Achim Wambach is currently serving as the President at ZEW - Leibniz Centre for European Economic Research since April 2016. Prior to this role, Wambach was a Professor of Economics at the University of Cologne from October 2005 to April 2016. He also held the title of Director at the Institute for Economic Policy (iwp) at the University of Cologne from 2009 to 2016. Wambach previously worked as a Professor of Economics at FAU Erlangen-Nürnberg from October 2001 to September 2005 and as an Assistant Professor at Ludwig-Maximilians-Universität München from 1995 to 2001. Wambach received his Habilitation in Economics from Ludwig-Maximilians-Universität München in 2000, his MSc in Economics from The London School of Economics and Political Science (LSE) in 1995, and his PhD in Physics from the University of Oxford in 1994. He completed his undergraduate studies at the University of Cologne from 1988 to 1991.

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