Diploma in Economics, University Cologne, 1958. Doctor of Economics and Social Sciences, University Cologne, 1960.
With Federal Ministry for Economy, Federal Republic Germany, Bonn, 1962-1968, ministerial director, 1972-1982. Managing director Foundation Cusanuswerk, 1959-1962, officer division basic issues of economic system and policy, 1962-1967, head directorate European Common Market/relations with 3d world, 1970-1972, head directorate basic issues of economic, business cycle, growth, 1972-1973, head directorate general I, 1973-1982. Permanent secretary Ministry of Finance, Federal Republic Germany, 1982-1989.
Vice president Deutsche Bundesbank, 1991-1993, president, board directors, 1993-1999. Chairman G-10 Central Bank Governors, 1994-1999, German Governor to International Monetary Fund. President economic policy committee European Economic Community, Brussels, 1974-1976, president monetary committee, 1985. President group for positive adjustment policies Organization of European Cooperation and Development, Paris, 1977-1978, chairman. Honorary professor economics Faculty Economic Sciences Martin-Luther University Halle-Wittenberg, 1996. Chairman European Commission Economic Policy Committee, European Commission Monetary Committee. Board directors several banks and companies.
Economics Policy Committee of European Community and Organisation for Economic Co-operation and Development 1972-1982. Board of directors, Bundesbank since 1990.
Married 1st Marie-Luise Tietmeyer (died in 1978), 2nd Maria-Therese Tietmeyer in 1980.