Dr Irmela von Schenck Bundesbank representative in Mumbai, India; EU-India free trade agreement signed January.

New faces in the Bundesbank’s international networkCIC-Newsletter – May 2026

New faces in the Bundesbank’s international networkCIC-Newsletter – May 2026

Dr Irmela von Schenck, Bundesbank’s representative in India

For six months, I have been working as the Bundesbank’s representative in India at the Consulate General in Mumbai – the country’s financial centre. There is a lively financial community here, and I have learned an incredible amount within a short space of time. Settling in was made particularly easy by how open and willing to engage in dialogue Indian people are. That made my start in Mumbai a real pleasure.

Irmelavon SchenckRepresentative of the Deutsche Bundesbank, Consulate-General in Mumbai

The hustle and bustle on the streets is ever-present – but those who embrace it are rewarded with the energy and friendliness of many young people who shape the city. The Bundesbank enjoys an excellent reputation here; it is not uncommon for the proverbial red carpet to be rolled out for me – credit goes to my predecessor, Thomas Notheis. However, I have barely noticed any great interest in how topics are viewed or approached in the Eurosystem so far. India is very preoccupied with its own challenges. Nevertheless, the current geopolitical and geoeconomic changes are leading India to increasingly seek international partnerships and expand existing relationships. The free trade agreement with theEUsigned in January is an important milestone in this regard.

The way I work and the topics I deal with here could hardly be more different from my previous role in the President’s speech-writing team. I very much appreciate having the opportunity to gain these new experiences.

Julia von Borstel, Permanent Representation of the Federal Republic of Germany to theOECD

I started working as the new representative in the Permanent Representation of the Federal Republic of Germany to theOECDin January. In the Permanent Representation, I work together with colleagues from the Federal Foreign Office, the Federal Ministry for Economic Affairs and Energy, the Federal Ministry of Finance and the Federal Ministry of Labour and Social Affairs. Owing to my central banking background, I am responsible for all financial market topics, as well as for economics, statistics and matters of good governance. I am thrilled about how versatile it is, and also about the international environment at theOECDand, of course, life in Paris.

Juliavon BorstelRepresentative of the Deutsche Bundesbank, Permanent Representation of Germany to the OECD in Paris

My main task is to act as a link between theOECDand the Bundesbank as well as the ministries, to provide the best possible support to the delegates from Germany in their work, and to prepare and follow up the meetings at theOECD.For this work, it is not only helpful to be well connected at the Bundesbank, but also to maintain good contacts with theOECDand with the representatives of other member countries. I am excellently placed to build on the network of my predecessor Saskia Weber, who was recently seconded from the Bundesbank as a Permanent Representative for four years. Something noteworthy about Paris is that Tim Hagemann, a second Bundesbanker, is here as the Bundesbank’s representative at the German Embassy.

I already had the opportunity to gain experience abroad for the Bundesbank when I worked as deputy head of the Representative Office in New York from 2019 to 2022. Despite the challenges posed by the pandemic, this period was very enriching for my family and me. I originally started working in the Bundesbank’s Directorate General Economics over 20 years ago. After having positions in various areas, I am now looking forward to the many new experiences and impressions Paris has to offer.

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Climate change poses huge challenges for the financial sector, too. TheBundesbanksupports the transition to a low-carbon economy.

OrganisationbackOverview OrganisationExecutive BoardbackOverview Executive BoardProfessor Joachim NagelDr Sabine MaudererBurkhard BalzLutz LienenkämperMichael TheurerProfessor Fritzi Köhler-GeibCOO and DirectoratesCompliance and legal regulationsGTC and legal basisMission Statement and Strategy of the BundesbankThe Bundesbank: key figuresDirections

Executive BoardbackOverview Executive BoardProfessor Joachim NagelDr Sabine MaudererBurkhard BalzLutz LienenkämperMichael TheurerProfessor Fritzi Köhler-Geib

Mission Statement and Strategy of the Bundesbank

Regional Offices and branchesbackOverview Regional Offices and branchesBaden-WürttembergbackOverview Baden-WürttembergBranchesPresidentBavariabackOverview BavariaBranchesPresidentBerlin and BrandenburgbackOverview Berlin and BrandenburgBranchPresidentBremen, Lower Saxony and Saxony-AnhaltbackOverview Bremen, Lower Saxony and Saxony-AnhaltBranchesPresidentHamburg, Mecklenburg-West Pomerania and Schleswig-HolsteinbackOverview Hamburg, Mecklenburg-West Pomerania and Schleswig-HolsteinBranchesPresidentHessebackOverview HesseBranchPresidentNorth Rhine-WestphaliabackOverview North Rhine-WestphaliaBranchesPresidentRhineland-Palatinate and SaarlandbackOverview Rhineland-Palatinate and SaarlandBranchesPresidentSaxony and ThuringiabackOverview Saxony and ThuringiaBranchesPresident

Overview Regional Offices and branches

Berlin and BrandenburgbackOverview Berlin and BrandenburgBranchPresident

Bremen, Lower Saxony and Saxony-AnhaltbackOverview Bremen, Lower Saxony and Saxony-AnhaltBranchesPresident

Overview Bremen, Lower Saxony and Saxony-Anhalt

Hamburg, Mecklenburg-West Pomerania and Schleswig-HolsteinbackOverview Hamburg, Mecklenburg-West Pomerania and Schleswig-HolsteinBranchesPresident

Overview Hamburg, Mecklenburg-West Pomerania and Schleswig-Holstein

Rhineland-Palatinate and SaarlandbackOverview Rhineland-Palatinate and SaarlandBranchesPresident

Saxony and ThuringiabackOverview Saxony and ThuringiaBranchesPresident

Research and Research DatabackOverview Research and Research DataResearch CentrebackOverview Research CentreResearch Professors, Research Council and Research FellowsResearch Areas and ProgrammePeopleResearch BriefDiscussion PapersRefereed PublicationsSeminarsInvited Speakers SeriesResearch Data and Service CentrebackOverview Research Data and Service CentreResearch DataYour research project at the RDSCAbout the RDSCINEXDAPublicationsConferencesResearch Visit and InternshipPanel on Household Finances (PHF)backOverview Panel on Household Finances (PHF)About the PHFMethodologyUser-DocumentationData access and data protectionLinks and documentsSurvey on Consumer Expectations (BOP‑HH)Survey of firms (BOP-F)

Overview Research and Research Data

Research CentrebackOverview Research CentreResearch Professors, Research Council and Research FellowsResearch Areas and ProgrammePeopleResearch BriefDiscussion PapersRefereed PublicationsSeminarsInvited Speakers Series

Research Professors, Research Council and Research Fellows

Research Data and Service CentrebackOverview Research Data and Service CentreResearch DataYour research project at the RDSCAbout the RDSCINEXDAPublications

Overview Research Data and Service Centre

Your research project at the RDSC

Panel on Household Finances (PHF)backOverview Panel on Household Finances (PHF)About the PHFMethodologyUser-DocumentationData access and data protectionLinks and documents

Overview Panel on Household Finances (PHF)

Data access and data protection

Survey on Consumer Expectations (BOP‑HH)

Library and archivesbackOverview Library and archivesLibraryHistorical archive

ArtbackOverview ArtExhibitions & viewing timesPaintings and works on paperSculptures and installationsPublications

Paintings and works on paper

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Money MuseumbackOverview Money MuseumVisitor InformationExhibitionsOffers for GroupsLecturesMuseum discovery tours

International Central Bank DialoguebackOverview International Central Bank DialogueAbout usInternational Central Banking CoursesbackOverview International Central Banking CoursesApplication procedurePast coursesBilateral cooperationEU-funded projectsFrequently asked questionsRepresentative networkNewsletterContact

Overview International Central Bank Dialogue

International Central Banking CoursesbackOverview International Central Banking CoursesApplication procedurePast courses

Overview International Central Banking Courses

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