[1][2] Born in Hanover, Lower Saxony, Pöhl worked as a sports reporter to help pay his way through the Georg August University of Göttingen.
In the 1960s he worked as an economic journalist in Bonn until the Social Democratic Party of Germany won the 1969 national election.
During the 1970s and 1980s, Pöhl was the driving force behind German efforts to get Europe's rampant inflation under control and to lay the framework for broad monetary cooperation among industrialized countries.
Oppenheim Jr. & Cie., a German private investment bank and a member of the advisory board of the Carlyle Group.
He sat on the advisory boards of Royal Dutch Shell, Gulfstream, GAMCO, VW, Barrick Gold, Unilever and Rolls-Royce.