Jacques de Larosière

Jacques de Larosière
Jacques de Larosière
President of the European Bank for Reconstruction and Development
	In office; September 1993 – January 1998
Preceded by	Jacques Attali
Succeeded by	Horst Köhler
Governor of the Banque de France
	In office; 1987–1993
Preceded by	Michel Camdessus
Succeeded by	Jean-Claude Trichet
Managing Director of the IMF
	In office; 17 June 1978 – 15 January 1987
Preceded by	Johan Witteveen
Succeeded by	Michel Camdessus
Personal details
Born	12 November 1929; Paris, France
Nationality	French
Education	Lycée Louis-le-Grand
Alma mater	Sciences Po, ÉNA
Profession	Civil servant

Jacques de Larosière de Champfeu (born 12 November 1929 in Paris) is a French central banker. He is the Chairman of the Strategic Committee of the French Treasury and Advisor to BNP Paribas, became President of the London-based European Bank for Reconstruction and Development in September 1993 in the wake of the scandals that led to the departure of the EBRD's first president, Jacques Attali. He left this position in 1998 after restoring the bank's reputation and credibility. Following the financial crisis, Larosière wrote a report to the European Commission, known as the "Larosière Report", advocating the creation of a “European Systemic Risk Board” to assess information about financial stability.[1]

Prior to his EBRD service, Larosière was an able and tough-minded Managing Director of the International Monetary Fund (IMF) from 17 June 1978 to 15 January 1987, and Governor of the Banque de France from 1987 to 1993. In 1992, he became a member of the influential Washington-based financial advisory body, the Group of Thirty.

Larosière is a graduate of the Institut d'Etudes Politiques de Paris, and École nationale d'administration.

He descends from Joseph Thebaud.

Honours

Grand Officer of the Legion of Honour
Order of the Cross of Terra Mariana, 2nd Class
Honorary Knight Commander of The Most Excellent Order of the British Empire[2]

References

Castle, Stephen (February 25, 2009), "European Panel Seeks Closer Supervision of Banks", New York Times.
"Honorary Knighthoods Awarded 1997-2006".

Civic offices
Preceded by Johan Witteveen	Head of the International Monetary Fund 1978–1987	Succeeded by Michel Camdessus
Preceded by Michel Camdessus	Governor of the Banque de France 1987–1993	Succeeded by Jean-Claude Trichet
Preceded by Jacques Attali	President of the European Bank for Reconstruction and Development 1993–1998	Succeeded by Horst Köhler

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[1] Castle, Stephen (February 25, 2009), "European Panel Seeks Closer Supervision of Banks", New York Times.

[2] "Honorary Knighthoods Awarded 1997-2006".