Ulrich Bindseil studied Economics in Saarbrücken and finished his doctorate there in 1994. After spending two years in the economics department of Deutsche Bundesbank and two years at the European Monetary Institute, he joined the ECB right in 1998 where he was responsible for their liquidity analysis and management. From 2003 he was subsequently deputy head and head of the ECB's Risk Management Division. In 2009 he became Deputy Director General for the ECB's market operations and in 2012 Director General. He is honorary professor at the Technical University Berlin.