and for its longer term development, especially in regard to preparatory work on the euro area macroeconomic outlook and monetary policy. He will also be responsible for euro area monetary policy modelling and for developing tools used in economic and inflation analysis in connection with monetary policy and the euro area. In addition, he will be a member of the Monetary Policy and Research Department’s management team.

Lehmus has served since 2018 as Head of Forecasting at ETLA Economic Research (formerly Research Institute of the Finnish Economy). His previous posts have included Senior Researcher at the VATT Institute for Economic Research, and Senior Researcher at the Labour Institute for Economic Research (Labore).

He is a macroeconomist and researcher and has considerable experience of global economic analysis, forecasting and macroeconomic modelling. He successfully defended his doctoral thesis in 2012 at the University of Turku.

For further details, please contact Juha Kilponen, Head of Department, tel. +358 9 183 3441.

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The Bank of Finland is the national monetary authority and central bank of Finland. At the same time, it is also a part of the Eurosystem, which is responsible for monetary policy and other central bank tasks in the euro area and administers use of the world’s second largest currency – the euro.

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