[1] Previously, he had been the Greek Minister of Finance from 5 July 2012[2][3] serving until 10 June 2014.

He received a Master's degree (MPhil) and doctorate (DPhil) in economic theory and policy from the University of Oxford in 1980 and 1982 respectively.

[6] Stournaras served as Chairman of the Council of Economic Advisers from 1994 to July 2000.

[7] In this capacity he helped formulate the Greece's macroeconomic policy in the run-up to Greece's accession to the European Monetary Union (Eurozone), and represented the Ministry of Finance at the Monetary Committee (now Economic and Financial Committee) of the European Union.

He is the director of the Foundation for Economic and Industrial Research (IOBE), a Greek think-tank.