Formerly Director-General for Economic and Financial Affairs of the European Commission, he began his career as an economist with the International Monetary Fund (IMF) in Washington, D.C. in 1975, and returned to his native Germany in 1980 to work for the German Bankers’ Association and the Ministry of Finance.
Professor Regling returned to the IMF in 1985, where he worked as Deputy Chief of the International Capital Markets Division before becoming IMF Resident Representative in Indonesia from 1989 to 1991. He rejoined the German Ministry of Finance during the crucial period 1991 to 1998, where, along with his colleagues from other EU countries, he helped pave the way for the adoption of the euro. Professor Regling ended his term in the Ministry of Finance as Director-General for European and International Financial Relations before moving to the Moore Capital Strategy Group in London in 1999.
In 2001, Professor Regling took up the position of Director-General for Economic and Financial Affairs at the European Commission, a post which he held until June 2008.