Background
Dechend was born in Marienwerder, West Prussia (today Kwidzyn, Poland) as son of the lawyer Theodor Dechend.
Dechend was born in Marienwerder, West Prussia (today Kwidzyn, Poland) as son of the lawyer Theodor Dechend.
He passed his Abitur (school leaving examination) in Marienwerder and studied law and Cameralism at the universities of Berlin and Bonn.
Dechend began his professional career at the local court and in the city council of Marienwerder and in 1846 moved to Arnsberg to take up a post in the administration of that Regierungsbezirk (local government district). He occupied several government positions in Berlin before becoming the vice-president of the Bank of Prussia in 1863 and its President in 1864. After the unification of Germany he became the first President of the Reichsbank in 1876.
Dechend married Adelgunde Wilke (20 November 1823 – 1915) and was ennobled as von Dechend in 1865.
In 1848 Dechend took charge of the newly founded public loan office in Berlin and in 1851 became a member of the governing body of the Bank of Prussia. Dechend was a member of the Prussian House of Representatives for the Free Conservative Party in 1867-1869 and of the Prussian House of Lords in 1872-1890.