Madis MüllerCurriculum Vitae

Date and place of birth: 20 January 1977, Tallinn

Marital status: married, 2 sons


  • 2008 FRM (Financial Risk Manager) licence, Global Association of Risk Professionals
  • 2004-2006 George Washington University, Master’s degree in Finance
  • 2000-2002 CFA (Chartered Financial Analyst) licence, CFA Institute
  • 1995-1999 Estonian Business School, BBA in international business management, banking and finance
  • 1993-1995 Mainor School for Economics
  • 1984–1995 Tallinn Secondary School No 54

Various additional courses in finance and management run by INSEAD, IFC, the World Bank, the European Central Bank, the Federal Reserve in New York, PricewaterhouseCoopers and others

Professional experience:

  • 2019-... Eesti Pank, Governor
  • 2011-2019 Eesti Pank, Deputy Governor
  • 2006-2011 IFC (International Finance Corporation), portfolio manager and stock investor
  • 2003-2006 World Bank, advisor and senior advisor to the Executive Director of the Nordic-Baltic constituency
  • 2002-2003 Adviser on economics to the Prime Minister of the Republic of Estonia
  • 1999-2002 Adviser on economics to the Minister at the Ministry of Finance of the Republic of Estonia
  • 1998-1999 Consultant on corporate financing at PricewaterhouseCoopers Tallinn

Other positions:

  • 2014-... Member of the Supervisory Board of the European Central Bank for SSM/Banking Supervision
  • 2014-...  Member of the Supervisory Board of the Guarantee Fund
  • 2012-...  Member of the Supervisory Board of Finantsinspektsioon
  • 2011-...  Representative of Eesti Pank in various international forums, including the Economic and Financial Committee of the Council of the European Union, the High Level Group on Market Infrastructures of the European Central Bank, the Euro Payments Council, the Nordic-Baltic Monetary and Financial Committee at the IMF, and others
  • 2000-2003 AS Tallinna Sadam, Member of the Supervisory Board
  • 2000-2001 Estonian Export Credit and Guarantee Agency, Member of the Supervisory Board

Membership of organisations and societies:

  • 2015-... Estonian Business School, member of the Alumni Advisory Board
  • 2008-... Member of GARP (Global Association of Risk Professionals)
  • 2000-... Member of the CFA Institute


  • Estonian – native language
  • English – very good
  • German – good
  • Finnish – some ability in speaking
  • Russian – some ability in speaking