DR WILLEM FREDERIK DUISENBERG
Former Head of the
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DR WILLEM FREDERIK DUISENBERG
President of the European Central Bank, Frankfurt
Willem F. Duisenberg was born in the Netherlands in 1935. After completing his secondary education in 1954, he studied at the University of Groningen and graduated with a degree in Economics (cum laude) in 1961.
From 1961 to 1965 he worked as a teaching assistant during his postgraduate studies at the University of Groningen and was awarded a doctorate (PhD) in 1965. In the same year he joined the staff of the International Monetary Fund (IMF), Washington, DC.
He returned to the Netherlands in 1969 to join De Nederlandsche Bank as Adviser to the Governing Board. Dr. Duisenberg was appointed Professor of Macroeconomics at the University of Amsterdam in 1970, a position he held until 1973, when he became Dutch Minister of Finance.
From 1977 to 1978 he was a Member of Parliament for the Partij van de Arbeid (Socialist Party) and from 1978 to 1981 was a member and Vice-Chairman of the Executive Board of Rabobank Nederland.
Dr. Duisenberg rejoined De Nederlandsche Bank as Executive Director in 1981 and was appointed President in 1982, holding this post until 1997. Between 1988 and 1990 and from January 1994 to June 1997 he was Chairman of the Board and President of the Bank for International Settlements (BIS) in Basle, and between 1991 and 1993 served as a member of the Board of Directors of the BIS. Dr. Duisenberg was a member of the Council of the European Monetary Institute (EMI) from January 1994 to June 1997 and President of the EMI from July 1997.
Since 1 June 1998 he has been President of the European Central Bank (ECB).
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