Paul Hiebert

Head of Systemic Risk and Financial Institutions Division

European Central Bank

Paul Hiebert

Head of Systemic Risk and Financial Institutions Division

European Central Bank

Biography

Paul Hiebert heads the Systemic Risk and Financial Institutions Division of the European Central Bank (ECB). In this role, he leads systemic risk analysis for the euro area feeding into the ECB’s flagship Financial Stability Review, as well as macroprudential policy for the largest euro area banks. Since 2019 he has been leading climate-related risk and financial stability analysis with the corresponding publication of the ECB’s and ESRB’s annual report. His current role builds on over 20 years of experience within the ECB, the International Monetary Fund, the Reserve Bank of Australia and the Canadian Department of Finance in various capacities—spanning economic, financial and policy functions for a wide range of countries. He has published on a diverse set of topics, including financial cycles, global banking, climate change issues, macroprudential policy, housing markets, and fiscal policy. He holds an M.A. in Economics from McGill University in Montréal.

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