Wim Duisenberg, Date of Birth, Place of Birth, Date of Death

    

Wim Duisenberg

Dutch politician and economist

Date of Birth: 09-Jul-1935

Place of Birth: Heerenveen, Friesland, Netherlands

Date of Death: 31-Jul-2005

Profession: politician, professor, economist, banker, university teacher

Nationality: Kingdom of the Netherlands

Zodiac Sign: Cancer


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About Wim Duisenberg

  • Willem Frederik "Wim" Duisenberg (Dutch pronunciation: ['??l?m 'fre?d?r?k ??m 'dÅ“ys?(m)b?r(?)x] (listen); 9 July 1935 – 31 July 2005) was a Dutch politician of the Labour Party (PvdA) and economist.
  • He served as President of the European Central Bank from 1 June 1998 until 1 November 2003. Duisenberg attended a Gymnasium in Heerenveen from May 1947 until June 1953.
  • Duisenberg applied at the University of Groningen in June 1954 majoring in Economics and obtaining an Bachelor of Economics degree in June 1956 before graduating with an Master of Economics degree in July 1961.
  • Duisenberg worked as a researcher at the University of Groningen from July 1961 until September 1965 and got an doctorate as an Doctor of Philosophy in Development economics in April 1965.
  • Duisenberg worked as a financial analyst for the International Monetary Fund (IMF) in Washington, D.C.
  • from January 1966 until March 1969 and as a civil servant for the Central Bank of the Netherlands from March 1969 until February 1970.
  • Duisenberg worked as a professor of Macroeconomics at the University of Amsterdam from 1 February 1970 until 11 May 1973. After the election of 1972 Duisenberg was appointed as Minister of Finance in the Cabinet Den Uyl, taking office on 11 May 1973.
  • The Cabinet Den Uyl fell on 22 March 1977 after four years of tensions in the coalition and continued to serve in a demissionary capacity.
  • Duisenberg was elected as a Member of the House of Representatives after the election of 1977, taking office on 8 June 1977 but he was still serving in the cabinet and because of dualism customs in the constitutional convention of Dutch politics he couldn't serve a dual mandate he subsequently resigned as a Member of the House of Representatives on 8 September 1977.
  • The Cabinet Den Uyl was replaced by the Cabinet Van Agt-Wiegel following the cabinet formation of 1977 on 11 May 1973 and he subsequently returned as Member of the House of Representatives after the resignation of Wijnie Jabaaij, taking office on 16 January 1978 serving as a frontbencher and spokesperson for Finances. In June 1978 Duisenberg was named as Chief financial officer (CFO) of the Rabobank, he resigned as a Member of the House of Representatives the same day he was installed as Chief financial officer on 28 June 1978.
  • In November 1981 Duisenberg was nominated as the President of the Central Bank of the Netherlands (DNB), he resigned as Chief financial officer of the Rabobank the same day he was installed as President of the Central Bank of the Netherlands, taking office on 1 January 1982.
  • In June 1997 Duisenberg was nominated as the President of the European Monetary Institute (EMI), he resigned as President of the Central Bank of the Netherlands the same day he was installed as President of the European Monetary Institute, taking office on 1 July 1997.
  • In May 1998 the European Monetary Institute was reformed to the European Central Bank (ECB) with Duisenberg nominated as the first President of the European Central Bank, serving from 1 June 1998 until 1 November 2003. Duisenberg retired after spending 30 years in national politics and became active in the private sector and public sector and occupied numerous seats as a corporate director and nonprofit director on several boards of directors and supervisory boards (Air France–KLM, Achmea, Rabobank, Schiphol Group and the Rijksmuseum) and as an advocate and lobbyist for Financial regulation and European integration. Duisenberg was known for his abilities as a manager and negotiator.
  • Duisenberg continued to comment on political affairs as an statesman until his death after suffering a heart Attack and drowning in a swimming pool.
  • Duisenberg holds the distinction as the first serving President of the European Central Bank.

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