Кіріспе
Француз экономисі Жан Клод Трише (туған 20 желтоқсан 1942 жылы) – 2004 жылдан 2011 жылға дейін Еуропалық Орталық Банктің президенті болған француз экономисі. Президенттік лауазымға тағайындалғанға дейін 1993 жылдан 2004 жылға дейін Франция Банкінің губернаторы қызметін атқарды. Еуропалық Орталық банктегі қызметтен кейін Трише Франция бойынша лекциялар оқыды және Халықаралық есептесулер банкінің директорлар кеңесіне кірді. Ол Брюгель саяси емес сараптамалық орталығына қосылып, экономикалық саясат мәселелері бойынша кеңес беруге шақырылды. 2008 жылы Трише Newsweek журналының «әлемдегі ең ықпалды адамдар» тізімінде Бен Бернанке (төртінші орын) және Масааки Ширакавамен (алтыншы орын) бірге бесінші орынды иеленді.
French economist
Jean Claude Trichet (ʒɑ̃ klod tʁiʃɛ; born 20 December 1942) is a French economist who was President of the European Central Bank from 2004 to 2011. Previous to his assumption of the presidency he was Governor of the Bank of France from 1993 to 2004. After stepping down from the European Central Bank, Trichet has taken speaking arrangements across France and was on the board of directors of the Bank for International Settlements. He was asked to join the non doctrinal think tank, Bruegel, to consult on economic policy. In 2008, Trichet ranked fifth on Newsweek'''s list of the world's most powerful along with economic triumvirs Ben Bernanke (fourth) and Masaaki Shirakawa (sixth). Early life and education
Trichet was born in 1942 in Lyon, the son of a professor of Greek and Latin. He was educated at the École des Mines de Nancy, from which he graduated in 1964. He later earned a master's degree in economics from the University of Paris and then trained at the Institut d'études politiques de Paris (best known as Sciences Po), finishing in 1966, and the École nationale d'administration (ENA) from 1969–1971, two French higher education institutions in the field of political science and state administration. Career
Career in the public sector
From 1987, Trichet was head of the Trésor public. In this capacity, he also chaired the Paris Club of creditor nations in the mid 1980s and was closely involved in debt problems that struck Latin America, Africa and the Middle East. He also became a member of Washington based financial advisory body, the Group of Thirty. Soon after taking office at Trésor, Trichet oversaw the change to an anti inflationary franc fort (strong franc) policy, to pave the way for currency union with Germany. In 1993, he led Trésor’s move to grant the Bank of France independence to set its own interest rates. In 1993, Trichet was appointed governor of Banque de France. Both as director of the French Treasury and then governor of the Banque de France, he was widely seen as one of the architects of the European monetary union. By 1997, Prime Minister Lionel Jospin and President Jacques Chirac proposed Trichet as France’s candidate for the position as president of the European Central Bank; this way they opposed Wim Duisenberg, the candidate preferred by the majority of the Eurozone members. Under a compromise laid out by German Finance Minister Theo Waigel, Duisenberg would resign midway through his eight year term to make way for Trichet. On 1 November 2003 he succeeded Wim Duisenberg. During his time in office, Trichet oversaw the ECB’s response to the European debt crisis, including its Securities Markets Programme to stem the crisis in eurozone government bond markets. In 2011, ECB board member Jürgen Stark resigned in what was widely seen as a protest against this policy. Career in the private sector
On 28 January 2012, the board of the European Aeronautic Defence and Space Company approved Trichet’s nomination to the Board, where he represented (with Dominique d’Hinnin of the Lagardère Group) the French state’s holding company SOGEADE. Trichet succeeded Mario Monti as chairman of the European branch of the Trilateral Commission in 2012. Trichet was a member of the Eminent Persons Group on Global Financial Governance, which was established by the G20 Finance Ministers and Central Bank Governors for the period from 2017 to 2018. In early 2021, Trichet was appointed by the G20 to the High Level Independent Panel (HLIP) on financing the global commons for pandemic preparedness and response, co chaired by Ngozi Okonjo Iweala, Tharman Shanmugaratnam and Lawrence Summers. Other activities
International organizations
European Central Bank, Chair of the Ethics Committee (2016–2019)
European Systemic Risk Board (ESRB), Chair (2010–2011)
Corporate boards
PIMCO, Member of the Global Advisory Board (since 2015)
Non profit organizations
Bretton Woods Committee, Member of the Advisory Council (since 2020)
Scope Foundation, Member of the Honorary Board (since 2020)
Center for Economic and Policy Research (CEPR), Distinguished Fellow (since 2019)
Bruegel, Chairman of the Board (since 2012)
Bilderberg Group, Member of the Steering Committee
European Horizons, Advisor
Complexity Research Initiative for Systemic Instabilities (CRISIS), Member of the Advisory Board
Institute for Law and Finance at the Goethe University Frankfurt, Member of the Academic Advisory Board
Systemic Risk Council (SRC), Senior Advisor
Political positions
At the height of the euro crisis, Trichet publicly criticized President Nicolas Sarkozy and Chancellor Angela Merkel, who had agreed at a meeting in Deauville in 2010 that sovereign debt could be restructured in a bailout to make private investors pay their share; the plan was never implemented. At the ceremony for the Charlemagne Prize in 2011, Trichet called for the creation of a central finance ministry to oversee spending by countries that use the euro. On 5 August 2011 Trichet wrote, together with Mario Draghi, a letter to the Italian government to push for a series of economic measures that would soon be implemented in Italy. In 2015, Trichet joined forces with two other former governors of the Bank of France – Michel Camdessus and Jacques de Larosière – in publicly supporting President François Hollande’s appointment of François Villeroy de Galhau to head the central bank. In a 2019 article for the Financial Times'', Trichet publicly hit back against some of his former colleagues at the European Central Bank – including Jürgen Stark and Otmar Issing, who both worked as ECB chief economist under Trichet’s presidency –, calling them "misguided" in their criticism of the loose monetary policy pursued by his successor as president Mario Draghi.
Jean Claude Trichet (ʒɑ̃ klod tʁiʃɛ; born 20 December 1942) is a French economist who was President of the European Central Bank from 2004 to 2011. Previous to his assumption of the presidency he was Governor of the Bank of France from 1993 to 2004. After stepping down from the European Central Bank, Trichet has taken speaking arrangements across France and was on the board of directors of the Bank for International Settlements. He was asked to join the non doctrinal think tank, Bruegel, to consult on economic policy. In 2008, Trichet ranked fifth on Newsweek'''s list of the world's most powerful along with economic triumvirs Ben Bernanke (fourth) and Masaaki Shirakawa (sixth). Early life and education
Trichet was born in 1942 in Lyon, the son of a professor of Greek and Latin. He was educated at the École des Mines de Nancy, from which he graduated in 1964. He later earned a master's degree in economics from the University of Paris and then trained at the Institut d'études politiques de Paris (best known as Sciences Po), finishing in 1966, and the École nationale d'administration (ENA) from 1969–1971, two French higher education institutions in the field of political science and state administration. Career
Career in the public sector
From 1987, Trichet was head of the Trésor public. In this capacity, he also chaired the Paris Club of creditor nations in the mid 1980s and was closely involved in debt problems that struck Latin America, Africa and the Middle East. He also became a member of Washington based financial advisory body, the Group of Thirty. Soon after taking office at Trésor, Trichet oversaw the change to an anti inflationary franc fort (strong franc) policy, to pave the way for currency union with Germany. In 1993, he led Trésor’s move to grant the Bank of France independence to set its own interest rates. In 1993, Trichet was appointed governor of Banque de France. Both as director of the French Treasury and then governor of the Banque de France, he was widely seen as one of the architects of the European monetary union. By 1997, Prime Minister Lionel Jospin and President Jacques Chirac proposed Trichet as France’s candidate for the position as president of the European Central Bank; this way they opposed Wim Duisenberg, the candidate preferred by the majority of the Eurozone members. Under a compromise laid out by German Finance Minister Theo Waigel, Duisenberg would resign midway through his eight year term to make way for Trichet. On 1 November 2003 he succeeded Wim Duisenberg. During his time in office, Trichet oversaw the ECB’s response to the European debt crisis, including its Securities Markets Programme to stem the crisis in eurozone government bond markets. In 2011, ECB board member Jürgen Stark resigned in what was widely seen as a protest against this policy. Career in the private sector
On 28 January 2012, the board of the European Aeronautic Defence and Space Company approved Trichet’s nomination to the Board, where he represented (with Dominique d’Hinnin of the Lagardère Group) the French state’s holding company SOGEADE. Trichet succeeded Mario Monti as chairman of the European branch of the Trilateral Commission in 2012. Trichet was a member of the Eminent Persons Group on Global Financial Governance, which was established by the G20 Finance Ministers and Central Bank Governors for the period from 2017 to 2018. In early 2021, Trichet was appointed by the G20 to the High Level Independent Panel (HLIP) on financing the global commons for pandemic preparedness and response, co chaired by Ngozi Okonjo Iweala, Tharman Shanmugaratnam and Lawrence Summers. Other activities
International organizations
European Central Bank, Chair of the Ethics Committee (2016–2019)
European Systemic Risk Board (ESRB), Chair (2010–2011)
Corporate boards
PIMCO, Member of the Global Advisory Board (since 2015)
Non profit organizations
Bretton Woods Committee, Member of the Advisory Council (since 2020)
Scope Foundation, Member of the Honorary Board (since 2020)
Center for Economic and Policy Research (CEPR), Distinguished Fellow (since 2019)
Bruegel, Chairman of the Board (since 2012)
Bilderberg Group, Member of the Steering Committee
European Horizons, Advisor
Complexity Research Initiative for Systemic Instabilities (CRISIS), Member of the Advisory Board
Institute for Law and Finance at the Goethe University Frankfurt, Member of the Academic Advisory Board
Systemic Risk Council (SRC), Senior Advisor
Political positions
At the height of the euro crisis, Trichet publicly criticized President Nicolas Sarkozy and Chancellor Angela Merkel, who had agreed at a meeting in Deauville in 2010 that sovereign debt could be restructured in a bailout to make private investors pay their share; the plan was never implemented. At the ceremony for the Charlemagne Prize in 2011, Trichet called for the creation of a central finance ministry to oversee spending by countries that use the euro. On 5 August 2011 Trichet wrote, together with Mario Draghi, a letter to the Italian government to push for a series of economic measures that would soon be implemented in Italy. In 2015, Trichet joined forces with two other former governors of the Bank of France – Michel Camdessus and Jacques de Larosière – in publicly supporting President François Hollande’s appointment of François Villeroy de Galhau to head the central bank. In a 2019 article for the Financial Times'', Trichet publicly hit back against some of his former colleagues at the European Central Bank – including Jürgen Stark and Otmar Issing, who both worked as ECB chief economist under Trichet’s presidency –, calling them "misguided" in their criticism of the loose monetary policy pursued by his successor as president Mario Draghi.
Трише 1942 жылы Лион қаласында грек және латын тілдерінің профессорының ұлы ретінде дүниеге келді. Ол 1964 жылы бітірген Нанси тау-кен институтында білім алды. Кейін ол Париж университетінде экономика мамандығы бойынша магистр дәрежесін алды, содан кейін 1966 жылы Париж саяси институтында (Sciences Po деп белгілі) және 1969-1971 жылдары Францияның екі жоғары оқу орнында саясаттану және мемлекеттік басқару саласында оқыды.
French economist
Jean Claude Trichet (ʒɑ̃ klod tʁiʃɛ; born 20 December 1942) is a French economist who was President of the European Central Bank from 2004 to 2011. Previous to his assumption of the presidency he was Governor of the Bank of France from 1993 to 2004. After stepping down from the European Central Bank, Trichet has taken speaking arrangements across France and was on the board of directors of the Bank for International Settlements. He was asked to join the non doctrinal think tank, Bruegel, to consult on economic policy. In 2008, Trichet ranked fifth on Newsweek'''s list of the world's most powerful along with economic triumvirs Ben Bernanke (fourth) and Masaaki Shirakawa (sixth). Early life and education
Trichet was born in 1942 in Lyon, the son of a professor of Greek and Latin. He was educated at the École des Mines de Nancy, from which he graduated in 1964. He later earned a master's degree in economics from the University of Paris and then trained at the Institut d'études politiques de Paris (best known as Sciences Po), finishing in 1966, and the École nationale d'administration (ENA) from 1969–1971, two French higher education institutions in the field of political science and state administration. Career
Career in the public sector
From 1987, Trichet was head of the Trésor public. In this capacity, he also chaired the Paris Club of creditor nations in the mid 1980s and was closely involved in debt problems that struck Latin America, Africa and the Middle East. He also became a member of Washington based financial advisory body, the Group of Thirty. Soon after taking office at Trésor, Trichet oversaw the change to an anti inflationary franc fort (strong franc) policy, to pave the way for currency union with Germany. In 1993, he led Trésor’s move to grant the Bank of France independence to set its own interest rates. In 1993, Trichet was appointed governor of Banque de France. Both as director of the French Treasury and then governor of the Banque de France, he was widely seen as one of the architects of the European monetary union. By 1997, Prime Minister Lionel Jospin and President Jacques Chirac proposed Trichet as France’s candidate for the position as president of the European Central Bank; this way they opposed Wim Duisenberg, the candidate preferred by the majority of the Eurozone members. Under a compromise laid out by German Finance Minister Theo Waigel, Duisenberg would resign midway through his eight year term to make way for Trichet. On 1 November 2003 he succeeded Wim Duisenberg. During his time in office, Trichet oversaw the ECB’s response to the European debt crisis, including its Securities Markets Programme to stem the crisis in eurozone government bond markets. In 2011, ECB board member Jürgen Stark resigned in what was widely seen as a protest against this policy. Career in the private sector
On 28 January 2012, the board of the European Aeronautic Defence and Space Company approved Trichet’s nomination to the Board, where he represented (with Dominique d’Hinnin of the Lagardère Group) the French state’s holding company SOGEADE. Trichet succeeded Mario Monti as chairman of the European branch of the Trilateral Commission in 2012. Trichet was a member of the Eminent Persons Group on Global Financial Governance, which was established by the G20 Finance Ministers and Central Bank Governors for the period from 2017 to 2018. In early 2021, Trichet was appointed by the G20 to the High Level Independent Panel (HLIP) on financing the global commons for pandemic preparedness and response, co chaired by Ngozi Okonjo Iweala, Tharman Shanmugaratnam and Lawrence Summers. Other activities
International organizations
European Central Bank, Chair of the Ethics Committee (2016–2019)
European Systemic Risk Board (ESRB), Chair (2010–2011)
Corporate boards
PIMCO, Member of the Global Advisory Board (since 2015)
Non profit organizations
Bretton Woods Committee, Member of the Advisory Council (since 2020)
Scope Foundation, Member of the Honorary Board (since 2020)
Center for Economic and Policy Research (CEPR), Distinguished Fellow (since 2019)
Bruegel, Chairman of the Board (since 2012)
Bilderberg Group, Member of the Steering Committee
European Horizons, Advisor
Complexity Research Initiative for Systemic Instabilities (CRISIS), Member of the Advisory Board
Institute for Law and Finance at the Goethe University Frankfurt, Member of the Academic Advisory Board
Systemic Risk Council (SRC), Senior Advisor
Political positions
At the height of the euro crisis, Trichet publicly criticized President Nicolas Sarkozy and Chancellor Angela Merkel, who had agreed at a meeting in Deauville in 2010 that sovereign debt could be restructured in a bailout to make private investors pay their share; the plan was never implemented. At the ceremony for the Charlemagne Prize in 2011, Trichet called for the creation of a central finance ministry to oversee spending by countries that use the euro. On 5 August 2011 Trichet wrote, together with Mario Draghi, a letter to the Italian government to push for a series of economic measures that would soon be implemented in Italy. In 2015, Trichet joined forces with two other former governors of the Bank of France – Michel Camdessus and Jacques de Larosière – in publicly supporting President François Hollande’s appointment of François Villeroy de Galhau to head the central bank. In a 2019 article for the Financial Times'', Trichet publicly hit back against some of his former colleagues at the European Central Bank – including Jürgen Stark and Otmar Issing, who both worked as ECB chief economist under Trichet’s presidency –, calling them "misguided" in their criticism of the loose monetary policy pursued by his successor as president Mario Draghi.
Jean Claude Trichet (ʒɑ̃ klod tʁiʃɛ; born 20 December 1942) is a French economist who was President of the European Central Bank from 2004 to 2011. Previous to his assumption of the presidency he was Governor of the Bank of France from 1993 to 2004. After stepping down from the European Central Bank, Trichet has taken speaking arrangements across France and was on the board of directors of the Bank for International Settlements. He was asked to join the non doctrinal think tank, Bruegel, to consult on economic policy. In 2008, Trichet ranked fifth on Newsweek'''s list of the world's most powerful along with economic triumvirs Ben Bernanke (fourth) and Masaaki Shirakawa (sixth). Early life and education
Trichet was born in 1942 in Lyon, the son of a professor of Greek and Latin. He was educated at the École des Mines de Nancy, from which he graduated in 1964. He later earned a master's degree in economics from the University of Paris and then trained at the Institut d'études politiques de Paris (best known as Sciences Po), finishing in 1966, and the École nationale d'administration (ENA) from 1969–1971, two French higher education institutions in the field of political science and state administration. Career
Career in the public sector
From 1987, Trichet was head of the Trésor public. In this capacity, he also chaired the Paris Club of creditor nations in the mid 1980s and was closely involved in debt problems that struck Latin America, Africa and the Middle East. He also became a member of Washington based financial advisory body, the Group of Thirty. Soon after taking office at Trésor, Trichet oversaw the change to an anti inflationary franc fort (strong franc) policy, to pave the way for currency union with Germany. In 1993, he led Trésor’s move to grant the Bank of France independence to set its own interest rates. In 1993, Trichet was appointed governor of Banque de France. Both as director of the French Treasury and then governor of the Banque de France, he was widely seen as one of the architects of the European monetary union. By 1997, Prime Minister Lionel Jospin and President Jacques Chirac proposed Trichet as France’s candidate for the position as president of the European Central Bank; this way they opposed Wim Duisenberg, the candidate preferred by the majority of the Eurozone members. Under a compromise laid out by German Finance Minister Theo Waigel, Duisenberg would resign midway through his eight year term to make way for Trichet. On 1 November 2003 he succeeded Wim Duisenberg. During his time in office, Trichet oversaw the ECB’s response to the European debt crisis, including its Securities Markets Programme to stem the crisis in eurozone government bond markets. In 2011, ECB board member Jürgen Stark resigned in what was widely seen as a protest against this policy. Career in the private sector
On 28 January 2012, the board of the European Aeronautic Defence and Space Company approved Trichet’s nomination to the Board, where he represented (with Dominique d’Hinnin of the Lagardère Group) the French state’s holding company SOGEADE. Trichet succeeded Mario Monti as chairman of the European branch of the Trilateral Commission in 2012. Trichet was a member of the Eminent Persons Group on Global Financial Governance, which was established by the G20 Finance Ministers and Central Bank Governors for the period from 2017 to 2018. In early 2021, Trichet was appointed by the G20 to the High Level Independent Panel (HLIP) on financing the global commons for pandemic preparedness and response, co chaired by Ngozi Okonjo Iweala, Tharman Shanmugaratnam and Lawrence Summers. Other activities
International organizations
European Central Bank, Chair of the Ethics Committee (2016–2019)
European Systemic Risk Board (ESRB), Chair (2010–2011)
Corporate boards
PIMCO, Member of the Global Advisory Board (since 2015)
Non profit organizations
Bretton Woods Committee, Member of the Advisory Council (since 2020)
Scope Foundation, Member of the Honorary Board (since 2020)
Center for Economic and Policy Research (CEPR), Distinguished Fellow (since 2019)
Bruegel, Chairman of the Board (since 2012)
Bilderberg Group, Member of the Steering Committee
European Horizons, Advisor
Complexity Research Initiative for Systemic Instabilities (CRISIS), Member of the Advisory Board
Institute for Law and Finance at the Goethe University Frankfurt, Member of the Academic Advisory Board
Systemic Risk Council (SRC), Senior Advisor
Political positions
At the height of the euro crisis, Trichet publicly criticized President Nicolas Sarkozy and Chancellor Angela Merkel, who had agreed at a meeting in Deauville in 2010 that sovereign debt could be restructured in a bailout to make private investors pay their share; the plan was never implemented. At the ceremony for the Charlemagne Prize in 2011, Trichet called for the creation of a central finance ministry to oversee spending by countries that use the euro. On 5 August 2011 Trichet wrote, together with Mario Draghi, a letter to the Italian government to push for a series of economic measures that would soon be implemented in Italy. In 2015, Trichet joined forces with two other former governors of the Bank of France – Michel Camdessus and Jacques de Larosière – in publicly supporting President François Hollande’s appointment of François Villeroy de Galhau to head the central bank. In a 2019 article for the Financial Times'', Trichet publicly hit back against some of his former colleagues at the European Central Bank – including Jürgen Stark and Otmar Issing, who both worked as ECB chief economist under Trichet’s presidency –, calling them "misguided" in their criticism of the loose monetary policy pursued by his successor as president Mario Draghi.
**Мансап жолы**
French economist
Jean Claude Trichet (ʒɑ̃ klod tʁiʃɛ; born 20 December 1942) is a French economist who was President of the European Central Bank from 2004 to 2011. Previous to his assumption of the presidency he was Governor of the Bank of France from 1993 to 2004. After stepping down from the European Central Bank, Trichet has taken speaking arrangements across France and was on the board of directors of the Bank for International Settlements. He was asked to join the non doctrinal think tank, Bruegel, to consult on economic policy. In 2008, Trichet ranked fifth on Newsweek'''s list of the world's most powerful along with economic triumvirs Ben Bernanke (fourth) and Masaaki Shirakawa (sixth). Early life and education
Trichet was born in 1942 in Lyon, the son of a professor of Greek and Latin. He was educated at the École des Mines de Nancy, from which he graduated in 1964. He later earned a master's degree in economics from the University of Paris and then trained at the Institut d'études politiques de Paris (best known as Sciences Po), finishing in 1966, and the École nationale d'administration (ENA) from 1969–1971, two French higher education institutions in the field of political science and state administration. Career
Career in the public sector
From 1987, Trichet was head of the Trésor public. In this capacity, he also chaired the Paris Club of creditor nations in the mid 1980s and was closely involved in debt problems that struck Latin America, Africa and the Middle East. He also became a member of Washington based financial advisory body, the Group of Thirty. Soon after taking office at Trésor, Trichet oversaw the change to an anti inflationary franc fort (strong franc) policy, to pave the way for currency union with Germany. In 1993, he led Trésor’s move to grant the Bank of France independence to set its own interest rates. In 1993, Trichet was appointed governor of Banque de France. Both as director of the French Treasury and then governor of the Banque de France, he was widely seen as one of the architects of the European monetary union. By 1997, Prime Minister Lionel Jospin and President Jacques Chirac proposed Trichet as France’s candidate for the position as president of the European Central Bank; this way they opposed Wim Duisenberg, the candidate preferred by the majority of the Eurozone members. Under a compromise laid out by German Finance Minister Theo Waigel, Duisenberg would resign midway through his eight year term to make way for Trichet. On 1 November 2003 he succeeded Wim Duisenberg. During his time in office, Trichet oversaw the ECB’s response to the European debt crisis, including its Securities Markets Programme to stem the crisis in eurozone government bond markets. In 2011, ECB board member Jürgen Stark resigned in what was widely seen as a protest against this policy. Career in the private sector
On 28 January 2012, the board of the European Aeronautic Defence and Space Company approved Trichet’s nomination to the Board, where he represented (with Dominique d’Hinnin of the Lagardère Group) the French state’s holding company SOGEADE. Trichet succeeded Mario Monti as chairman of the European branch of the Trilateral Commission in 2012. Trichet was a member of the Eminent Persons Group on Global Financial Governance, which was established by the G20 Finance Ministers and Central Bank Governors for the period from 2017 to 2018. In early 2021, Trichet was appointed by the G20 to the High Level Independent Panel (HLIP) on financing the global commons for pandemic preparedness and response, co chaired by Ngozi Okonjo Iweala, Tharman Shanmugaratnam and Lawrence Summers. Other activities
International organizations
European Central Bank, Chair of the Ethics Committee (2016–2019)
European Systemic Risk Board (ESRB), Chair (2010–2011)
Corporate boards
PIMCO, Member of the Global Advisory Board (since 2015)
Non profit organizations
Bretton Woods Committee, Member of the Advisory Council (since 2020)
Scope Foundation, Member of the Honorary Board (since 2020)
Center for Economic and Policy Research (CEPR), Distinguished Fellow (since 2019)
Bruegel, Chairman of the Board (since 2012)
Bilderberg Group, Member of the Steering Committee
European Horizons, Advisor
Complexity Research Initiative for Systemic Instabilities (CRISIS), Member of the Advisory Board
Institute for Law and Finance at the Goethe University Frankfurt, Member of the Academic Advisory Board
Systemic Risk Council (SRC), Senior Advisor
Political positions
At the height of the euro crisis, Trichet publicly criticized President Nicolas Sarkozy and Chancellor Angela Merkel, who had agreed at a meeting in Deauville in 2010 that sovereign debt could be restructured in a bailout to make private investors pay their share; the plan was never implemented. At the ceremony for the Charlemagne Prize in 2011, Trichet called for the creation of a central finance ministry to oversee spending by countries that use the euro. On 5 August 2011 Trichet wrote, together with Mario Draghi, a letter to the Italian government to push for a series of economic measures that would soon be implemented in Italy. In 2015, Trichet joined forces with two other former governors of the Bank of France – Michel Camdessus and Jacques de Larosière – in publicly supporting President François Hollande’s appointment of François Villeroy de Galhau to head the central bank. In a 2019 article for the Financial Times'', Trichet publicly hit back against some of his former colleagues at the European Central Bank – including Jürgen Stark and Otmar Issing, who both worked as ECB chief economist under Trichet’s presidency –, calling them "misguided" in their criticism of the loose monetary policy pursued by his successor as president Mario Draghi.
Jean Claude Trichet (ʒɑ̃ klod tʁiʃɛ; born 20 December 1942) is a French economist who was President of the European Central Bank from 2004 to 2011. Previous to his assumption of the presidency he was Governor of the Bank of France from 1993 to 2004. After stepping down from the European Central Bank, Trichet has taken speaking arrangements across France and was on the board of directors of the Bank for International Settlements. He was asked to join the non doctrinal think tank, Bruegel, to consult on economic policy. In 2008, Trichet ranked fifth on Newsweek'''s list of the world's most powerful along with economic triumvirs Ben Bernanke (fourth) and Masaaki Shirakawa (sixth). Early life and education
Trichet was born in 1942 in Lyon, the son of a professor of Greek and Latin. He was educated at the École des Mines de Nancy, from which he graduated in 1964. He later earned a master's degree in economics from the University of Paris and then trained at the Institut d'études politiques de Paris (best known as Sciences Po), finishing in 1966, and the École nationale d'administration (ENA) from 1969–1971, two French higher education institutions in the field of political science and state administration. Career
Career in the public sector
From 1987, Trichet was head of the Trésor public. In this capacity, he also chaired the Paris Club of creditor nations in the mid 1980s and was closely involved in debt problems that struck Latin America, Africa and the Middle East. He also became a member of Washington based financial advisory body, the Group of Thirty. Soon after taking office at Trésor, Trichet oversaw the change to an anti inflationary franc fort (strong franc) policy, to pave the way for currency union with Germany. In 1993, he led Trésor’s move to grant the Bank of France independence to set its own interest rates. In 1993, Trichet was appointed governor of Banque de France. Both as director of the French Treasury and then governor of the Banque de France, he was widely seen as one of the architects of the European monetary union. By 1997, Prime Minister Lionel Jospin and President Jacques Chirac proposed Trichet as France’s candidate for the position as president of the European Central Bank; this way they opposed Wim Duisenberg, the candidate preferred by the majority of the Eurozone members. Under a compromise laid out by German Finance Minister Theo Waigel, Duisenberg would resign midway through his eight year term to make way for Trichet. On 1 November 2003 he succeeded Wim Duisenberg. During his time in office, Trichet oversaw the ECB’s response to the European debt crisis, including its Securities Markets Programme to stem the crisis in eurozone government bond markets. In 2011, ECB board member Jürgen Stark resigned in what was widely seen as a protest against this policy. Career in the private sector
On 28 January 2012, the board of the European Aeronautic Defence and Space Company approved Trichet’s nomination to the Board, where he represented (with Dominique d’Hinnin of the Lagardère Group) the French state’s holding company SOGEADE. Trichet succeeded Mario Monti as chairman of the European branch of the Trilateral Commission in 2012. Trichet was a member of the Eminent Persons Group on Global Financial Governance, which was established by the G20 Finance Ministers and Central Bank Governors for the period from 2017 to 2018. In early 2021, Trichet was appointed by the G20 to the High Level Independent Panel (HLIP) on financing the global commons for pandemic preparedness and response, co chaired by Ngozi Okonjo Iweala, Tharman Shanmugaratnam and Lawrence Summers. Other activities
International organizations
European Central Bank, Chair of the Ethics Committee (2016–2019)
European Systemic Risk Board (ESRB), Chair (2010–2011)
Corporate boards
PIMCO, Member of the Global Advisory Board (since 2015)
Non profit organizations
Bretton Woods Committee, Member of the Advisory Council (since 2020)
Scope Foundation, Member of the Honorary Board (since 2020)
Center for Economic and Policy Research (CEPR), Distinguished Fellow (since 2019)
Bruegel, Chairman of the Board (since 2012)
Bilderberg Group, Member of the Steering Committee
European Horizons, Advisor
Complexity Research Initiative for Systemic Instabilities (CRISIS), Member of the Advisory Board
Institute for Law and Finance at the Goethe University Frankfurt, Member of the Academic Advisory Board
Systemic Risk Council (SRC), Senior Advisor
Political positions
At the height of the euro crisis, Trichet publicly criticized President Nicolas Sarkozy and Chancellor Angela Merkel, who had agreed at a meeting in Deauville in 2010 that sovereign debt could be restructured in a bailout to make private investors pay their share; the plan was never implemented. At the ceremony for the Charlemagne Prize in 2011, Trichet called for the creation of a central finance ministry to oversee spending by countries that use the euro. On 5 August 2011 Trichet wrote, together with Mario Draghi, a letter to the Italian government to push for a series of economic measures that would soon be implemented in Italy. In 2015, Trichet joined forces with two other former governors of the Bank of France – Michel Camdessus and Jacques de Larosière – in publicly supporting President François Hollande’s appointment of François Villeroy de Galhau to head the central bank. In a 2019 article for the Financial Times'', Trichet publicly hit back against some of his former colleagues at the European Central Bank – including Jürgen Stark and Otmar Issing, who both worked as ECB chief economist under Trichet’s presidency –, calling them "misguided" in their criticism of the loose monetary policy pursued by his successor as president Mario Draghi.
**Мемлекеттік сектордағы мансабы**
French economist
Jean Claude Trichet (ʒɑ̃ klod tʁiʃɛ; born 20 December 1942) is a French economist who was President of the European Central Bank from 2004 to 2011. Previous to his assumption of the presidency he was Governor of the Bank of France from 1993 to 2004. After stepping down from the European Central Bank, Trichet has taken speaking arrangements across France and was on the board of directors of the Bank for International Settlements. He was asked to join the non doctrinal think tank, Bruegel, to consult on economic policy. In 2008, Trichet ranked fifth on Newsweek'''s list of the world's most powerful along with economic triumvirs Ben Bernanke (fourth) and Masaaki Shirakawa (sixth). Early life and education
Trichet was born in 1942 in Lyon, the son of a professor of Greek and Latin. He was educated at the École des Mines de Nancy, from which he graduated in 1964. He later earned a master's degree in economics from the University of Paris and then trained at the Institut d'études politiques de Paris (best known as Sciences Po), finishing in 1966, and the École nationale d'administration (ENA) from 1969–1971, two French higher education institutions in the field of political science and state administration. Career
Career in the public sector
From 1987, Trichet was head of the Trésor public. In this capacity, he also chaired the Paris Club of creditor nations in the mid 1980s and was closely involved in debt problems that struck Latin America, Africa and the Middle East. He also became a member of Washington based financial advisory body, the Group of Thirty. Soon after taking office at Trésor, Trichet oversaw the change to an anti inflationary franc fort (strong franc) policy, to pave the way for currency union with Germany. In 1993, he led Trésor’s move to grant the Bank of France independence to set its own interest rates. In 1993, Trichet was appointed governor of Banque de France. Both as director of the French Treasury and then governor of the Banque de France, he was widely seen as one of the architects of the European monetary union. By 1997, Prime Minister Lionel Jospin and President Jacques Chirac proposed Trichet as France’s candidate for the position as president of the European Central Bank; this way they opposed Wim Duisenberg, the candidate preferred by the majority of the Eurozone members. Under a compromise laid out by German Finance Minister Theo Waigel, Duisenberg would resign midway through his eight year term to make way for Trichet. On 1 November 2003 he succeeded Wim Duisenberg. During his time in office, Trichet oversaw the ECB’s response to the European debt crisis, including its Securities Markets Programme to stem the crisis in eurozone government bond markets. In 2011, ECB board member Jürgen Stark resigned in what was widely seen as a protest against this policy. Career in the private sector
On 28 January 2012, the board of the European Aeronautic Defence and Space Company approved Trichet’s nomination to the Board, where he represented (with Dominique d’Hinnin of the Lagardère Group) the French state’s holding company SOGEADE. Trichet succeeded Mario Monti as chairman of the European branch of the Trilateral Commission in 2012. Trichet was a member of the Eminent Persons Group on Global Financial Governance, which was established by the G20 Finance Ministers and Central Bank Governors for the period from 2017 to 2018. In early 2021, Trichet was appointed by the G20 to the High Level Independent Panel (HLIP) on financing the global commons for pandemic preparedness and response, co chaired by Ngozi Okonjo Iweala, Tharman Shanmugaratnam and Lawrence Summers. Other activities
International organizations
European Central Bank, Chair of the Ethics Committee (2016–2019)
European Systemic Risk Board (ESRB), Chair (2010–2011)
Corporate boards
PIMCO, Member of the Global Advisory Board (since 2015)
Non profit organizations
Bretton Woods Committee, Member of the Advisory Council (since 2020)
Scope Foundation, Member of the Honorary Board (since 2020)
Center for Economic and Policy Research (CEPR), Distinguished Fellow (since 2019)
Bruegel, Chairman of the Board (since 2012)
Bilderberg Group, Member of the Steering Committee
European Horizons, Advisor
Complexity Research Initiative for Systemic Instabilities (CRISIS), Member of the Advisory Board
Institute for Law and Finance at the Goethe University Frankfurt, Member of the Academic Advisory Board
Systemic Risk Council (SRC), Senior Advisor
Political positions
At the height of the euro crisis, Trichet publicly criticized President Nicolas Sarkozy and Chancellor Angela Merkel, who had agreed at a meeting in Deauville in 2010 that sovereign debt could be restructured in a bailout to make private investors pay their share; the plan was never implemented. At the ceremony for the Charlemagne Prize in 2011, Trichet called for the creation of a central finance ministry to oversee spending by countries that use the euro. On 5 August 2011 Trichet wrote, together with Mario Draghi, a letter to the Italian government to push for a series of economic measures that would soon be implemented in Italy. In 2015, Trichet joined forces with two other former governors of the Bank of France – Michel Camdessus and Jacques de Larosière – in publicly supporting President François Hollande’s appointment of François Villeroy de Galhau to head the central bank. In a 2019 article for the Financial Times'', Trichet publicly hit back against some of his former colleagues at the European Central Bank – including Jürgen Stark and Otmar Issing, who both worked as ECB chief economist under Trichet’s presidency –, calling them "misguided" in their criticism of the loose monetary policy pursued by his successor as president Mario Draghi.
Jean Claude Trichet (ʒɑ̃ klod tʁiʃɛ; born 20 December 1942) is a French economist who was President of the European Central Bank from 2004 to 2011. Previous to his assumption of the presidency he was Governor of the Bank of France from 1993 to 2004. After stepping down from the European Central Bank, Trichet has taken speaking arrangements across France and was on the board of directors of the Bank for International Settlements. He was asked to join the non doctrinal think tank, Bruegel, to consult on economic policy. In 2008, Trichet ranked fifth on Newsweek'''s list of the world's most powerful along with economic triumvirs Ben Bernanke (fourth) and Masaaki Shirakawa (sixth). Early life and education
Trichet was born in 1942 in Lyon, the son of a professor of Greek and Latin. He was educated at the École des Mines de Nancy, from which he graduated in 1964. He later earned a master's degree in economics from the University of Paris and then trained at the Institut d'études politiques de Paris (best known as Sciences Po), finishing in 1966, and the École nationale d'administration (ENA) from 1969–1971, two French higher education institutions in the field of political science and state administration. Career
Career in the public sector
From 1987, Trichet was head of the Trésor public. In this capacity, he also chaired the Paris Club of creditor nations in the mid 1980s and was closely involved in debt problems that struck Latin America, Africa and the Middle East. He also became a member of Washington based financial advisory body, the Group of Thirty. Soon after taking office at Trésor, Trichet oversaw the change to an anti inflationary franc fort (strong franc) policy, to pave the way for currency union with Germany. In 1993, he led Trésor’s move to grant the Bank of France independence to set its own interest rates. In 1993, Trichet was appointed governor of Banque de France. Both as director of the French Treasury and then governor of the Banque de France, he was widely seen as one of the architects of the European monetary union. By 1997, Prime Minister Lionel Jospin and President Jacques Chirac proposed Trichet as France’s candidate for the position as president of the European Central Bank; this way they opposed Wim Duisenberg, the candidate preferred by the majority of the Eurozone members. Under a compromise laid out by German Finance Minister Theo Waigel, Duisenberg would resign midway through his eight year term to make way for Trichet. On 1 November 2003 he succeeded Wim Duisenberg. During his time in office, Trichet oversaw the ECB’s response to the European debt crisis, including its Securities Markets Programme to stem the crisis in eurozone government bond markets. In 2011, ECB board member Jürgen Stark resigned in what was widely seen as a protest against this policy. Career in the private sector
On 28 January 2012, the board of the European Aeronautic Defence and Space Company approved Trichet’s nomination to the Board, where he represented (with Dominique d’Hinnin of the Lagardère Group) the French state’s holding company SOGEADE. Trichet succeeded Mario Monti as chairman of the European branch of the Trilateral Commission in 2012. Trichet was a member of the Eminent Persons Group on Global Financial Governance, which was established by the G20 Finance Ministers and Central Bank Governors for the period from 2017 to 2018. In early 2021, Trichet was appointed by the G20 to the High Level Independent Panel (HLIP) on financing the global commons for pandemic preparedness and response, co chaired by Ngozi Okonjo Iweala, Tharman Shanmugaratnam and Lawrence Summers. Other activities
International organizations
European Central Bank, Chair of the Ethics Committee (2016–2019)
European Systemic Risk Board (ESRB), Chair (2010–2011)
Corporate boards
PIMCO, Member of the Global Advisory Board (since 2015)
Non profit organizations
Bretton Woods Committee, Member of the Advisory Council (since 2020)
Scope Foundation, Member of the Honorary Board (since 2020)
Center for Economic and Policy Research (CEPR), Distinguished Fellow (since 2019)
Bruegel, Chairman of the Board (since 2012)
Bilderberg Group, Member of the Steering Committee
European Horizons, Advisor
Complexity Research Initiative for Systemic Instabilities (CRISIS), Member of the Advisory Board
Institute for Law and Finance at the Goethe University Frankfurt, Member of the Academic Advisory Board
Systemic Risk Council (SRC), Senior Advisor
Political positions
At the height of the euro crisis, Trichet publicly criticized President Nicolas Sarkozy and Chancellor Angela Merkel, who had agreed at a meeting in Deauville in 2010 that sovereign debt could be restructured in a bailout to make private investors pay their share; the plan was never implemented. At the ceremony for the Charlemagne Prize in 2011, Trichet called for the creation of a central finance ministry to oversee spending by countries that use the euro. On 5 August 2011 Trichet wrote, together with Mario Draghi, a letter to the Italian government to push for a series of economic measures that would soon be implemented in Italy. In 2015, Trichet joined forces with two other former governors of the Bank of France – Michel Camdessus and Jacques de Larosière – in publicly supporting President François Hollande’s appointment of François Villeroy de Galhau to head the central bank. In a 2019 article for the Financial Times'', Trichet publicly hit back against some of his former colleagues at the European Central Bank – including Jürgen Stark and Otmar Issing, who both worked as ECB chief economist under Trichet’s presidency –, calling them "misguided" in their criticism of the loose monetary policy pursued by his successor as president Mario Draghi.
1987 жылдан бастап Трише мемлекеттік қазынашылықтың басшысы болды. Осы қызметінде ол 1980-ші жылдардың ортасында несие беруші елдердің Париж клубына төрағалық етті және Латын Америкасы, Африка және Таяу Шығыстағы қарыздық мәселелерге тікелей қатысты. Ол сондай-ақ Вашингтондағы қаржылық кеңесші орган – Тридцать тобының мүшесі болды. Қазынашылыққа тағайындалғаннан кейін Трише Германиямен валюталық одақ құруға жол ашу үшін инфляцияға қарсы күшті франк саясатына көшуді қадағалады. 1993 жылы ол Франция Банкіне өз пайыздық ставкаларын белгілеуге тәуелсіздік беру үшін Қазынашылықтың қадамын басқарды. 1993 жылы Трише Франция Банкінің губернаторы болып тағайындалды. Франция Қазынашылығының директоры және кейін Франция Банкінің губернаторы ретінде ол Еуропалық валюталық одақтың архитекторының бірі ретінде кеңінен танылды. 1997 жылы премьер-министр Лионель Жоспен мен президент Жак Ширак Тришені Еуропалық Орталық Банктің президенті лауазымына Францияның үміткері етіп ұсынды, осылайша Еуроаймақ мүшелерінің көпшілігі ұсынған үміткер Вим Дюизенбергке қарсы шықты. Германияның қаржы министрі Тео Вайгель ұсынған келісім бойынша Дюизенберг өзінің сегіз жылдық мерзімі аяқталғаннан кейін Тришеге жол ашты. 2003 жылдың 1 қарашасында ол Вим Дюизенбергтің орнын басып алды. Өзінің қызметінің кезеңінде Трише Еуропалық борыш дағдарысына, оның ішінде Еурозонадағы мемлекеттік облигациялар нарығындағы дағдарысты тоқтату үшін ЕОБ-ның Бағалы қағаздар нарықтары бағдарламасын қадағалады. 2011 жылы ЕОБ басқарма мүшесі Юрген Старк осы саясатқа наразылық ретінде қызметтен кетті.
French economist
Jean Claude Trichet (ʒɑ̃ klod tʁiʃɛ; born 20 December 1942) is a French economist who was President of the European Central Bank from 2004 to 2011. Previous to his assumption of the presidency he was Governor of the Bank of France from 1993 to 2004. After stepping down from the European Central Bank, Trichet has taken speaking arrangements across France and was on the board of directors of the Bank for International Settlements. He was asked to join the non doctrinal think tank, Bruegel, to consult on economic policy. In 2008, Trichet ranked fifth on Newsweek'''s list of the world's most powerful along with economic triumvirs Ben Bernanke (fourth) and Masaaki Shirakawa (sixth). Early life and education
Trichet was born in 1942 in Lyon, the son of a professor of Greek and Latin. He was educated at the École des Mines de Nancy, from which he graduated in 1964. He later earned a master's degree in economics from the University of Paris and then trained at the Institut d'études politiques de Paris (best known as Sciences Po), finishing in 1966, and the École nationale d'administration (ENA) from 1969–1971, two French higher education institutions in the field of political science and state administration. Career
Career in the public sector
From 1987, Trichet was head of the Trésor public. In this capacity, he also chaired the Paris Club of creditor nations in the mid 1980s and was closely involved in debt problems that struck Latin America, Africa and the Middle East. He also became a member of Washington based financial advisory body, the Group of Thirty. Soon after taking office at Trésor, Trichet oversaw the change to an anti inflationary franc fort (strong franc) policy, to pave the way for currency union with Germany. In 1993, he led Trésor’s move to grant the Bank of France independence to set its own interest rates. In 1993, Trichet was appointed governor of Banque de France. Both as director of the French Treasury and then governor of the Banque de France, he was widely seen as one of the architects of the European monetary union. By 1997, Prime Minister Lionel Jospin and President Jacques Chirac proposed Trichet as France’s candidate for the position as president of the European Central Bank; this way they opposed Wim Duisenberg, the candidate preferred by the majority of the Eurozone members. Under a compromise laid out by German Finance Minister Theo Waigel, Duisenberg would resign midway through his eight year term to make way for Trichet. On 1 November 2003 he succeeded Wim Duisenberg. During his time in office, Trichet oversaw the ECB’s response to the European debt crisis, including its Securities Markets Programme to stem the crisis in eurozone government bond markets. In 2011, ECB board member Jürgen Stark resigned in what was widely seen as a protest against this policy. Career in the private sector
On 28 January 2012, the board of the European Aeronautic Defence and Space Company approved Trichet’s nomination to the Board, where he represented (with Dominique d’Hinnin of the Lagardère Group) the French state’s holding company SOGEADE. Trichet succeeded Mario Monti as chairman of the European branch of the Trilateral Commission in 2012. Trichet was a member of the Eminent Persons Group on Global Financial Governance, which was established by the G20 Finance Ministers and Central Bank Governors for the period from 2017 to 2018. In early 2021, Trichet was appointed by the G20 to the High Level Independent Panel (HLIP) on financing the global commons for pandemic preparedness and response, co chaired by Ngozi Okonjo Iweala, Tharman Shanmugaratnam and Lawrence Summers. Other activities
International organizations
European Central Bank, Chair of the Ethics Committee (2016–2019)
European Systemic Risk Board (ESRB), Chair (2010–2011)
Corporate boards
PIMCO, Member of the Global Advisory Board (since 2015)
Non profit organizations
Bretton Woods Committee, Member of the Advisory Council (since 2020)
Scope Foundation, Member of the Honorary Board (since 2020)
Center for Economic and Policy Research (CEPR), Distinguished Fellow (since 2019)
Bruegel, Chairman of the Board (since 2012)
Bilderberg Group, Member of the Steering Committee
European Horizons, Advisor
Complexity Research Initiative for Systemic Instabilities (CRISIS), Member of the Advisory Board
Institute for Law and Finance at the Goethe University Frankfurt, Member of the Academic Advisory Board
Systemic Risk Council (SRC), Senior Advisor
Political positions
At the height of the euro crisis, Trichet publicly criticized President Nicolas Sarkozy and Chancellor Angela Merkel, who had agreed at a meeting in Deauville in 2010 that sovereign debt could be restructured in a bailout to make private investors pay their share; the plan was never implemented. At the ceremony for the Charlemagne Prize in 2011, Trichet called for the creation of a central finance ministry to oversee spending by countries that use the euro. On 5 August 2011 Trichet wrote, together with Mario Draghi, a letter to the Italian government to push for a series of economic measures that would soon be implemented in Italy. In 2015, Trichet joined forces with two other former governors of the Bank of France – Michel Camdessus and Jacques de Larosière – in publicly supporting President François Hollande’s appointment of François Villeroy de Galhau to head the central bank. In a 2019 article for the Financial Times'', Trichet publicly hit back against some of his former colleagues at the European Central Bank – including Jürgen Stark and Otmar Issing, who both worked as ECB chief economist under Trichet’s presidency –, calling them "misguided" in their criticism of the loose monetary policy pursued by his successor as president Mario Draghi.
Jean Claude Trichet (ʒɑ̃ klod tʁiʃɛ; born 20 December 1942) is a French economist who was President of the European Central Bank from 2004 to 2011. Previous to his assumption of the presidency he was Governor of the Bank of France from 1993 to 2004. After stepping down from the European Central Bank, Trichet has taken speaking arrangements across France and was on the board of directors of the Bank for International Settlements. He was asked to join the non doctrinal think tank, Bruegel, to consult on economic policy. In 2008, Trichet ranked fifth on Newsweek'''s list of the world's most powerful along with economic triumvirs Ben Bernanke (fourth) and Masaaki Shirakawa (sixth). Early life and education
Trichet was born in 1942 in Lyon, the son of a professor of Greek and Latin. He was educated at the École des Mines de Nancy, from which he graduated in 1964. He later earned a master's degree in economics from the University of Paris and then trained at the Institut d'études politiques de Paris (best known as Sciences Po), finishing in 1966, and the École nationale d'administration (ENA) from 1969–1971, two French higher education institutions in the field of political science and state administration. Career
Career in the public sector
From 1987, Trichet was head of the Trésor public. In this capacity, he also chaired the Paris Club of creditor nations in the mid 1980s and was closely involved in debt problems that struck Latin America, Africa and the Middle East. He also became a member of Washington based financial advisory body, the Group of Thirty. Soon after taking office at Trésor, Trichet oversaw the change to an anti inflationary franc fort (strong franc) policy, to pave the way for currency union with Germany. In 1993, he led Trésor’s move to grant the Bank of France independence to set its own interest rates. In 1993, Trichet was appointed governor of Banque de France. Both as director of the French Treasury and then governor of the Banque de France, he was widely seen as one of the architects of the European monetary union. By 1997, Prime Minister Lionel Jospin and President Jacques Chirac proposed Trichet as France’s candidate for the position as president of the European Central Bank; this way they opposed Wim Duisenberg, the candidate preferred by the majority of the Eurozone members. Under a compromise laid out by German Finance Minister Theo Waigel, Duisenberg would resign midway through his eight year term to make way for Trichet. On 1 November 2003 he succeeded Wim Duisenberg. During his time in office, Trichet oversaw the ECB’s response to the European debt crisis, including its Securities Markets Programme to stem the crisis in eurozone government bond markets. In 2011, ECB board member Jürgen Stark resigned in what was widely seen as a protest against this policy. Career in the private sector
On 28 January 2012, the board of the European Aeronautic Defence and Space Company approved Trichet’s nomination to the Board, where he represented (with Dominique d’Hinnin of the Lagardère Group) the French state’s holding company SOGEADE. Trichet succeeded Mario Monti as chairman of the European branch of the Trilateral Commission in 2012. Trichet was a member of the Eminent Persons Group on Global Financial Governance, which was established by the G20 Finance Ministers and Central Bank Governors for the period from 2017 to 2018. In early 2021, Trichet was appointed by the G20 to the High Level Independent Panel (HLIP) on financing the global commons for pandemic preparedness and response, co chaired by Ngozi Okonjo Iweala, Tharman Shanmugaratnam and Lawrence Summers. Other activities
International organizations
European Central Bank, Chair of the Ethics Committee (2016–2019)
European Systemic Risk Board (ESRB), Chair (2010–2011)
Corporate boards
PIMCO, Member of the Global Advisory Board (since 2015)
Non profit organizations
Bretton Woods Committee, Member of the Advisory Council (since 2020)
Scope Foundation, Member of the Honorary Board (since 2020)
Center for Economic and Policy Research (CEPR), Distinguished Fellow (since 2019)
Bruegel, Chairman of the Board (since 2012)
Bilderberg Group, Member of the Steering Committee
European Horizons, Advisor
Complexity Research Initiative for Systemic Instabilities (CRISIS), Member of the Advisory Board
Institute for Law and Finance at the Goethe University Frankfurt, Member of the Academic Advisory Board
Systemic Risk Council (SRC), Senior Advisor
Political positions
At the height of the euro crisis, Trichet publicly criticized President Nicolas Sarkozy and Chancellor Angela Merkel, who had agreed at a meeting in Deauville in 2010 that sovereign debt could be restructured in a bailout to make private investors pay their share; the plan was never implemented. At the ceremony for the Charlemagne Prize in 2011, Trichet called for the creation of a central finance ministry to oversee spending by countries that use the euro. On 5 August 2011 Trichet wrote, together with Mario Draghi, a letter to the Italian government to push for a series of economic measures that would soon be implemented in Italy. In 2015, Trichet joined forces with two other former governors of the Bank of France – Michel Camdessus and Jacques de Larosière – in publicly supporting President François Hollande’s appointment of François Villeroy de Galhau to head the central bank. In a 2019 article for the Financial Times'', Trichet publicly hit back against some of his former colleagues at the European Central Bank – including Jürgen Stark and Otmar Issing, who both worked as ECB chief economist under Trichet’s presidency –, calling them "misguided" in their criticism of the loose monetary policy pursued by his successor as president Mario Draghi.
**Жеке сектордағы мансабы**
French economist
Jean Claude Trichet (ʒɑ̃ klod tʁiʃɛ; born 20 December 1942) is a French economist who was President of the European Central Bank from 2004 to 2011. Previous to his assumption of the presidency he was Governor of the Bank of France from 1993 to 2004. After stepping down from the European Central Bank, Trichet has taken speaking arrangements across France and was on the board of directors of the Bank for International Settlements. He was asked to join the non doctrinal think tank, Bruegel, to consult on economic policy. In 2008, Trichet ranked fifth on Newsweek'''s list of the world's most powerful along with economic triumvirs Ben Bernanke (fourth) and Masaaki Shirakawa (sixth). Early life and education
Trichet was born in 1942 in Lyon, the son of a professor of Greek and Latin. He was educated at the École des Mines de Nancy, from which he graduated in 1964. He later earned a master's degree in economics from the University of Paris and then trained at the Institut d'études politiques de Paris (best known as Sciences Po), finishing in 1966, and the École nationale d'administration (ENA) from 1969–1971, two French higher education institutions in the field of political science and state administration. Career
Career in the public sector
From 1987, Trichet was head of the Trésor public. In this capacity, he also chaired the Paris Club of creditor nations in the mid 1980s and was closely involved in debt problems that struck Latin America, Africa and the Middle East. He also became a member of Washington based financial advisory body, the Group of Thirty. Soon after taking office at Trésor, Trichet oversaw the change to an anti inflationary franc fort (strong franc) policy, to pave the way for currency union with Germany. In 1993, he led Trésor’s move to grant the Bank of France independence to set its own interest rates. In 1993, Trichet was appointed governor of Banque de France. Both as director of the French Treasury and then governor of the Banque de France, he was widely seen as one of the architects of the European monetary union. By 1997, Prime Minister Lionel Jospin and President Jacques Chirac proposed Trichet as France’s candidate for the position as president of the European Central Bank; this way they opposed Wim Duisenberg, the candidate preferred by the majority of the Eurozone members. Under a compromise laid out by German Finance Minister Theo Waigel, Duisenberg would resign midway through his eight year term to make way for Trichet. On 1 November 2003 he succeeded Wim Duisenberg. During his time in office, Trichet oversaw the ECB’s response to the European debt crisis, including its Securities Markets Programme to stem the crisis in eurozone government bond markets. In 2011, ECB board member Jürgen Stark resigned in what was widely seen as a protest against this policy. Career in the private sector
On 28 January 2012, the board of the European Aeronautic Defence and Space Company approved Trichet’s nomination to the Board, where he represented (with Dominique d’Hinnin of the Lagardère Group) the French state’s holding company SOGEADE. Trichet succeeded Mario Monti as chairman of the European branch of the Trilateral Commission in 2012. Trichet was a member of the Eminent Persons Group on Global Financial Governance, which was established by the G20 Finance Ministers and Central Bank Governors for the period from 2017 to 2018. In early 2021, Trichet was appointed by the G20 to the High Level Independent Panel (HLIP) on financing the global commons for pandemic preparedness and response, co chaired by Ngozi Okonjo Iweala, Tharman Shanmugaratnam and Lawrence Summers. Other activities
International organizations
European Central Bank, Chair of the Ethics Committee (2016–2019)
European Systemic Risk Board (ESRB), Chair (2010–2011)
Corporate boards
PIMCO, Member of the Global Advisory Board (since 2015)
Non profit organizations
Bretton Woods Committee, Member of the Advisory Council (since 2020)
Scope Foundation, Member of the Honorary Board (since 2020)
Center for Economic and Policy Research (CEPR), Distinguished Fellow (since 2019)
Bruegel, Chairman of the Board (since 2012)
Bilderberg Group, Member of the Steering Committee
European Horizons, Advisor
Complexity Research Initiative for Systemic Instabilities (CRISIS), Member of the Advisory Board
Institute for Law and Finance at the Goethe University Frankfurt, Member of the Academic Advisory Board
Systemic Risk Council (SRC), Senior Advisor
Political positions
At the height of the euro crisis, Trichet publicly criticized President Nicolas Sarkozy and Chancellor Angela Merkel, who had agreed at a meeting in Deauville in 2010 that sovereign debt could be restructured in a bailout to make private investors pay their share; the plan was never implemented. At the ceremony for the Charlemagne Prize in 2011, Trichet called for the creation of a central finance ministry to oversee spending by countries that use the euro. On 5 August 2011 Trichet wrote, together with Mario Draghi, a letter to the Italian government to push for a series of economic measures that would soon be implemented in Italy. In 2015, Trichet joined forces with two other former governors of the Bank of France – Michel Camdessus and Jacques de Larosière – in publicly supporting President François Hollande’s appointment of François Villeroy de Galhau to head the central bank. In a 2019 article for the Financial Times'', Trichet publicly hit back against some of his former colleagues at the European Central Bank – including Jürgen Stark and Otmar Issing, who both worked as ECB chief economist under Trichet’s presidency –, calling them "misguided" in their criticism of the loose monetary policy pursued by his successor as president Mario Draghi.
Jean Claude Trichet (ʒɑ̃ klod tʁiʃɛ; born 20 December 1942) is a French economist who was President of the European Central Bank from 2004 to 2011. Previous to his assumption of the presidency he was Governor of the Bank of France from 1993 to 2004. After stepping down from the European Central Bank, Trichet has taken speaking arrangements across France and was on the board of directors of the Bank for International Settlements. He was asked to join the non doctrinal think tank, Bruegel, to consult on economic policy. In 2008, Trichet ranked fifth on Newsweek'''s list of the world's most powerful along with economic triumvirs Ben Bernanke (fourth) and Masaaki Shirakawa (sixth). Early life and education
Trichet was born in 1942 in Lyon, the son of a professor of Greek and Latin. He was educated at the École des Mines de Nancy, from which he graduated in 1964. He later earned a master's degree in economics from the University of Paris and then trained at the Institut d'études politiques de Paris (best known as Sciences Po), finishing in 1966, and the École nationale d'administration (ENA) from 1969–1971, two French higher education institutions in the field of political science and state administration. Career
Career in the public sector
From 1987, Trichet was head of the Trésor public. In this capacity, he also chaired the Paris Club of creditor nations in the mid 1980s and was closely involved in debt problems that struck Latin America, Africa and the Middle East. He also became a member of Washington based financial advisory body, the Group of Thirty. Soon after taking office at Trésor, Trichet oversaw the change to an anti inflationary franc fort (strong franc) policy, to pave the way for currency union with Germany. In 1993, he led Trésor’s move to grant the Bank of France independence to set its own interest rates. In 1993, Trichet was appointed governor of Banque de France. Both as director of the French Treasury and then governor of the Banque de France, he was widely seen as one of the architects of the European monetary union. By 1997, Prime Minister Lionel Jospin and President Jacques Chirac proposed Trichet as France’s candidate for the position as president of the European Central Bank; this way they opposed Wim Duisenberg, the candidate preferred by the majority of the Eurozone members. Under a compromise laid out by German Finance Minister Theo Waigel, Duisenberg would resign midway through his eight year term to make way for Trichet. On 1 November 2003 he succeeded Wim Duisenberg. During his time in office, Trichet oversaw the ECB’s response to the European debt crisis, including its Securities Markets Programme to stem the crisis in eurozone government bond markets. In 2011, ECB board member Jürgen Stark resigned in what was widely seen as a protest against this policy. Career in the private sector
On 28 January 2012, the board of the European Aeronautic Defence and Space Company approved Trichet’s nomination to the Board, where he represented (with Dominique d’Hinnin of the Lagardère Group) the French state’s holding company SOGEADE. Trichet succeeded Mario Monti as chairman of the European branch of the Trilateral Commission in 2012. Trichet was a member of the Eminent Persons Group on Global Financial Governance, which was established by the G20 Finance Ministers and Central Bank Governors for the period from 2017 to 2018. In early 2021, Trichet was appointed by the G20 to the High Level Independent Panel (HLIP) on financing the global commons for pandemic preparedness and response, co chaired by Ngozi Okonjo Iweala, Tharman Shanmugaratnam and Lawrence Summers. Other activities
International organizations
European Central Bank, Chair of the Ethics Committee (2016–2019)
European Systemic Risk Board (ESRB), Chair (2010–2011)
Corporate boards
PIMCO, Member of the Global Advisory Board (since 2015)
Non profit organizations
Bretton Woods Committee, Member of the Advisory Council (since 2020)
Scope Foundation, Member of the Honorary Board (since 2020)
Center for Economic and Policy Research (CEPR), Distinguished Fellow (since 2019)
Bruegel, Chairman of the Board (since 2012)
Bilderberg Group, Member of the Steering Committee
European Horizons, Advisor
Complexity Research Initiative for Systemic Instabilities (CRISIS), Member of the Advisory Board
Institute for Law and Finance at the Goethe University Frankfurt, Member of the Academic Advisory Board
Systemic Risk Council (SRC), Senior Advisor
Political positions
At the height of the euro crisis, Trichet publicly criticized President Nicolas Sarkozy and Chancellor Angela Merkel, who had agreed at a meeting in Deauville in 2010 that sovereign debt could be restructured in a bailout to make private investors pay their share; the plan was never implemented. At the ceremony for the Charlemagne Prize in 2011, Trichet called for the creation of a central finance ministry to oversee spending by countries that use the euro. On 5 August 2011 Trichet wrote, together with Mario Draghi, a letter to the Italian government to push for a series of economic measures that would soon be implemented in Italy. In 2015, Trichet joined forces with two other former governors of the Bank of France – Michel Camdessus and Jacques de Larosière – in publicly supporting President François Hollande’s appointment of François Villeroy de Galhau to head the central bank. In a 2019 article for the Financial Times'', Trichet publicly hit back against some of his former colleagues at the European Central Bank – including Jürgen Stark and Otmar Issing, who both worked as ECB chief economist under Trichet’s presidency –, calling them "misguided" in their criticism of the loose monetary policy pursued by his successor as president Mario Draghi.
2012 жылдың 28 қаңтарында Еуропалық авиациялық және қорғаныс компаниясының директорлар кеңесі Тришенің директорлар кеңесіне кандидаттығын мақұлдады, онда ол (Lagardère тобының Доминик д'Хиннинмен бірге) француз мемлекетінің SOGEADE холдинг компаниясын өкілдік етті. Трише 2012 жылы Марио Монтиден кейін Үшжақты комиссияның Еуропалық бөлімшесінің төрағасы болды. Трише 2017-2018 жылдар аралығында G20 қаржы министрлері мен орталық банктерінің басшылары құрған жаһандық қаржылық басқару жөніндегі беделді тұлғалар тобының мүшесі болды. 2021 жылдың басында Трише G20 тарапынан пандемияға дайындық және оған жауап беру үшін әлемдік ортақ қаржыны қаржыландыру жөніндегі жоғары деңгейдегі тәуелсіз комиссияға (HLIP) тағайындалды, оның төрағалары Нгози Оконжо Ивеала, Тарман Шанмугаратнам және Лоуренс Саммерс болды.
French economist
Jean Claude Trichet (ʒɑ̃ klod tʁiʃɛ; born 20 December 1942) is a French economist who was President of the European Central Bank from 2004 to 2011. Previous to his assumption of the presidency he was Governor of the Bank of France from 1993 to 2004. After stepping down from the European Central Bank, Trichet has taken speaking arrangements across France and was on the board of directors of the Bank for International Settlements. He was asked to join the non doctrinal think tank, Bruegel, to consult on economic policy. In 2008, Trichet ranked fifth on Newsweek'''s list of the world's most powerful along with economic triumvirs Ben Bernanke (fourth) and Masaaki Shirakawa (sixth). Early life and education
Trichet was born in 1942 in Lyon, the son of a professor of Greek and Latin. He was educated at the École des Mines de Nancy, from which he graduated in 1964. He later earned a master's degree in economics from the University of Paris and then trained at the Institut d'études politiques de Paris (best known as Sciences Po), finishing in 1966, and the École nationale d'administration (ENA) from 1969–1971, two French higher education institutions in the field of political science and state administration. Career
Career in the public sector
From 1987, Trichet was head of the Trésor public. In this capacity, he also chaired the Paris Club of creditor nations in the mid 1980s and was closely involved in debt problems that struck Latin America, Africa and the Middle East. He also became a member of Washington based financial advisory body, the Group of Thirty. Soon after taking office at Trésor, Trichet oversaw the change to an anti inflationary franc fort (strong franc) policy, to pave the way for currency union with Germany. In 1993, he led Trésor’s move to grant the Bank of France independence to set its own interest rates. In 1993, Trichet was appointed governor of Banque de France. Both as director of the French Treasury and then governor of the Banque de France, he was widely seen as one of the architects of the European monetary union. By 1997, Prime Minister Lionel Jospin and President Jacques Chirac proposed Trichet as France’s candidate for the position as president of the European Central Bank; this way they opposed Wim Duisenberg, the candidate preferred by the majority of the Eurozone members. Under a compromise laid out by German Finance Minister Theo Waigel, Duisenberg would resign midway through his eight year term to make way for Trichet. On 1 November 2003 he succeeded Wim Duisenberg. During his time in office, Trichet oversaw the ECB’s response to the European debt crisis, including its Securities Markets Programme to stem the crisis in eurozone government bond markets. In 2011, ECB board member Jürgen Stark resigned in what was widely seen as a protest against this policy. Career in the private sector
On 28 January 2012, the board of the European Aeronautic Defence and Space Company approved Trichet’s nomination to the Board, where he represented (with Dominique d’Hinnin of the Lagardère Group) the French state’s holding company SOGEADE. Trichet succeeded Mario Monti as chairman of the European branch of the Trilateral Commission in 2012. Trichet was a member of the Eminent Persons Group on Global Financial Governance, which was established by the G20 Finance Ministers and Central Bank Governors for the period from 2017 to 2018. In early 2021, Trichet was appointed by the G20 to the High Level Independent Panel (HLIP) on financing the global commons for pandemic preparedness and response, co chaired by Ngozi Okonjo Iweala, Tharman Shanmugaratnam and Lawrence Summers. Other activities
International organizations
European Central Bank, Chair of the Ethics Committee (2016–2019)
European Systemic Risk Board (ESRB), Chair (2010–2011)
Corporate boards
PIMCO, Member of the Global Advisory Board (since 2015)
Non profit organizations
Bretton Woods Committee, Member of the Advisory Council (since 2020)
Scope Foundation, Member of the Honorary Board (since 2020)
Center for Economic and Policy Research (CEPR), Distinguished Fellow (since 2019)
Bruegel, Chairman of the Board (since 2012)
Bilderberg Group, Member of the Steering Committee
European Horizons, Advisor
Complexity Research Initiative for Systemic Instabilities (CRISIS), Member of the Advisory Board
Institute for Law and Finance at the Goethe University Frankfurt, Member of the Academic Advisory Board
Systemic Risk Council (SRC), Senior Advisor
Political positions
At the height of the euro crisis, Trichet publicly criticized President Nicolas Sarkozy and Chancellor Angela Merkel, who had agreed at a meeting in Deauville in 2010 that sovereign debt could be restructured in a bailout to make private investors pay their share; the plan was never implemented. At the ceremony for the Charlemagne Prize in 2011, Trichet called for the creation of a central finance ministry to oversee spending by countries that use the euro. On 5 August 2011 Trichet wrote, together with Mario Draghi, a letter to the Italian government to push for a series of economic measures that would soon be implemented in Italy. In 2015, Trichet joined forces with two other former governors of the Bank of France – Michel Camdessus and Jacques de Larosière – in publicly supporting President François Hollande’s appointment of François Villeroy de Galhau to head the central bank. In a 2019 article for the Financial Times'', Trichet publicly hit back against some of his former colleagues at the European Central Bank – including Jürgen Stark and Otmar Issing, who both worked as ECB chief economist under Trichet’s presidency –, calling them "misguided" in their criticism of the loose monetary policy pursued by his successor as president Mario Draghi.
Jean Claude Trichet (ʒɑ̃ klod tʁiʃɛ; born 20 December 1942) is a French economist who was President of the European Central Bank from 2004 to 2011. Previous to his assumption of the presidency he was Governor of the Bank of France from 1993 to 2004. After stepping down from the European Central Bank, Trichet has taken speaking arrangements across France and was on the board of directors of the Bank for International Settlements. He was asked to join the non doctrinal think tank, Bruegel, to consult on economic policy. In 2008, Trichet ranked fifth on Newsweek'''s list of the world's most powerful along with economic triumvirs Ben Bernanke (fourth) and Masaaki Shirakawa (sixth). Early life and education
Trichet was born in 1942 in Lyon, the son of a professor of Greek and Latin. He was educated at the École des Mines de Nancy, from which he graduated in 1964. He later earned a master's degree in economics from the University of Paris and then trained at the Institut d'études politiques de Paris (best known as Sciences Po), finishing in 1966, and the École nationale d'administration (ENA) from 1969–1971, two French higher education institutions in the field of political science and state administration. Career
Career in the public sector
From 1987, Trichet was head of the Trésor public. In this capacity, he also chaired the Paris Club of creditor nations in the mid 1980s and was closely involved in debt problems that struck Latin America, Africa and the Middle East. He also became a member of Washington based financial advisory body, the Group of Thirty. Soon after taking office at Trésor, Trichet oversaw the change to an anti inflationary franc fort (strong franc) policy, to pave the way for currency union with Germany. In 1993, he led Trésor’s move to grant the Bank of France independence to set its own interest rates. In 1993, Trichet was appointed governor of Banque de France. Both as director of the French Treasury and then governor of the Banque de France, he was widely seen as one of the architects of the European monetary union. By 1997, Prime Minister Lionel Jospin and President Jacques Chirac proposed Trichet as France’s candidate for the position as president of the European Central Bank; this way they opposed Wim Duisenberg, the candidate preferred by the majority of the Eurozone members. Under a compromise laid out by German Finance Minister Theo Waigel, Duisenberg would resign midway through his eight year term to make way for Trichet. On 1 November 2003 he succeeded Wim Duisenberg. During his time in office, Trichet oversaw the ECB’s response to the European debt crisis, including its Securities Markets Programme to stem the crisis in eurozone government bond markets. In 2011, ECB board member Jürgen Stark resigned in what was widely seen as a protest against this policy. Career in the private sector
On 28 January 2012, the board of the European Aeronautic Defence and Space Company approved Trichet’s nomination to the Board, where he represented (with Dominique d’Hinnin of the Lagardère Group) the French state’s holding company SOGEADE. Trichet succeeded Mario Monti as chairman of the European branch of the Trilateral Commission in 2012. Trichet was a member of the Eminent Persons Group on Global Financial Governance, which was established by the G20 Finance Ministers and Central Bank Governors for the period from 2017 to 2018. In early 2021, Trichet was appointed by the G20 to the High Level Independent Panel (HLIP) on financing the global commons for pandemic preparedness and response, co chaired by Ngozi Okonjo Iweala, Tharman Shanmugaratnam and Lawrence Summers. Other activities
International organizations
European Central Bank, Chair of the Ethics Committee (2016–2019)
European Systemic Risk Board (ESRB), Chair (2010–2011)
Corporate boards
PIMCO, Member of the Global Advisory Board (since 2015)
Non profit organizations
Bretton Woods Committee, Member of the Advisory Council (since 2020)
Scope Foundation, Member of the Honorary Board (since 2020)
Center for Economic and Policy Research (CEPR), Distinguished Fellow (since 2019)
Bruegel, Chairman of the Board (since 2012)
Bilderberg Group, Member of the Steering Committee
European Horizons, Advisor
Complexity Research Initiative for Systemic Instabilities (CRISIS), Member of the Advisory Board
Institute for Law and Finance at the Goethe University Frankfurt, Member of the Academic Advisory Board
Systemic Risk Council (SRC), Senior Advisor
Political positions
At the height of the euro crisis, Trichet publicly criticized President Nicolas Sarkozy and Chancellor Angela Merkel, who had agreed at a meeting in Deauville in 2010 that sovereign debt could be restructured in a bailout to make private investors pay their share; the plan was never implemented. At the ceremony for the Charlemagne Prize in 2011, Trichet called for the creation of a central finance ministry to oversee spending by countries that use the euro. On 5 August 2011 Trichet wrote, together with Mario Draghi, a letter to the Italian government to push for a series of economic measures that would soon be implemented in Italy. In 2015, Trichet joined forces with two other former governors of the Bank of France – Michel Camdessus and Jacques de Larosière – in publicly supporting President François Hollande’s appointment of François Villeroy de Galhau to head the central bank. In a 2019 article for the Financial Times'', Trichet publicly hit back against some of his former colleagues at the European Central Bank – including Jürgen Stark and Otmar Issing, who both worked as ECB chief economist under Trichet’s presidency –, calling them "misguided" in their criticism of the loose monetary policy pursued by his successor as president Mario Draghi.
**Басқа қызметтері**
French economist
Jean Claude Trichet (ʒɑ̃ klod tʁiʃɛ; born 20 December 1942) is a French economist who was President of the European Central Bank from 2004 to 2011. Previous to his assumption of the presidency he was Governor of the Bank of France from 1993 to 2004. After stepping down from the European Central Bank, Trichet has taken speaking arrangements across France and was on the board of directors of the Bank for International Settlements. He was asked to join the non doctrinal think tank, Bruegel, to consult on economic policy. In 2008, Trichet ranked fifth on Newsweek'''s list of the world's most powerful along with economic triumvirs Ben Bernanke (fourth) and Masaaki Shirakawa (sixth). Early life and education
Trichet was born in 1942 in Lyon, the son of a professor of Greek and Latin. He was educated at the École des Mines de Nancy, from which he graduated in 1964. He later earned a master's degree in economics from the University of Paris and then trained at the Institut d'études politiques de Paris (best known as Sciences Po), finishing in 1966, and the École nationale d'administration (ENA) from 1969–1971, two French higher education institutions in the field of political science and state administration. Career
Career in the public sector
From 1987, Trichet was head of the Trésor public. In this capacity, he also chaired the Paris Club of creditor nations in the mid 1980s and was closely involved in debt problems that struck Latin America, Africa and the Middle East. He also became a member of Washington based financial advisory body, the Group of Thirty. Soon after taking office at Trésor, Trichet oversaw the change to an anti inflationary franc fort (strong franc) policy, to pave the way for currency union with Germany. In 1993, he led Trésor’s move to grant the Bank of France independence to set its own interest rates. In 1993, Trichet was appointed governor of Banque de France. Both as director of the French Treasury and then governor of the Banque de France, he was widely seen as one of the architects of the European monetary union. By 1997, Prime Minister Lionel Jospin and President Jacques Chirac proposed Trichet as France’s candidate for the position as president of the European Central Bank; this way they opposed Wim Duisenberg, the candidate preferred by the majority of the Eurozone members. Under a compromise laid out by German Finance Minister Theo Waigel, Duisenberg would resign midway through his eight year term to make way for Trichet. On 1 November 2003 he succeeded Wim Duisenberg. During his time in office, Trichet oversaw the ECB’s response to the European debt crisis, including its Securities Markets Programme to stem the crisis in eurozone government bond markets. In 2011, ECB board member Jürgen Stark resigned in what was widely seen as a protest against this policy. Career in the private sector
On 28 January 2012, the board of the European Aeronautic Defence and Space Company approved Trichet’s nomination to the Board, where he represented (with Dominique d’Hinnin of the Lagardère Group) the French state’s holding company SOGEADE. Trichet succeeded Mario Monti as chairman of the European branch of the Trilateral Commission in 2012. Trichet was a member of the Eminent Persons Group on Global Financial Governance, which was established by the G20 Finance Ministers and Central Bank Governors for the period from 2017 to 2018. In early 2021, Trichet was appointed by the G20 to the High Level Independent Panel (HLIP) on financing the global commons for pandemic preparedness and response, co chaired by Ngozi Okonjo Iweala, Tharman Shanmugaratnam and Lawrence Summers. Other activities
International organizations
European Central Bank, Chair of the Ethics Committee (2016–2019)
European Systemic Risk Board (ESRB), Chair (2010–2011)
Corporate boards
PIMCO, Member of the Global Advisory Board (since 2015)
Non profit organizations
Bretton Woods Committee, Member of the Advisory Council (since 2020)
Scope Foundation, Member of the Honorary Board (since 2020)
Center for Economic and Policy Research (CEPR), Distinguished Fellow (since 2019)
Bruegel, Chairman of the Board (since 2012)
Bilderberg Group, Member of the Steering Committee
European Horizons, Advisor
Complexity Research Initiative for Systemic Instabilities (CRISIS), Member of the Advisory Board
Institute for Law and Finance at the Goethe University Frankfurt, Member of the Academic Advisory Board
Systemic Risk Council (SRC), Senior Advisor
Political positions
At the height of the euro crisis, Trichet publicly criticized President Nicolas Sarkozy and Chancellor Angela Merkel, who had agreed at a meeting in Deauville in 2010 that sovereign debt could be restructured in a bailout to make private investors pay their share; the plan was never implemented. At the ceremony for the Charlemagne Prize in 2011, Trichet called for the creation of a central finance ministry to oversee spending by countries that use the euro. On 5 August 2011 Trichet wrote, together with Mario Draghi, a letter to the Italian government to push for a series of economic measures that would soon be implemented in Italy. In 2015, Trichet joined forces with two other former governors of the Bank of France – Michel Camdessus and Jacques de Larosière – in publicly supporting President François Hollande’s appointment of François Villeroy de Galhau to head the central bank. In a 2019 article for the Financial Times'', Trichet publicly hit back against some of his former colleagues at the European Central Bank – including Jürgen Stark and Otmar Issing, who both worked as ECB chief economist under Trichet’s presidency –, calling them "misguided" in their criticism of the loose monetary policy pursued by his successor as president Mario Draghi.
Jean Claude Trichet (ʒɑ̃ klod tʁiʃɛ; born 20 December 1942) is a French economist who was President of the European Central Bank from 2004 to 2011. Previous to his assumption of the presidency he was Governor of the Bank of France from 1993 to 2004. After stepping down from the European Central Bank, Trichet has taken speaking arrangements across France and was on the board of directors of the Bank for International Settlements. He was asked to join the non doctrinal think tank, Bruegel, to consult on economic policy. In 2008, Trichet ranked fifth on Newsweek'''s list of the world's most powerful along with economic triumvirs Ben Bernanke (fourth) and Masaaki Shirakawa (sixth). Early life and education
Trichet was born in 1942 in Lyon, the son of a professor of Greek and Latin. He was educated at the École des Mines de Nancy, from which he graduated in 1964. He later earned a master's degree in economics from the University of Paris and then trained at the Institut d'études politiques de Paris (best known as Sciences Po), finishing in 1966, and the École nationale d'administration (ENA) from 1969–1971, two French higher education institutions in the field of political science and state administration. Career
Career in the public sector
From 1987, Trichet was head of the Trésor public. In this capacity, he also chaired the Paris Club of creditor nations in the mid 1980s and was closely involved in debt problems that struck Latin America, Africa and the Middle East. He also became a member of Washington based financial advisory body, the Group of Thirty. Soon after taking office at Trésor, Trichet oversaw the change to an anti inflationary franc fort (strong franc) policy, to pave the way for currency union with Germany. In 1993, he led Trésor’s move to grant the Bank of France independence to set its own interest rates. In 1993, Trichet was appointed governor of Banque de France. Both as director of the French Treasury and then governor of the Banque de France, he was widely seen as one of the architects of the European monetary union. By 1997, Prime Minister Lionel Jospin and President Jacques Chirac proposed Trichet as France’s candidate for the position as president of the European Central Bank; this way they opposed Wim Duisenberg, the candidate preferred by the majority of the Eurozone members. Under a compromise laid out by German Finance Minister Theo Waigel, Duisenberg would resign midway through his eight year term to make way for Trichet. On 1 November 2003 he succeeded Wim Duisenberg. During his time in office, Trichet oversaw the ECB’s response to the European debt crisis, including its Securities Markets Programme to stem the crisis in eurozone government bond markets. In 2011, ECB board member Jürgen Stark resigned in what was widely seen as a protest against this policy. Career in the private sector
On 28 January 2012, the board of the European Aeronautic Defence and Space Company approved Trichet’s nomination to the Board, where he represented (with Dominique d’Hinnin of the Lagardère Group) the French state’s holding company SOGEADE. Trichet succeeded Mario Monti as chairman of the European branch of the Trilateral Commission in 2012. Trichet was a member of the Eminent Persons Group on Global Financial Governance, which was established by the G20 Finance Ministers and Central Bank Governors for the period from 2017 to 2018. In early 2021, Trichet was appointed by the G20 to the High Level Independent Panel (HLIP) on financing the global commons for pandemic preparedness and response, co chaired by Ngozi Okonjo Iweala, Tharman Shanmugaratnam and Lawrence Summers. Other activities
International organizations
European Central Bank, Chair of the Ethics Committee (2016–2019)
European Systemic Risk Board (ESRB), Chair (2010–2011)
Corporate boards
PIMCO, Member of the Global Advisory Board (since 2015)
Non profit organizations
Bretton Woods Committee, Member of the Advisory Council (since 2020)
Scope Foundation, Member of the Honorary Board (since 2020)
Center for Economic and Policy Research (CEPR), Distinguished Fellow (since 2019)
Bruegel, Chairman of the Board (since 2012)
Bilderberg Group, Member of the Steering Committee
European Horizons, Advisor
Complexity Research Initiative for Systemic Instabilities (CRISIS), Member of the Advisory Board
Institute for Law and Finance at the Goethe University Frankfurt, Member of the Academic Advisory Board
Systemic Risk Council (SRC), Senior Advisor
Political positions
At the height of the euro crisis, Trichet publicly criticized President Nicolas Sarkozy and Chancellor Angela Merkel, who had agreed at a meeting in Deauville in 2010 that sovereign debt could be restructured in a bailout to make private investors pay their share; the plan was never implemented. At the ceremony for the Charlemagne Prize in 2011, Trichet called for the creation of a central finance ministry to oversee spending by countries that use the euro. On 5 August 2011 Trichet wrote, together with Mario Draghi, a letter to the Italian government to push for a series of economic measures that would soon be implemented in Italy. In 2015, Trichet joined forces with two other former governors of the Bank of France – Michel Camdessus and Jacques de Larosière – in publicly supporting President François Hollande’s appointment of François Villeroy de Galhau to head the central bank. In a 2019 article for the Financial Times'', Trichet publicly hit back against some of his former colleagues at the European Central Bank – including Jürgen Stark and Otmar Issing, who both worked as ECB chief economist under Trichet’s presidency –, calling them "misguided" in their criticism of the loose monetary policy pursued by his successor as president Mario Draghi.
**Халықаралық ұйымдар**
French economist
Jean Claude Trichet (ʒɑ̃ klod tʁiʃɛ; born 20 December 1942) is a French economist who was President of the European Central Bank from 2004 to 2011. Previous to his assumption of the presidency he was Governor of the Bank of France from 1993 to 2004. After stepping down from the European Central Bank, Trichet has taken speaking arrangements across France and was on the board of directors of the Bank for International Settlements. He was asked to join the non doctrinal think tank, Bruegel, to consult on economic policy. In 2008, Trichet ranked fifth on Newsweek'''s list of the world's most powerful along with economic triumvirs Ben Bernanke (fourth) and Masaaki Shirakawa (sixth). Early life and education
Trichet was born in 1942 in Lyon, the son of a professor of Greek and Latin. He was educated at the École des Mines de Nancy, from which he graduated in 1964. He later earned a master's degree in economics from the University of Paris and then trained at the Institut d'études politiques de Paris (best known as Sciences Po), finishing in 1966, and the École nationale d'administration (ENA) from 1969–1971, two French higher education institutions in the field of political science and state administration. Career
Career in the public sector
From 1987, Trichet was head of the Trésor public. In this capacity, he also chaired the Paris Club of creditor nations in the mid 1980s and was closely involved in debt problems that struck Latin America, Africa and the Middle East. He also became a member of Washington based financial advisory body, the Group of Thirty. Soon after taking office at Trésor, Trichet oversaw the change to an anti inflationary franc fort (strong franc) policy, to pave the way for currency union with Germany. In 1993, he led Trésor’s move to grant the Bank of France independence to set its own interest rates. In 1993, Trichet was appointed governor of Banque de France. Both as director of the French Treasury and then governor of the Banque de France, he was widely seen as one of the architects of the European monetary union. By 1997, Prime Minister Lionel Jospin and President Jacques Chirac proposed Trichet as France’s candidate for the position as president of the European Central Bank; this way they opposed Wim Duisenberg, the candidate preferred by the majority of the Eurozone members. Under a compromise laid out by German Finance Minister Theo Waigel, Duisenberg would resign midway through his eight year term to make way for Trichet. On 1 November 2003 he succeeded Wim Duisenberg. During his time in office, Trichet oversaw the ECB’s response to the European debt crisis, including its Securities Markets Programme to stem the crisis in eurozone government bond markets. In 2011, ECB board member Jürgen Stark resigned in what was widely seen as a protest against this policy. Career in the private sector
On 28 January 2012, the board of the European Aeronautic Defence and Space Company approved Trichet’s nomination to the Board, where he represented (with Dominique d’Hinnin of the Lagardère Group) the French state’s holding company SOGEADE. Trichet succeeded Mario Monti as chairman of the European branch of the Trilateral Commission in 2012. Trichet was a member of the Eminent Persons Group on Global Financial Governance, which was established by the G20 Finance Ministers and Central Bank Governors for the period from 2017 to 2018. In early 2021, Trichet was appointed by the G20 to the High Level Independent Panel (HLIP) on financing the global commons for pandemic preparedness and response, co chaired by Ngozi Okonjo Iweala, Tharman Shanmugaratnam and Lawrence Summers. Other activities
International organizations
European Central Bank, Chair of the Ethics Committee (2016–2019)
European Systemic Risk Board (ESRB), Chair (2010–2011)
Corporate boards
PIMCO, Member of the Global Advisory Board (since 2015)
Non profit organizations
Bretton Woods Committee, Member of the Advisory Council (since 2020)
Scope Foundation, Member of the Honorary Board (since 2020)
Center for Economic and Policy Research (CEPR), Distinguished Fellow (since 2019)
Bruegel, Chairman of the Board (since 2012)
Bilderberg Group, Member of the Steering Committee
European Horizons, Advisor
Complexity Research Initiative for Systemic Instabilities (CRISIS), Member of the Advisory Board
Institute for Law and Finance at the Goethe University Frankfurt, Member of the Academic Advisory Board
Systemic Risk Council (SRC), Senior Advisor
Political positions
At the height of the euro crisis, Trichet publicly criticized President Nicolas Sarkozy and Chancellor Angela Merkel, who had agreed at a meeting in Deauville in 2010 that sovereign debt could be restructured in a bailout to make private investors pay their share; the plan was never implemented. At the ceremony for the Charlemagne Prize in 2011, Trichet called for the creation of a central finance ministry to oversee spending by countries that use the euro. On 5 August 2011 Trichet wrote, together with Mario Draghi, a letter to the Italian government to push for a series of economic measures that would soon be implemented in Italy. In 2015, Trichet joined forces with two other former governors of the Bank of France – Michel Camdessus and Jacques de Larosière – in publicly supporting President François Hollande’s appointment of François Villeroy de Galhau to head the central bank. In a 2019 article for the Financial Times'', Trichet publicly hit back against some of his former colleagues at the European Central Bank – including Jürgen Stark and Otmar Issing, who both worked as ECB chief economist under Trichet’s presidency –, calling them "misguided" in their criticism of the loose monetary policy pursued by his successor as president Mario Draghi.
Jean Claude Trichet (ʒɑ̃ klod tʁiʃɛ; born 20 December 1942) is a French economist who was President of the European Central Bank from 2004 to 2011. Previous to his assumption of the presidency he was Governor of the Bank of France from 1993 to 2004. After stepping down from the European Central Bank, Trichet has taken speaking arrangements across France and was on the board of directors of the Bank for International Settlements. He was asked to join the non doctrinal think tank, Bruegel, to consult on economic policy. In 2008, Trichet ranked fifth on Newsweek'''s list of the world's most powerful along with economic triumvirs Ben Bernanke (fourth) and Masaaki Shirakawa (sixth). Early life and education
Trichet was born in 1942 in Lyon, the son of a professor of Greek and Latin. He was educated at the École des Mines de Nancy, from which he graduated in 1964. He later earned a master's degree in economics from the University of Paris and then trained at the Institut d'études politiques de Paris (best known as Sciences Po), finishing in 1966, and the École nationale d'administration (ENA) from 1969–1971, two French higher education institutions in the field of political science and state administration. Career
Career in the public sector
From 1987, Trichet was head of the Trésor public. In this capacity, he also chaired the Paris Club of creditor nations in the mid 1980s and was closely involved in debt problems that struck Latin America, Africa and the Middle East. He also became a member of Washington based financial advisory body, the Group of Thirty. Soon after taking office at Trésor, Trichet oversaw the change to an anti inflationary franc fort (strong franc) policy, to pave the way for currency union with Germany. In 1993, he led Trésor’s move to grant the Bank of France independence to set its own interest rates. In 1993, Trichet was appointed governor of Banque de France. Both as director of the French Treasury and then governor of the Banque de France, he was widely seen as one of the architects of the European monetary union. By 1997, Prime Minister Lionel Jospin and President Jacques Chirac proposed Trichet as France’s candidate for the position as president of the European Central Bank; this way they opposed Wim Duisenberg, the candidate preferred by the majority of the Eurozone members. Under a compromise laid out by German Finance Minister Theo Waigel, Duisenberg would resign midway through his eight year term to make way for Trichet. On 1 November 2003 he succeeded Wim Duisenberg. During his time in office, Trichet oversaw the ECB’s response to the European debt crisis, including its Securities Markets Programme to stem the crisis in eurozone government bond markets. In 2011, ECB board member Jürgen Stark resigned in what was widely seen as a protest against this policy. Career in the private sector
On 28 January 2012, the board of the European Aeronautic Defence and Space Company approved Trichet’s nomination to the Board, where he represented (with Dominique d’Hinnin of the Lagardère Group) the French state’s holding company SOGEADE. Trichet succeeded Mario Monti as chairman of the European branch of the Trilateral Commission in 2012. Trichet was a member of the Eminent Persons Group on Global Financial Governance, which was established by the G20 Finance Ministers and Central Bank Governors for the period from 2017 to 2018. In early 2021, Trichet was appointed by the G20 to the High Level Independent Panel (HLIP) on financing the global commons for pandemic preparedness and response, co chaired by Ngozi Okonjo Iweala, Tharman Shanmugaratnam and Lawrence Summers. Other activities
International organizations
European Central Bank, Chair of the Ethics Committee (2016–2019)
European Systemic Risk Board (ESRB), Chair (2010–2011)
Corporate boards
PIMCO, Member of the Global Advisory Board (since 2015)
Non profit organizations
Bretton Woods Committee, Member of the Advisory Council (since 2020)
Scope Foundation, Member of the Honorary Board (since 2020)
Center for Economic and Policy Research (CEPR), Distinguished Fellow (since 2019)
Bruegel, Chairman of the Board (since 2012)
Bilderberg Group, Member of the Steering Committee
European Horizons, Advisor
Complexity Research Initiative for Systemic Instabilities (CRISIS), Member of the Advisory Board
Institute for Law and Finance at the Goethe University Frankfurt, Member of the Academic Advisory Board
Systemic Risk Council (SRC), Senior Advisor
Political positions
At the height of the euro crisis, Trichet publicly criticized President Nicolas Sarkozy and Chancellor Angela Merkel, who had agreed at a meeting in Deauville in 2010 that sovereign debt could be restructured in a bailout to make private investors pay their share; the plan was never implemented. At the ceremony for the Charlemagne Prize in 2011, Trichet called for the creation of a central finance ministry to oversee spending by countries that use the euro. On 5 August 2011 Trichet wrote, together with Mario Draghi, a letter to the Italian government to push for a series of economic measures that would soon be implemented in Italy. In 2015, Trichet joined forces with two other former governors of the Bank of France – Michel Camdessus and Jacques de Larosière – in publicly supporting President François Hollande’s appointment of François Villeroy de Galhau to head the central bank. In a 2019 article for the Financial Times'', Trichet publicly hit back against some of his former colleagues at the European Central Bank – including Jürgen Stark and Otmar Issing, who both worked as ECB chief economist under Trichet’s presidency –, calling them "misguided" in their criticism of the loose monetary policy pursued by his successor as president Mario Draghi.
* Еуропалық Орталық Банк, Этика комитетінің төрағасы (2016–2019)
* Еуропалық жүйелік тәуекел жөніндегі кеңес (ESRB), төраға (2010–2011)
French economist
Jean Claude Trichet (ʒɑ̃ klod tʁiʃɛ; born 20 December 1942) is a French economist who was President of the European Central Bank from 2004 to 2011. Previous to his assumption of the presidency he was Governor of the Bank of France from 1993 to 2004. After stepping down from the European Central Bank, Trichet has taken speaking arrangements across France and was on the board of directors of the Bank for International Settlements. He was asked to join the non doctrinal think tank, Bruegel, to consult on economic policy. In 2008, Trichet ranked fifth on Newsweek'''s list of the world's most powerful along with economic triumvirs Ben Bernanke (fourth) and Masaaki Shirakawa (sixth). Early life and education
Trichet was born in 1942 in Lyon, the son of a professor of Greek and Latin. He was educated at the École des Mines de Nancy, from which he graduated in 1964. He later earned a master's degree in economics from the University of Paris and then trained at the Institut d'études politiques de Paris (best known as Sciences Po), finishing in 1966, and the École nationale d'administration (ENA) from 1969–1971, two French higher education institutions in the field of political science and state administration. Career
Career in the public sector
From 1987, Trichet was head of the Trésor public. In this capacity, he also chaired the Paris Club of creditor nations in the mid 1980s and was closely involved in debt problems that struck Latin America, Africa and the Middle East. He also became a member of Washington based financial advisory body, the Group of Thirty. Soon after taking office at Trésor, Trichet oversaw the change to an anti inflationary franc fort (strong franc) policy, to pave the way for currency union with Germany. In 1993, he led Trésor’s move to grant the Bank of France independence to set its own interest rates. In 1993, Trichet was appointed governor of Banque de France. Both as director of the French Treasury and then governor of the Banque de France, he was widely seen as one of the architects of the European monetary union. By 1997, Prime Minister Lionel Jospin and President Jacques Chirac proposed Trichet as France’s candidate for the position as president of the European Central Bank; this way they opposed Wim Duisenberg, the candidate preferred by the majority of the Eurozone members. Under a compromise laid out by German Finance Minister Theo Waigel, Duisenberg would resign midway through his eight year term to make way for Trichet. On 1 November 2003 he succeeded Wim Duisenberg. During his time in office, Trichet oversaw the ECB’s response to the European debt crisis, including its Securities Markets Programme to stem the crisis in eurozone government bond markets. In 2011, ECB board member Jürgen Stark resigned in what was widely seen as a protest against this policy. Career in the private sector
On 28 January 2012, the board of the European Aeronautic Defence and Space Company approved Trichet’s nomination to the Board, where he represented (with Dominique d’Hinnin of the Lagardère Group) the French state’s holding company SOGEADE. Trichet succeeded Mario Monti as chairman of the European branch of the Trilateral Commission in 2012. Trichet was a member of the Eminent Persons Group on Global Financial Governance, which was established by the G20 Finance Ministers and Central Bank Governors for the period from 2017 to 2018. In early 2021, Trichet was appointed by the G20 to the High Level Independent Panel (HLIP) on financing the global commons for pandemic preparedness and response, co chaired by Ngozi Okonjo Iweala, Tharman Shanmugaratnam and Lawrence Summers. Other activities
International organizations
European Central Bank, Chair of the Ethics Committee (2016–2019)
European Systemic Risk Board (ESRB), Chair (2010–2011)
Corporate boards
PIMCO, Member of the Global Advisory Board (since 2015)
Non profit organizations
Bretton Woods Committee, Member of the Advisory Council (since 2020)
Scope Foundation, Member of the Honorary Board (since 2020)
Center for Economic and Policy Research (CEPR), Distinguished Fellow (since 2019)
Bruegel, Chairman of the Board (since 2012)
Bilderberg Group, Member of the Steering Committee
European Horizons, Advisor
Complexity Research Initiative for Systemic Instabilities (CRISIS), Member of the Advisory Board
Institute for Law and Finance at the Goethe University Frankfurt, Member of the Academic Advisory Board
Systemic Risk Council (SRC), Senior Advisor
Political positions
At the height of the euro crisis, Trichet publicly criticized President Nicolas Sarkozy and Chancellor Angela Merkel, who had agreed at a meeting in Deauville in 2010 that sovereign debt could be restructured in a bailout to make private investors pay their share; the plan was never implemented. At the ceremony for the Charlemagne Prize in 2011, Trichet called for the creation of a central finance ministry to oversee spending by countries that use the euro. On 5 August 2011 Trichet wrote, together with Mario Draghi, a letter to the Italian government to push for a series of economic measures that would soon be implemented in Italy. In 2015, Trichet joined forces with two other former governors of the Bank of France – Michel Camdessus and Jacques de Larosière – in publicly supporting President François Hollande’s appointment of François Villeroy de Galhau to head the central bank. In a 2019 article for the Financial Times'', Trichet publicly hit back against some of his former colleagues at the European Central Bank – including Jürgen Stark and Otmar Issing, who both worked as ECB chief economist under Trichet’s presidency –, calling them "misguided" in their criticism of the loose monetary policy pursued by his successor as president Mario Draghi.
Jean Claude Trichet (ʒɑ̃ klod tʁiʃɛ; born 20 December 1942) is a French economist who was President of the European Central Bank from 2004 to 2011. Previous to his assumption of the presidency he was Governor of the Bank of France from 1993 to 2004. After stepping down from the European Central Bank, Trichet has taken speaking arrangements across France and was on the board of directors of the Bank for International Settlements. He was asked to join the non doctrinal think tank, Bruegel, to consult on economic policy. In 2008, Trichet ranked fifth on Newsweek'''s list of the world's most powerful along with economic triumvirs Ben Bernanke (fourth) and Masaaki Shirakawa (sixth). Early life and education
Trichet was born in 1942 in Lyon, the son of a professor of Greek and Latin. He was educated at the École des Mines de Nancy, from which he graduated in 1964. He later earned a master's degree in economics from the University of Paris and then trained at the Institut d'études politiques de Paris (best known as Sciences Po), finishing in 1966, and the École nationale d'administration (ENA) from 1969–1971, two French higher education institutions in the field of political science and state administration. Career
Career in the public sector
From 1987, Trichet was head of the Trésor public. In this capacity, he also chaired the Paris Club of creditor nations in the mid 1980s and was closely involved in debt problems that struck Latin America, Africa and the Middle East. He also became a member of Washington based financial advisory body, the Group of Thirty. Soon after taking office at Trésor, Trichet oversaw the change to an anti inflationary franc fort (strong franc) policy, to pave the way for currency union with Germany. In 1993, he led Trésor’s move to grant the Bank of France independence to set its own interest rates. In 1993, Trichet was appointed governor of Banque de France. Both as director of the French Treasury and then governor of the Banque de France, he was widely seen as one of the architects of the European monetary union. By 1997, Prime Minister Lionel Jospin and President Jacques Chirac proposed Trichet as France’s candidate for the position as president of the European Central Bank; this way they opposed Wim Duisenberg, the candidate preferred by the majority of the Eurozone members. Under a compromise laid out by German Finance Minister Theo Waigel, Duisenberg would resign midway through his eight year term to make way for Trichet. On 1 November 2003 he succeeded Wim Duisenberg. During his time in office, Trichet oversaw the ECB’s response to the European debt crisis, including its Securities Markets Programme to stem the crisis in eurozone government bond markets. In 2011, ECB board member Jürgen Stark resigned in what was widely seen as a protest against this policy. Career in the private sector
On 28 January 2012, the board of the European Aeronautic Defence and Space Company approved Trichet’s nomination to the Board, where he represented (with Dominique d’Hinnin of the Lagardère Group) the French state’s holding company SOGEADE. Trichet succeeded Mario Monti as chairman of the European branch of the Trilateral Commission in 2012. Trichet was a member of the Eminent Persons Group on Global Financial Governance, which was established by the G20 Finance Ministers and Central Bank Governors for the period from 2017 to 2018. In early 2021, Trichet was appointed by the G20 to the High Level Independent Panel (HLIP) on financing the global commons for pandemic preparedness and response, co chaired by Ngozi Okonjo Iweala, Tharman Shanmugaratnam and Lawrence Summers. Other activities
International organizations
European Central Bank, Chair of the Ethics Committee (2016–2019)
European Systemic Risk Board (ESRB), Chair (2010–2011)
Corporate boards
PIMCO, Member of the Global Advisory Board (since 2015)
Non profit organizations
Bretton Woods Committee, Member of the Advisory Council (since 2020)
Scope Foundation, Member of the Honorary Board (since 2020)
Center for Economic and Policy Research (CEPR), Distinguished Fellow (since 2019)
Bruegel, Chairman of the Board (since 2012)
Bilderberg Group, Member of the Steering Committee
European Horizons, Advisor
Complexity Research Initiative for Systemic Instabilities (CRISIS), Member of the Advisory Board
Institute for Law and Finance at the Goethe University Frankfurt, Member of the Academic Advisory Board
Systemic Risk Council (SRC), Senior Advisor
Political positions
At the height of the euro crisis, Trichet publicly criticized President Nicolas Sarkozy and Chancellor Angela Merkel, who had agreed at a meeting in Deauville in 2010 that sovereign debt could be restructured in a bailout to make private investors pay their share; the plan was never implemented. At the ceremony for the Charlemagne Prize in 2011, Trichet called for the creation of a central finance ministry to oversee spending by countries that use the euro. On 5 August 2011 Trichet wrote, together with Mario Draghi, a letter to the Italian government to push for a series of economic measures that would soon be implemented in Italy. In 2015, Trichet joined forces with two other former governors of the Bank of France – Michel Camdessus and Jacques de Larosière – in publicly supporting President François Hollande’s appointment of François Villeroy de Galhau to head the central bank. In a 2019 article for the Financial Times'', Trichet publicly hit back against some of his former colleagues at the European Central Bank – including Jürgen Stark and Otmar Issing, who both worked as ECB chief economist under Trichet’s presidency –, calling them "misguided" in their criticism of the loose monetary policy pursued by his successor as president Mario Draghi.
**Корпоративтік кеңестер**
French economist
Jean Claude Trichet (ʒɑ̃ klod tʁiʃɛ; born 20 December 1942) is a French economist who was President of the European Central Bank from 2004 to 2011. Previous to his assumption of the presidency he was Governor of the Bank of France from 1993 to 2004. After stepping down from the European Central Bank, Trichet has taken speaking arrangements across France and was on the board of directors of the Bank for International Settlements. He was asked to join the non doctrinal think tank, Bruegel, to consult on economic policy. In 2008, Trichet ranked fifth on Newsweek'''s list of the world's most powerful along with economic triumvirs Ben Bernanke (fourth) and Masaaki Shirakawa (sixth). Early life and education
Trichet was born in 1942 in Lyon, the son of a professor of Greek and Latin. He was educated at the École des Mines de Nancy, from which he graduated in 1964. He later earned a master's degree in economics from the University of Paris and then trained at the Institut d'études politiques de Paris (best known as Sciences Po), finishing in 1966, and the École nationale d'administration (ENA) from 1969–1971, two French higher education institutions in the field of political science and state administration. Career
Career in the public sector
From 1987, Trichet was head of the Trésor public. In this capacity, he also chaired the Paris Club of creditor nations in the mid 1980s and was closely involved in debt problems that struck Latin America, Africa and the Middle East. He also became a member of Washington based financial advisory body, the Group of Thirty. Soon after taking office at Trésor, Trichet oversaw the change to an anti inflationary franc fort (strong franc) policy, to pave the way for currency union with Germany. In 1993, he led Trésor’s move to grant the Bank of France independence to set its own interest rates. In 1993, Trichet was appointed governor of Banque de France. Both as director of the French Treasury and then governor of the Banque de France, he was widely seen as one of the architects of the European monetary union. By 1997, Prime Minister Lionel Jospin and President Jacques Chirac proposed Trichet as France’s candidate for the position as president of the European Central Bank; this way they opposed Wim Duisenberg, the candidate preferred by the majority of the Eurozone members. Under a compromise laid out by German Finance Minister Theo Waigel, Duisenberg would resign midway through his eight year term to make way for Trichet. On 1 November 2003 he succeeded Wim Duisenberg. During his time in office, Trichet oversaw the ECB’s response to the European debt crisis, including its Securities Markets Programme to stem the crisis in eurozone government bond markets. In 2011, ECB board member Jürgen Stark resigned in what was widely seen as a protest against this policy. Career in the private sector
On 28 January 2012, the board of the European Aeronautic Defence and Space Company approved Trichet’s nomination to the Board, where he represented (with Dominique d’Hinnin of the Lagardère Group) the French state’s holding company SOGEADE. Trichet succeeded Mario Monti as chairman of the European branch of the Trilateral Commission in 2012. Trichet was a member of the Eminent Persons Group on Global Financial Governance, which was established by the G20 Finance Ministers and Central Bank Governors for the period from 2017 to 2018. In early 2021, Trichet was appointed by the G20 to the High Level Independent Panel (HLIP) on financing the global commons for pandemic preparedness and response, co chaired by Ngozi Okonjo Iweala, Tharman Shanmugaratnam and Lawrence Summers. Other activities
International organizations
European Central Bank, Chair of the Ethics Committee (2016–2019)
European Systemic Risk Board (ESRB), Chair (2010–2011)
Corporate boards
PIMCO, Member of the Global Advisory Board (since 2015)
Non profit organizations
Bretton Woods Committee, Member of the Advisory Council (since 2020)
Scope Foundation, Member of the Honorary Board (since 2020)
Center for Economic and Policy Research (CEPR), Distinguished Fellow (since 2019)
Bruegel, Chairman of the Board (since 2012)
Bilderberg Group, Member of the Steering Committee
European Horizons, Advisor
Complexity Research Initiative for Systemic Instabilities (CRISIS), Member of the Advisory Board
Institute for Law and Finance at the Goethe University Frankfurt, Member of the Academic Advisory Board
Systemic Risk Council (SRC), Senior Advisor
Political positions
At the height of the euro crisis, Trichet publicly criticized President Nicolas Sarkozy and Chancellor Angela Merkel, who had agreed at a meeting in Deauville in 2010 that sovereign debt could be restructured in a bailout to make private investors pay their share; the plan was never implemented. At the ceremony for the Charlemagne Prize in 2011, Trichet called for the creation of a central finance ministry to oversee spending by countries that use the euro. On 5 August 2011 Trichet wrote, together with Mario Draghi, a letter to the Italian government to push for a series of economic measures that would soon be implemented in Italy. In 2015, Trichet joined forces with two other former governors of the Bank of France – Michel Camdessus and Jacques de Larosière – in publicly supporting President François Hollande’s appointment of François Villeroy de Galhau to head the central bank. In a 2019 article for the Financial Times'', Trichet publicly hit back against some of his former colleagues at the European Central Bank – including Jürgen Stark and Otmar Issing, who both worked as ECB chief economist under Trichet’s presidency –, calling them "misguided" in their criticism of the loose monetary policy pursued by his successor as president Mario Draghi.
Jean Claude Trichet (ʒɑ̃ klod tʁiʃɛ; born 20 December 1942) is a French economist who was President of the European Central Bank from 2004 to 2011. Previous to his assumption of the presidency he was Governor of the Bank of France from 1993 to 2004. After stepping down from the European Central Bank, Trichet has taken speaking arrangements across France and was on the board of directors of the Bank for International Settlements. He was asked to join the non doctrinal think tank, Bruegel, to consult on economic policy. In 2008, Trichet ranked fifth on Newsweek'''s list of the world's most powerful along with economic triumvirs Ben Bernanke (fourth) and Masaaki Shirakawa (sixth). Early life and education
Trichet was born in 1942 in Lyon, the son of a professor of Greek and Latin. He was educated at the École des Mines de Nancy, from which he graduated in 1964. He later earned a master's degree in economics from the University of Paris and then trained at the Institut d'études politiques de Paris (best known as Sciences Po), finishing in 1966, and the École nationale d'administration (ENA) from 1969–1971, two French higher education institutions in the field of political science and state administration. Career
Career in the public sector
From 1987, Trichet was head of the Trésor public. In this capacity, he also chaired the Paris Club of creditor nations in the mid 1980s and was closely involved in debt problems that struck Latin America, Africa and the Middle East. He also became a member of Washington based financial advisory body, the Group of Thirty. Soon after taking office at Trésor, Trichet oversaw the change to an anti inflationary franc fort (strong franc) policy, to pave the way for currency union with Germany. In 1993, he led Trésor’s move to grant the Bank of France independence to set its own interest rates. In 1993, Trichet was appointed governor of Banque de France. Both as director of the French Treasury and then governor of the Banque de France, he was widely seen as one of the architects of the European monetary union. By 1997, Prime Minister Lionel Jospin and President Jacques Chirac proposed Trichet as France’s candidate for the position as president of the European Central Bank; this way they opposed Wim Duisenberg, the candidate preferred by the majority of the Eurozone members. Under a compromise laid out by German Finance Minister Theo Waigel, Duisenberg would resign midway through his eight year term to make way for Trichet. On 1 November 2003 he succeeded Wim Duisenberg. During his time in office, Trichet oversaw the ECB’s response to the European debt crisis, including its Securities Markets Programme to stem the crisis in eurozone government bond markets. In 2011, ECB board member Jürgen Stark resigned in what was widely seen as a protest against this policy. Career in the private sector
On 28 January 2012, the board of the European Aeronautic Defence and Space Company approved Trichet’s nomination to the Board, where he represented (with Dominique d’Hinnin of the Lagardère Group) the French state’s holding company SOGEADE. Trichet succeeded Mario Monti as chairman of the European branch of the Trilateral Commission in 2012. Trichet was a member of the Eminent Persons Group on Global Financial Governance, which was established by the G20 Finance Ministers and Central Bank Governors for the period from 2017 to 2018. In early 2021, Trichet was appointed by the G20 to the High Level Independent Panel (HLIP) on financing the global commons for pandemic preparedness and response, co chaired by Ngozi Okonjo Iweala, Tharman Shanmugaratnam and Lawrence Summers. Other activities
International organizations
European Central Bank, Chair of the Ethics Committee (2016–2019)
European Systemic Risk Board (ESRB), Chair (2010–2011)
Corporate boards
PIMCO, Member of the Global Advisory Board (since 2015)
Non profit organizations
Bretton Woods Committee, Member of the Advisory Council (since 2020)
Scope Foundation, Member of the Honorary Board (since 2020)
Center for Economic and Policy Research (CEPR), Distinguished Fellow (since 2019)
Bruegel, Chairman of the Board (since 2012)
Bilderberg Group, Member of the Steering Committee
European Horizons, Advisor
Complexity Research Initiative for Systemic Instabilities (CRISIS), Member of the Advisory Board
Institute for Law and Finance at the Goethe University Frankfurt, Member of the Academic Advisory Board
Systemic Risk Council (SRC), Senior Advisor
Political positions
At the height of the euro crisis, Trichet publicly criticized President Nicolas Sarkozy and Chancellor Angela Merkel, who had agreed at a meeting in Deauville in 2010 that sovereign debt could be restructured in a bailout to make private investors pay their share; the plan was never implemented. At the ceremony for the Charlemagne Prize in 2011, Trichet called for the creation of a central finance ministry to oversee spending by countries that use the euro. On 5 August 2011 Trichet wrote, together with Mario Draghi, a letter to the Italian government to push for a series of economic measures that would soon be implemented in Italy. In 2015, Trichet joined forces with two other former governors of the Bank of France – Michel Camdessus and Jacques de Larosière – in publicly supporting President François Hollande’s appointment of François Villeroy de Galhau to head the central bank. In a 2019 article for the Financial Times'', Trichet publicly hit back against some of his former colleagues at the European Central Bank – including Jürgen Stark and Otmar Issing, who both worked as ECB chief economist under Trichet’s presidency –, calling them "misguided" in their criticism of the loose monetary policy pursued by his successor as president Mario Draghi.
* PIMCO, Глобалды консультативтік кеңестің мүшесі (2015 жылдан бері)
French economist
Jean Claude Trichet (ʒɑ̃ klod tʁiʃɛ; born 20 December 1942) is a French economist who was President of the European Central Bank from 2004 to 2011. Previous to his assumption of the presidency he was Governor of the Bank of France from 1993 to 2004. After stepping down from the European Central Bank, Trichet has taken speaking arrangements across France and was on the board of directors of the Bank for International Settlements. He was asked to join the non doctrinal think tank, Bruegel, to consult on economic policy. In 2008, Trichet ranked fifth on Newsweek'''s list of the world's most powerful along with economic triumvirs Ben Bernanke (fourth) and Masaaki Shirakawa (sixth). Early life and education
Trichet was born in 1942 in Lyon, the son of a professor of Greek and Latin. He was educated at the École des Mines de Nancy, from which he graduated in 1964. He later earned a master's degree in economics from the University of Paris and then trained at the Institut d'études politiques de Paris (best known as Sciences Po), finishing in 1966, and the École nationale d'administration (ENA) from 1969–1971, two French higher education institutions in the field of political science and state administration. Career
Career in the public sector
From 1987, Trichet was head of the Trésor public. In this capacity, he also chaired the Paris Club of creditor nations in the mid 1980s and was closely involved in debt problems that struck Latin America, Africa and the Middle East. He also became a member of Washington based financial advisory body, the Group of Thirty. Soon after taking office at Trésor, Trichet oversaw the change to an anti inflationary franc fort (strong franc) policy, to pave the way for currency union with Germany. In 1993, he led Trésor’s move to grant the Bank of France independence to set its own interest rates. In 1993, Trichet was appointed governor of Banque de France. Both as director of the French Treasury and then governor of the Banque de France, he was widely seen as one of the architects of the European monetary union. By 1997, Prime Minister Lionel Jospin and President Jacques Chirac proposed Trichet as France’s candidate for the position as president of the European Central Bank; this way they opposed Wim Duisenberg, the candidate preferred by the majority of the Eurozone members. Under a compromise laid out by German Finance Minister Theo Waigel, Duisenberg would resign midway through his eight year term to make way for Trichet. On 1 November 2003 he succeeded Wim Duisenberg. During his time in office, Trichet oversaw the ECB’s response to the European debt crisis, including its Securities Markets Programme to stem the crisis in eurozone government bond markets. In 2011, ECB board member Jürgen Stark resigned in what was widely seen as a protest against this policy. Career in the private sector
On 28 January 2012, the board of the European Aeronautic Defence and Space Company approved Trichet’s nomination to the Board, where he represented (with Dominique d’Hinnin of the Lagardère Group) the French state’s holding company SOGEADE. Trichet succeeded Mario Monti as chairman of the European branch of the Trilateral Commission in 2012. Trichet was a member of the Eminent Persons Group on Global Financial Governance, which was established by the G20 Finance Ministers and Central Bank Governors for the period from 2017 to 2018. In early 2021, Trichet was appointed by the G20 to the High Level Independent Panel (HLIP) on financing the global commons for pandemic preparedness and response, co chaired by Ngozi Okonjo Iweala, Tharman Shanmugaratnam and Lawrence Summers. Other activities
International organizations
European Central Bank, Chair of the Ethics Committee (2016–2019)
European Systemic Risk Board (ESRB), Chair (2010–2011)
Corporate boards
PIMCO, Member of the Global Advisory Board (since 2015)
Non profit organizations
Bretton Woods Committee, Member of the Advisory Council (since 2020)
Scope Foundation, Member of the Honorary Board (since 2020)
Center for Economic and Policy Research (CEPR), Distinguished Fellow (since 2019)
Bruegel, Chairman of the Board (since 2012)
Bilderberg Group, Member of the Steering Committee
European Horizons, Advisor
Complexity Research Initiative for Systemic Instabilities (CRISIS), Member of the Advisory Board
Institute for Law and Finance at the Goethe University Frankfurt, Member of the Academic Advisory Board
Systemic Risk Council (SRC), Senior Advisor
Political positions
At the height of the euro crisis, Trichet publicly criticized President Nicolas Sarkozy and Chancellor Angela Merkel, who had agreed at a meeting in Deauville in 2010 that sovereign debt could be restructured in a bailout to make private investors pay their share; the plan was never implemented. At the ceremony for the Charlemagne Prize in 2011, Trichet called for the creation of a central finance ministry to oversee spending by countries that use the euro. On 5 August 2011 Trichet wrote, together with Mario Draghi, a letter to the Italian government to push for a series of economic measures that would soon be implemented in Italy. In 2015, Trichet joined forces with two other former governors of the Bank of France – Michel Camdessus and Jacques de Larosière – in publicly supporting President François Hollande’s appointment of François Villeroy de Galhau to head the central bank. In a 2019 article for the Financial Times'', Trichet publicly hit back against some of his former colleagues at the European Central Bank – including Jürgen Stark and Otmar Issing, who both worked as ECB chief economist under Trichet’s presidency –, calling them "misguided" in their criticism of the loose monetary policy pursued by his successor as president Mario Draghi.
Jean Claude Trichet (ʒɑ̃ klod tʁiʃɛ; born 20 December 1942) is a French economist who was President of the European Central Bank from 2004 to 2011. Previous to his assumption of the presidency he was Governor of the Bank of France from 1993 to 2004. After stepping down from the European Central Bank, Trichet has taken speaking arrangements across France and was on the board of directors of the Bank for International Settlements. He was asked to join the non doctrinal think tank, Bruegel, to consult on economic policy. In 2008, Trichet ranked fifth on Newsweek'''s list of the world's most powerful along with economic triumvirs Ben Bernanke (fourth) and Masaaki Shirakawa (sixth). Early life and education
Trichet was born in 1942 in Lyon, the son of a professor of Greek and Latin. He was educated at the École des Mines de Nancy, from which he graduated in 1964. He later earned a master's degree in economics from the University of Paris and then trained at the Institut d'études politiques de Paris (best known as Sciences Po), finishing in 1966, and the École nationale d'administration (ENA) from 1969–1971, two French higher education institutions in the field of political science and state administration. Career
Career in the public sector
From 1987, Trichet was head of the Trésor public. In this capacity, he also chaired the Paris Club of creditor nations in the mid 1980s and was closely involved in debt problems that struck Latin America, Africa and the Middle East. He also became a member of Washington based financial advisory body, the Group of Thirty. Soon after taking office at Trésor, Trichet oversaw the change to an anti inflationary franc fort (strong franc) policy, to pave the way for currency union with Germany. In 1993, he led Trésor’s move to grant the Bank of France independence to set its own interest rates. In 1993, Trichet was appointed governor of Banque de France. Both as director of the French Treasury and then governor of the Banque de France, he was widely seen as one of the architects of the European monetary union. By 1997, Prime Minister Lionel Jospin and President Jacques Chirac proposed Trichet as France’s candidate for the position as president of the European Central Bank; this way they opposed Wim Duisenberg, the candidate preferred by the majority of the Eurozone members. Under a compromise laid out by German Finance Minister Theo Waigel, Duisenberg would resign midway through his eight year term to make way for Trichet. On 1 November 2003 he succeeded Wim Duisenberg. During his time in office, Trichet oversaw the ECB’s response to the European debt crisis, including its Securities Markets Programme to stem the crisis in eurozone government bond markets. In 2011, ECB board member Jürgen Stark resigned in what was widely seen as a protest against this policy. Career in the private sector
On 28 January 2012, the board of the European Aeronautic Defence and Space Company approved Trichet’s nomination to the Board, where he represented (with Dominique d’Hinnin of the Lagardère Group) the French state’s holding company SOGEADE. Trichet succeeded Mario Monti as chairman of the European branch of the Trilateral Commission in 2012. Trichet was a member of the Eminent Persons Group on Global Financial Governance, which was established by the G20 Finance Ministers and Central Bank Governors for the period from 2017 to 2018. In early 2021, Trichet was appointed by the G20 to the High Level Independent Panel (HLIP) on financing the global commons for pandemic preparedness and response, co chaired by Ngozi Okonjo Iweala, Tharman Shanmugaratnam and Lawrence Summers. Other activities
International organizations
European Central Bank, Chair of the Ethics Committee (2016–2019)
European Systemic Risk Board (ESRB), Chair (2010–2011)
Corporate boards
PIMCO, Member of the Global Advisory Board (since 2015)
Non profit organizations
Bretton Woods Committee, Member of the Advisory Council (since 2020)
Scope Foundation, Member of the Honorary Board (since 2020)
Center for Economic and Policy Research (CEPR), Distinguished Fellow (since 2019)
Bruegel, Chairman of the Board (since 2012)
Bilderberg Group, Member of the Steering Committee
European Horizons, Advisor
Complexity Research Initiative for Systemic Instabilities (CRISIS), Member of the Advisory Board
Institute for Law and Finance at the Goethe University Frankfurt, Member of the Academic Advisory Board
Systemic Risk Council (SRC), Senior Advisor
Political positions
At the height of the euro crisis, Trichet publicly criticized President Nicolas Sarkozy and Chancellor Angela Merkel, who had agreed at a meeting in Deauville in 2010 that sovereign debt could be restructured in a bailout to make private investors pay their share; the plan was never implemented. At the ceremony for the Charlemagne Prize in 2011, Trichet called for the creation of a central finance ministry to oversee spending by countries that use the euro. On 5 August 2011 Trichet wrote, together with Mario Draghi, a letter to the Italian government to push for a series of economic measures that would soon be implemented in Italy. In 2015, Trichet joined forces with two other former governors of the Bank of France – Michel Camdessus and Jacques de Larosière – in publicly supporting President François Hollande’s appointment of François Villeroy de Galhau to head the central bank. In a 2019 article for the Financial Times'', Trichet publicly hit back against some of his former colleagues at the European Central Bank – including Jürgen Stark and Otmar Issing, who both worked as ECB chief economist under Trichet’s presidency –, calling them "misguided" in their criticism of the loose monetary policy pursued by his successor as president Mario Draghi.
**Коммерциялық емес ұйымдар**
French economist
Jean Claude Trichet (ʒɑ̃ klod tʁiʃɛ; born 20 December 1942) is a French economist who was President of the European Central Bank from 2004 to 2011. Previous to his assumption of the presidency he was Governor of the Bank of France from 1993 to 2004. After stepping down from the European Central Bank, Trichet has taken speaking arrangements across France and was on the board of directors of the Bank for International Settlements. He was asked to join the non doctrinal think tank, Bruegel, to consult on economic policy. In 2008, Trichet ranked fifth on Newsweek'''s list of the world's most powerful along with economic triumvirs Ben Bernanke (fourth) and Masaaki Shirakawa (sixth). Early life and education
Trichet was born in 1942 in Lyon, the son of a professor of Greek and Latin. He was educated at the École des Mines de Nancy, from which he graduated in 1964. He later earned a master's degree in economics from the University of Paris and then trained at the Institut d'études politiques de Paris (best known as Sciences Po), finishing in 1966, and the École nationale d'administration (ENA) from 1969–1971, two French higher education institutions in the field of political science and state administration. Career
Career in the public sector
From 1987, Trichet was head of the Trésor public. In this capacity, he also chaired the Paris Club of creditor nations in the mid 1980s and was closely involved in debt problems that struck Latin America, Africa and the Middle East. He also became a member of Washington based financial advisory body, the Group of Thirty. Soon after taking office at Trésor, Trichet oversaw the change to an anti inflationary franc fort (strong franc) policy, to pave the way for currency union with Germany. In 1993, he led Trésor’s move to grant the Bank of France independence to set its own interest rates. In 1993, Trichet was appointed governor of Banque de France. Both as director of the French Treasury and then governor of the Banque de France, he was widely seen as one of the architects of the European monetary union. By 1997, Prime Minister Lionel Jospin and President Jacques Chirac proposed Trichet as France’s candidate for the position as president of the European Central Bank; this way they opposed Wim Duisenberg, the candidate preferred by the majority of the Eurozone members. Under a compromise laid out by German Finance Minister Theo Waigel, Duisenberg would resign midway through his eight year term to make way for Trichet. On 1 November 2003 he succeeded Wim Duisenberg. During his time in office, Trichet oversaw the ECB’s response to the European debt crisis, including its Securities Markets Programme to stem the crisis in eurozone government bond markets. In 2011, ECB board member Jürgen Stark resigned in what was widely seen as a protest against this policy. Career in the private sector
On 28 January 2012, the board of the European Aeronautic Defence and Space Company approved Trichet’s nomination to the Board, where he represented (with Dominique d’Hinnin of the Lagardère Group) the French state’s holding company SOGEADE. Trichet succeeded Mario Monti as chairman of the European branch of the Trilateral Commission in 2012. Trichet was a member of the Eminent Persons Group on Global Financial Governance, which was established by the G20 Finance Ministers and Central Bank Governors for the period from 2017 to 2018. In early 2021, Trichet was appointed by the G20 to the High Level Independent Panel (HLIP) on financing the global commons for pandemic preparedness and response, co chaired by Ngozi Okonjo Iweala, Tharman Shanmugaratnam and Lawrence Summers. Other activities
International organizations
European Central Bank, Chair of the Ethics Committee (2016–2019)
European Systemic Risk Board (ESRB), Chair (2010–2011)
Corporate boards
PIMCO, Member of the Global Advisory Board (since 2015)
Non profit organizations
Bretton Woods Committee, Member of the Advisory Council (since 2020)
Scope Foundation, Member of the Honorary Board (since 2020)
Center for Economic and Policy Research (CEPR), Distinguished Fellow (since 2019)
Bruegel, Chairman of the Board (since 2012)
Bilderberg Group, Member of the Steering Committee
European Horizons, Advisor
Complexity Research Initiative for Systemic Instabilities (CRISIS), Member of the Advisory Board
Institute for Law and Finance at the Goethe University Frankfurt, Member of the Academic Advisory Board
Systemic Risk Council (SRC), Senior Advisor
Political positions
At the height of the euro crisis, Trichet publicly criticized President Nicolas Sarkozy and Chancellor Angela Merkel, who had agreed at a meeting in Deauville in 2010 that sovereign debt could be restructured in a bailout to make private investors pay their share; the plan was never implemented. At the ceremony for the Charlemagne Prize in 2011, Trichet called for the creation of a central finance ministry to oversee spending by countries that use the euro. On 5 August 2011 Trichet wrote, together with Mario Draghi, a letter to the Italian government to push for a series of economic measures that would soon be implemented in Italy. In 2015, Trichet joined forces with two other former governors of the Bank of France – Michel Camdessus and Jacques de Larosière – in publicly supporting President François Hollande’s appointment of François Villeroy de Galhau to head the central bank. In a 2019 article for the Financial Times'', Trichet publicly hit back against some of his former colleagues at the European Central Bank – including Jürgen Stark and Otmar Issing, who both worked as ECB chief economist under Trichet’s presidency –, calling them "misguided" in their criticism of the loose monetary policy pursued by his successor as president Mario Draghi.
Jean Claude Trichet (ʒɑ̃ klod tʁiʃɛ; born 20 December 1942) is a French economist who was President of the European Central Bank from 2004 to 2011. Previous to his assumption of the presidency he was Governor of the Bank of France from 1993 to 2004. After stepping down from the European Central Bank, Trichet has taken speaking arrangements across France and was on the board of directors of the Bank for International Settlements. He was asked to join the non doctrinal think tank, Bruegel, to consult on economic policy. In 2008, Trichet ranked fifth on Newsweek'''s list of the world's most powerful along with economic triumvirs Ben Bernanke (fourth) and Masaaki Shirakawa (sixth). Early life and education
Trichet was born in 1942 in Lyon, the son of a professor of Greek and Latin. He was educated at the École des Mines de Nancy, from which he graduated in 1964. He later earned a master's degree in economics from the University of Paris and then trained at the Institut d'études politiques de Paris (best known as Sciences Po), finishing in 1966, and the École nationale d'administration (ENA) from 1969–1971, two French higher education institutions in the field of political science and state administration. Career
Career in the public sector
From 1987, Trichet was head of the Trésor public. In this capacity, he also chaired the Paris Club of creditor nations in the mid 1980s and was closely involved in debt problems that struck Latin America, Africa and the Middle East. He also became a member of Washington based financial advisory body, the Group of Thirty. Soon after taking office at Trésor, Trichet oversaw the change to an anti inflationary franc fort (strong franc) policy, to pave the way for currency union with Germany. In 1993, he led Trésor’s move to grant the Bank of France independence to set its own interest rates. In 1993, Trichet was appointed governor of Banque de France. Both as director of the French Treasury and then governor of the Banque de France, he was widely seen as one of the architects of the European monetary union. By 1997, Prime Minister Lionel Jospin and President Jacques Chirac proposed Trichet as France’s candidate for the position as president of the European Central Bank; this way they opposed Wim Duisenberg, the candidate preferred by the majority of the Eurozone members. Under a compromise laid out by German Finance Minister Theo Waigel, Duisenberg would resign midway through his eight year term to make way for Trichet. On 1 November 2003 he succeeded Wim Duisenberg. During his time in office, Trichet oversaw the ECB’s response to the European debt crisis, including its Securities Markets Programme to stem the crisis in eurozone government bond markets. In 2011, ECB board member Jürgen Stark resigned in what was widely seen as a protest against this policy. Career in the private sector
On 28 January 2012, the board of the European Aeronautic Defence and Space Company approved Trichet’s nomination to the Board, where he represented (with Dominique d’Hinnin of the Lagardère Group) the French state’s holding company SOGEADE. Trichet succeeded Mario Monti as chairman of the European branch of the Trilateral Commission in 2012. Trichet was a member of the Eminent Persons Group on Global Financial Governance, which was established by the G20 Finance Ministers and Central Bank Governors for the period from 2017 to 2018. In early 2021, Trichet was appointed by the G20 to the High Level Independent Panel (HLIP) on financing the global commons for pandemic preparedness and response, co chaired by Ngozi Okonjo Iweala, Tharman Shanmugaratnam and Lawrence Summers. Other activities
International organizations
European Central Bank, Chair of the Ethics Committee (2016–2019)
European Systemic Risk Board (ESRB), Chair (2010–2011)
Corporate boards
PIMCO, Member of the Global Advisory Board (since 2015)
Non profit organizations
Bretton Woods Committee, Member of the Advisory Council (since 2020)
Scope Foundation, Member of the Honorary Board (since 2020)
Center for Economic and Policy Research (CEPR), Distinguished Fellow (since 2019)
Bruegel, Chairman of the Board (since 2012)
Bilderberg Group, Member of the Steering Committee
European Horizons, Advisor
Complexity Research Initiative for Systemic Instabilities (CRISIS), Member of the Advisory Board
Institute for Law and Finance at the Goethe University Frankfurt, Member of the Academic Advisory Board
Systemic Risk Council (SRC), Senior Advisor
Political positions
At the height of the euro crisis, Trichet publicly criticized President Nicolas Sarkozy and Chancellor Angela Merkel, who had agreed at a meeting in Deauville in 2010 that sovereign debt could be restructured in a bailout to make private investors pay their share; the plan was never implemented. At the ceremony for the Charlemagne Prize in 2011, Trichet called for the creation of a central finance ministry to oversee spending by countries that use the euro. On 5 August 2011 Trichet wrote, together with Mario Draghi, a letter to the Italian government to push for a series of economic measures that would soon be implemented in Italy. In 2015, Trichet joined forces with two other former governors of the Bank of France – Michel Camdessus and Jacques de Larosière – in publicly supporting President François Hollande’s appointment of François Villeroy de Galhau to head the central bank. In a 2019 article for the Financial Times'', Trichet publicly hit back against some of his former colleagues at the European Central Bank – including Jürgen Stark and Otmar Issing, who both worked as ECB chief economist under Trichet’s presidency –, calling them "misguided" in their criticism of the loose monetary policy pursued by his successor as president Mario Draghi.
* Бреттон Вудс комитеті, консультативтік кеңестің мүшесі (2020 жылдан бері)
* Scope Foundation, Құрметті кеңестің мүшесі (2020 жылдан бері)
* Экономикалық және саяси зерттеулер орталығы (CEPR), Ерекше ғылыми қызметкер (2019 жылдан бері)
* Брюгель, Басқарма төрағасы (2012 жылдан бері)
* Билдерберг тобы, Басқару комитетінің мүшесі
* Еуропалық көкөрістер, Кеңесші
* Күрделілік зерттеу бастамасы жүйелік тұрақсыздықтар үшін (CRISIS), Кеңесші кеңесінің мүшесі
* Гете Франкфурт университетінің құқық және қаржы институты, Академиялық кеңесші кеңесінің мүшесі
* Жүйелік тәуекел кеңесі (SRC), Аға кеңесші
French economist
Jean Claude Trichet (ʒɑ̃ klod tʁiʃɛ; born 20 December 1942) is a French economist who was President of the European Central Bank from 2004 to 2011. Previous to his assumption of the presidency he was Governor of the Bank of France from 1993 to 2004. After stepping down from the European Central Bank, Trichet has taken speaking arrangements across France and was on the board of directors of the Bank for International Settlements. He was asked to join the non doctrinal think tank, Bruegel, to consult on economic policy. In 2008, Trichet ranked fifth on Newsweek'''s list of the world's most powerful along with economic triumvirs Ben Bernanke (fourth) and Masaaki Shirakawa (sixth). Early life and education
Trichet was born in 1942 in Lyon, the son of a professor of Greek and Latin. He was educated at the École des Mines de Nancy, from which he graduated in 1964. He later earned a master's degree in economics from the University of Paris and then trained at the Institut d'études politiques de Paris (best known as Sciences Po), finishing in 1966, and the École nationale d'administration (ENA) from 1969–1971, two French higher education institutions in the field of political science and state administration. Career
Career in the public sector
From 1987, Trichet was head of the Trésor public. In this capacity, he also chaired the Paris Club of creditor nations in the mid 1980s and was closely involved in debt problems that struck Latin America, Africa and the Middle East. He also became a member of Washington based financial advisory body, the Group of Thirty. Soon after taking office at Trésor, Trichet oversaw the change to an anti inflationary franc fort (strong franc) policy, to pave the way for currency union with Germany. In 1993, he led Trésor’s move to grant the Bank of France independence to set its own interest rates. In 1993, Trichet was appointed governor of Banque de France. Both as director of the French Treasury and then governor of the Banque de France, he was widely seen as one of the architects of the European monetary union. By 1997, Prime Minister Lionel Jospin and President Jacques Chirac proposed Trichet as France’s candidate for the position as president of the European Central Bank; this way they opposed Wim Duisenberg, the candidate preferred by the majority of the Eurozone members. Under a compromise laid out by German Finance Minister Theo Waigel, Duisenberg would resign midway through his eight year term to make way for Trichet. On 1 November 2003 he succeeded Wim Duisenberg. During his time in office, Trichet oversaw the ECB’s response to the European debt crisis, including its Securities Markets Programme to stem the crisis in eurozone government bond markets. In 2011, ECB board member Jürgen Stark resigned in what was widely seen as a protest against this policy. Career in the private sector
On 28 January 2012, the board of the European Aeronautic Defence and Space Company approved Trichet’s nomination to the Board, where he represented (with Dominique d’Hinnin of the Lagardère Group) the French state’s holding company SOGEADE. Trichet succeeded Mario Monti as chairman of the European branch of the Trilateral Commission in 2012. Trichet was a member of the Eminent Persons Group on Global Financial Governance, which was established by the G20 Finance Ministers and Central Bank Governors for the period from 2017 to 2018. In early 2021, Trichet was appointed by the G20 to the High Level Independent Panel (HLIP) on financing the global commons for pandemic preparedness and response, co chaired by Ngozi Okonjo Iweala, Tharman Shanmugaratnam and Lawrence Summers. Other activities
International organizations
European Central Bank, Chair of the Ethics Committee (2016–2019)
European Systemic Risk Board (ESRB), Chair (2010–2011)
Corporate boards
PIMCO, Member of the Global Advisory Board (since 2015)
Non profit organizations
Bretton Woods Committee, Member of the Advisory Council (since 2020)
Scope Foundation, Member of the Honorary Board (since 2020)
Center for Economic and Policy Research (CEPR), Distinguished Fellow (since 2019)
Bruegel, Chairman of the Board (since 2012)
Bilderberg Group, Member of the Steering Committee
European Horizons, Advisor
Complexity Research Initiative for Systemic Instabilities (CRISIS), Member of the Advisory Board
Institute for Law and Finance at the Goethe University Frankfurt, Member of the Academic Advisory Board
Systemic Risk Council (SRC), Senior Advisor
Political positions
At the height of the euro crisis, Trichet publicly criticized President Nicolas Sarkozy and Chancellor Angela Merkel, who had agreed at a meeting in Deauville in 2010 that sovereign debt could be restructured in a bailout to make private investors pay their share; the plan was never implemented. At the ceremony for the Charlemagne Prize in 2011, Trichet called for the creation of a central finance ministry to oversee spending by countries that use the euro. On 5 August 2011 Trichet wrote, together with Mario Draghi, a letter to the Italian government to push for a series of economic measures that would soon be implemented in Italy. In 2015, Trichet joined forces with two other former governors of the Bank of France – Michel Camdessus and Jacques de Larosière – in publicly supporting President François Hollande’s appointment of François Villeroy de Galhau to head the central bank. In a 2019 article for the Financial Times'', Trichet publicly hit back against some of his former colleagues at the European Central Bank – including Jürgen Stark and Otmar Issing, who both worked as ECB chief economist under Trichet’s presidency –, calling them "misguided" in their criticism of the loose monetary policy pursued by his successor as president Mario Draghi.
Jean Claude Trichet (ʒɑ̃ klod tʁiʃɛ; born 20 December 1942) is a French economist who was President of the European Central Bank from 2004 to 2011. Previous to his assumption of the presidency he was Governor of the Bank of France from 1993 to 2004. After stepping down from the European Central Bank, Trichet has taken speaking arrangements across France and was on the board of directors of the Bank for International Settlements. He was asked to join the non doctrinal think tank, Bruegel, to consult on economic policy. In 2008, Trichet ranked fifth on Newsweek'''s list of the world's most powerful along with economic triumvirs Ben Bernanke (fourth) and Masaaki Shirakawa (sixth). Early life and education
Trichet was born in 1942 in Lyon, the son of a professor of Greek and Latin. He was educated at the École des Mines de Nancy, from which he graduated in 1964. He later earned a master's degree in economics from the University of Paris and then trained at the Institut d'études politiques de Paris (best known as Sciences Po), finishing in 1966, and the École nationale d'administration (ENA) from 1969–1971, two French higher education institutions in the field of political science and state administration. Career
Career in the public sector
From 1987, Trichet was head of the Trésor public. In this capacity, he also chaired the Paris Club of creditor nations in the mid 1980s and was closely involved in debt problems that struck Latin America, Africa and the Middle East. He also became a member of Washington based financial advisory body, the Group of Thirty. Soon after taking office at Trésor, Trichet oversaw the change to an anti inflationary franc fort (strong franc) policy, to pave the way for currency union with Germany. In 1993, he led Trésor’s move to grant the Bank of France independence to set its own interest rates. In 1993, Trichet was appointed governor of Banque de France. Both as director of the French Treasury and then governor of the Banque de France, he was widely seen as one of the architects of the European monetary union. By 1997, Prime Minister Lionel Jospin and President Jacques Chirac proposed Trichet as France’s candidate for the position as president of the European Central Bank; this way they opposed Wim Duisenberg, the candidate preferred by the majority of the Eurozone members. Under a compromise laid out by German Finance Minister Theo Waigel, Duisenberg would resign midway through his eight year term to make way for Trichet. On 1 November 2003 he succeeded Wim Duisenberg. During his time in office, Trichet oversaw the ECB’s response to the European debt crisis, including its Securities Markets Programme to stem the crisis in eurozone government bond markets. In 2011, ECB board member Jürgen Stark resigned in what was widely seen as a protest against this policy. Career in the private sector
On 28 January 2012, the board of the European Aeronautic Defence and Space Company approved Trichet’s nomination to the Board, where he represented (with Dominique d’Hinnin of the Lagardère Group) the French state’s holding company SOGEADE. Trichet succeeded Mario Monti as chairman of the European branch of the Trilateral Commission in 2012. Trichet was a member of the Eminent Persons Group on Global Financial Governance, which was established by the G20 Finance Ministers and Central Bank Governors for the period from 2017 to 2018. In early 2021, Trichet was appointed by the G20 to the High Level Independent Panel (HLIP) on financing the global commons for pandemic preparedness and response, co chaired by Ngozi Okonjo Iweala, Tharman Shanmugaratnam and Lawrence Summers. Other activities
International organizations
European Central Bank, Chair of the Ethics Committee (2016–2019)
European Systemic Risk Board (ESRB), Chair (2010–2011)
Corporate boards
PIMCO, Member of the Global Advisory Board (since 2015)
Non profit organizations
Bretton Woods Committee, Member of the Advisory Council (since 2020)
Scope Foundation, Member of the Honorary Board (since 2020)
Center for Economic and Policy Research (CEPR), Distinguished Fellow (since 2019)
Bruegel, Chairman of the Board (since 2012)
Bilderberg Group, Member of the Steering Committee
European Horizons, Advisor
Complexity Research Initiative for Systemic Instabilities (CRISIS), Member of the Advisory Board
Institute for Law and Finance at the Goethe University Frankfurt, Member of the Academic Advisory Board
Systemic Risk Council (SRC), Senior Advisor
Political positions
At the height of the euro crisis, Trichet publicly criticized President Nicolas Sarkozy and Chancellor Angela Merkel, who had agreed at a meeting in Deauville in 2010 that sovereign debt could be restructured in a bailout to make private investors pay their share; the plan was never implemented. At the ceremony for the Charlemagne Prize in 2011, Trichet called for the creation of a central finance ministry to oversee spending by countries that use the euro. On 5 August 2011 Trichet wrote, together with Mario Draghi, a letter to the Italian government to push for a series of economic measures that would soon be implemented in Italy. In 2015, Trichet joined forces with two other former governors of the Bank of France – Michel Camdessus and Jacques de Larosière – in publicly supporting President François Hollande’s appointment of François Villeroy de Galhau to head the central bank. In a 2019 article for the Financial Times'', Trichet publicly hit back against some of his former colleagues at the European Central Bank – including Jürgen Stark and Otmar Issing, who both worked as ECB chief economist under Trichet’s presidency –, calling them "misguided" in their criticism of the loose monetary policy pursued by his successor as president Mario Draghi.
**Саяси ұстанымдары**
French economist
Jean Claude Trichet (ʒɑ̃ klod tʁiʃɛ; born 20 December 1942) is a French economist who was President of the European Central Bank from 2004 to 2011. Previous to his assumption of the presidency he was Governor of the Bank of France from 1993 to 2004. After stepping down from the European Central Bank, Trichet has taken speaking arrangements across France and was on the board of directors of the Bank for International Settlements. He was asked to join the non doctrinal think tank, Bruegel, to consult on economic policy. In 2008, Trichet ranked fifth on Newsweek'''s list of the world's most powerful along with economic triumvirs Ben Bernanke (fourth) and Masaaki Shirakawa (sixth). Early life and education
Trichet was born in 1942 in Lyon, the son of a professor of Greek and Latin. He was educated at the École des Mines de Nancy, from which he graduated in 1964. He later earned a master's degree in economics from the University of Paris and then trained at the Institut d'études politiques de Paris (best known as Sciences Po), finishing in 1966, and the École nationale d'administration (ENA) from 1969–1971, two French higher education institutions in the field of political science and state administration. Career
Career in the public sector
From 1987, Trichet was head of the Trésor public. In this capacity, he also chaired the Paris Club of creditor nations in the mid 1980s and was closely involved in debt problems that struck Latin America, Africa and the Middle East. He also became a member of Washington based financial advisory body, the Group of Thirty. Soon after taking office at Trésor, Trichet oversaw the change to an anti inflationary franc fort (strong franc) policy, to pave the way for currency union with Germany. In 1993, he led Trésor’s move to grant the Bank of France independence to set its own interest rates. In 1993, Trichet was appointed governor of Banque de France. Both as director of the French Treasury and then governor of the Banque de France, he was widely seen as one of the architects of the European monetary union. By 1997, Prime Minister Lionel Jospin and President Jacques Chirac proposed Trichet as France’s candidate for the position as president of the European Central Bank; this way they opposed Wim Duisenberg, the candidate preferred by the majority of the Eurozone members. Under a compromise laid out by German Finance Minister Theo Waigel, Duisenberg would resign midway through his eight year term to make way for Trichet. On 1 November 2003 he succeeded Wim Duisenberg. During his time in office, Trichet oversaw the ECB’s response to the European debt crisis, including its Securities Markets Programme to stem the crisis in eurozone government bond markets. In 2011, ECB board member Jürgen Stark resigned in what was widely seen as a protest against this policy. Career in the private sector
On 28 January 2012, the board of the European Aeronautic Defence and Space Company approved Trichet’s nomination to the Board, where he represented (with Dominique d’Hinnin of the Lagardère Group) the French state’s holding company SOGEADE. Trichet succeeded Mario Monti as chairman of the European branch of the Trilateral Commission in 2012. Trichet was a member of the Eminent Persons Group on Global Financial Governance, which was established by the G20 Finance Ministers and Central Bank Governors for the period from 2017 to 2018. In early 2021, Trichet was appointed by the G20 to the High Level Independent Panel (HLIP) on financing the global commons for pandemic preparedness and response, co chaired by Ngozi Okonjo Iweala, Tharman Shanmugaratnam and Lawrence Summers. Other activities
International organizations
European Central Bank, Chair of the Ethics Committee (2016–2019)
European Systemic Risk Board (ESRB), Chair (2010–2011)
Corporate boards
PIMCO, Member of the Global Advisory Board (since 2015)
Non profit organizations
Bretton Woods Committee, Member of the Advisory Council (since 2020)
Scope Foundation, Member of the Honorary Board (since 2020)
Center for Economic and Policy Research (CEPR), Distinguished Fellow (since 2019)
Bruegel, Chairman of the Board (since 2012)
Bilderberg Group, Member of the Steering Committee
European Horizons, Advisor
Complexity Research Initiative for Systemic Instabilities (CRISIS), Member of the Advisory Board
Institute for Law and Finance at the Goethe University Frankfurt, Member of the Academic Advisory Board
Systemic Risk Council (SRC), Senior Advisor
Political positions
At the height of the euro crisis, Trichet publicly criticized President Nicolas Sarkozy and Chancellor Angela Merkel, who had agreed at a meeting in Deauville in 2010 that sovereign debt could be restructured in a bailout to make private investors pay their share; the plan was never implemented. At the ceremony for the Charlemagne Prize in 2011, Trichet called for the creation of a central finance ministry to oversee spending by countries that use the euro. On 5 August 2011 Trichet wrote, together with Mario Draghi, a letter to the Italian government to push for a series of economic measures that would soon be implemented in Italy. In 2015, Trichet joined forces with two other former governors of the Bank of France – Michel Camdessus and Jacques de Larosière – in publicly supporting President François Hollande’s appointment of François Villeroy de Galhau to head the central bank. In a 2019 article for the Financial Times'', Trichet publicly hit back against some of his former colleagues at the European Central Bank – including Jürgen Stark and Otmar Issing, who both worked as ECB chief economist under Trichet’s presidency –, calling them "misguided" in their criticism of the loose monetary policy pursued by his successor as president Mario Draghi.
Jean Claude Trichet (ʒɑ̃ klod tʁiʃɛ; born 20 December 1942) is a French economist who was President of the European Central Bank from 2004 to 2011. Previous to his assumption of the presidency he was Governor of the Bank of France from 1993 to 2004. After stepping down from the European Central Bank, Trichet has taken speaking arrangements across France and was on the board of directors of the Bank for International Settlements. He was asked to join the non doctrinal think tank, Bruegel, to consult on economic policy. In 2008, Trichet ranked fifth on Newsweek'''s list of the world's most powerful along with economic triumvirs Ben Bernanke (fourth) and Masaaki Shirakawa (sixth). Early life and education
Trichet was born in 1942 in Lyon, the son of a professor of Greek and Latin. He was educated at the École des Mines de Nancy, from which he graduated in 1964. He later earned a master's degree in economics from the University of Paris and then trained at the Institut d'études politiques de Paris (best known as Sciences Po), finishing in 1966, and the École nationale d'administration (ENA) from 1969–1971, two French higher education institutions in the field of political science and state administration. Career
Career in the public sector
From 1987, Trichet was head of the Trésor public. In this capacity, he also chaired the Paris Club of creditor nations in the mid 1980s and was closely involved in debt problems that struck Latin America, Africa and the Middle East. He also became a member of Washington based financial advisory body, the Group of Thirty. Soon after taking office at Trésor, Trichet oversaw the change to an anti inflationary franc fort (strong franc) policy, to pave the way for currency union with Germany. In 1993, he led Trésor’s move to grant the Bank of France independence to set its own interest rates. In 1993, Trichet was appointed governor of Banque de France. Both as director of the French Treasury and then governor of the Banque de France, he was widely seen as one of the architects of the European monetary union. By 1997, Prime Minister Lionel Jospin and President Jacques Chirac proposed Trichet as France’s candidate for the position as president of the European Central Bank; this way they opposed Wim Duisenberg, the candidate preferred by the majority of the Eurozone members. Under a compromise laid out by German Finance Minister Theo Waigel, Duisenberg would resign midway through his eight year term to make way for Trichet. On 1 November 2003 he succeeded Wim Duisenberg. During his time in office, Trichet oversaw the ECB’s response to the European debt crisis, including its Securities Markets Programme to stem the crisis in eurozone government bond markets. In 2011, ECB board member Jürgen Stark resigned in what was widely seen as a protest against this policy. Career in the private sector
On 28 January 2012, the board of the European Aeronautic Defence and Space Company approved Trichet’s nomination to the Board, where he represented (with Dominique d’Hinnin of the Lagardère Group) the French state’s holding company SOGEADE. Trichet succeeded Mario Monti as chairman of the European branch of the Trilateral Commission in 2012. Trichet was a member of the Eminent Persons Group on Global Financial Governance, which was established by the G20 Finance Ministers and Central Bank Governors for the period from 2017 to 2018. In early 2021, Trichet was appointed by the G20 to the High Level Independent Panel (HLIP) on financing the global commons for pandemic preparedness and response, co chaired by Ngozi Okonjo Iweala, Tharman Shanmugaratnam and Lawrence Summers. Other activities
International organizations
European Central Bank, Chair of the Ethics Committee (2016–2019)
European Systemic Risk Board (ESRB), Chair (2010–2011)
Corporate boards
PIMCO, Member of the Global Advisory Board (since 2015)
Non profit organizations
Bretton Woods Committee, Member of the Advisory Council (since 2020)
Scope Foundation, Member of the Honorary Board (since 2020)
Center for Economic and Policy Research (CEPR), Distinguished Fellow (since 2019)
Bruegel, Chairman of the Board (since 2012)
Bilderberg Group, Member of the Steering Committee
European Horizons, Advisor
Complexity Research Initiative for Systemic Instabilities (CRISIS), Member of the Advisory Board
Institute for Law and Finance at the Goethe University Frankfurt, Member of the Academic Advisory Board
Systemic Risk Council (SRC), Senior Advisor
Political positions
At the height of the euro crisis, Trichet publicly criticized President Nicolas Sarkozy and Chancellor Angela Merkel, who had agreed at a meeting in Deauville in 2010 that sovereign debt could be restructured in a bailout to make private investors pay their share; the plan was never implemented. At the ceremony for the Charlemagne Prize in 2011, Trichet called for the creation of a central finance ministry to oversee spending by countries that use the euro. On 5 August 2011 Trichet wrote, together with Mario Draghi, a letter to the Italian government to push for a series of economic measures that would soon be implemented in Italy. In 2015, Trichet joined forces with two other former governors of the Bank of France – Michel Camdessus and Jacques de Larosière – in publicly supporting President François Hollande’s appointment of François Villeroy de Galhau to head the central bank. In a 2019 article for the Financial Times'', Trichet publicly hit back against some of his former colleagues at the European Central Bank – including Jürgen Stark and Otmar Issing, who both worked as ECB chief economist under Trichet’s presidency –, calling them "misguided" in their criticism of the loose monetary policy pursued by his successor as president Mario Draghi.
Еуро дағдарысының шыңында Трише президент Николя Саркози мен канцлер Ангела Меркельді, олар 2010 жылы Довильде өткен кездесуде мемлекеттік борыштартық құрылымдалуы жеке инвесторлардың үлесін төлеуге мүмкіндік беретіні туралы келісімге келгенін ауызша сынады; бұл жоспар ешқашан іске аспады. 2011 жылы Шарлемань сыйлығының салтанатында Трише еуро аймағын пайдаланатын елдердің шығыстарын бақылау үшін орталық қаржы министрлігін құруға шақырды. 2011 жылдың 5 тамызында Трише Марио Драгимен бірге Италия үкіметіне Италияда жақын арада іске асырылатын бірқатар экономикалық шараларды қабылдауға итермелеу үшін хат жазды. 2015 жылы Трише Франция Банкінің бұрынғы губернаторлары Мишель Камдессу мен Жак де Ларозьермен бірге президент Франсуа Олландтың Франсуа Виллеруа де Галоны орталық банк басшысы етіп тағайындауын қолдады. 2019 жылы Financial Times газетінде жарияланған мақаласында Трише Еуропалық Орталық Банктің бұрынғы әріптестеріне – Тришенің президенттігі кезінде ЕОБ бас экономисі қызметін атқарған Юрген Старк пен Отмар Иссингке қарсы сынға ұшырады, оларды Марио Драги президенттігінде жүргізілген жұмсақ монетарлық саясатқа сын көзбен қарағаны үшін «адасқан» деп атады.
French economist
Jean Claude Trichet (ʒɑ̃ klod tʁiʃɛ; born 20 December 1942) is a French economist who was President of the European Central Bank from 2004 to 2011. Previous to his assumption of the presidency he was Governor of the Bank of France from 1993 to 2004. After stepping down from the European Central Bank, Trichet has taken speaking arrangements across France and was on the board of directors of the Bank for International Settlements. He was asked to join the non doctrinal think tank, Bruegel, to consult on economic policy. In 2008, Trichet ranked fifth on Newsweek'''s list of the world's most powerful along with economic triumvirs Ben Bernanke (fourth) and Masaaki Shirakawa (sixth). Early life and education
Trichet was born in 1942 in Lyon, the son of a professor of Greek and Latin. He was educated at the École des Mines de Nancy, from which he graduated in 1964. He later earned a master's degree in economics from the University of Paris and then trained at the Institut d'études politiques de Paris (best known as Sciences Po), finishing in 1966, and the École nationale d'administration (ENA) from 1969–1971, two French higher education institutions in the field of political science and state administration. Career
Career in the public sector
From 1987, Trichet was head of the Trésor public. In this capacity, he also chaired the Paris Club of creditor nations in the mid 1980s and was closely involved in debt problems that struck Latin America, Africa and the Middle East. He also became a member of Washington based financial advisory body, the Group of Thirty. Soon after taking office at Trésor, Trichet oversaw the change to an anti inflationary franc fort (strong franc) policy, to pave the way for currency union with Germany. In 1993, he led Trésor’s move to grant the Bank of France independence to set its own interest rates. In 1993, Trichet was appointed governor of Banque de France. Both as director of the French Treasury and then governor of the Banque de France, he was widely seen as one of the architects of the European monetary union. By 1997, Prime Minister Lionel Jospin and President Jacques Chirac proposed Trichet as France’s candidate for the position as president of the European Central Bank; this way they opposed Wim Duisenberg, the candidate preferred by the majority of the Eurozone members. Under a compromise laid out by German Finance Minister Theo Waigel, Duisenberg would resign midway through his eight year term to make way for Trichet. On 1 November 2003 he succeeded Wim Duisenberg. During his time in office, Trichet oversaw the ECB’s response to the European debt crisis, including its Securities Markets Programme to stem the crisis in eurozone government bond markets. In 2011, ECB board member Jürgen Stark resigned in what was widely seen as a protest against this policy. Career in the private sector
On 28 January 2012, the board of the European Aeronautic Defence and Space Company approved Trichet’s nomination to the Board, where he represented (with Dominique d’Hinnin of the Lagardère Group) the French state’s holding company SOGEADE. Trichet succeeded Mario Monti as chairman of the European branch of the Trilateral Commission in 2012. Trichet was a member of the Eminent Persons Group on Global Financial Governance, which was established by the G20 Finance Ministers and Central Bank Governors for the period from 2017 to 2018. In early 2021, Trichet was appointed by the G20 to the High Level Independent Panel (HLIP) on financing the global commons for pandemic preparedness and response, co chaired by Ngozi Okonjo Iweala, Tharman Shanmugaratnam and Lawrence Summers. Other activities
International organizations
European Central Bank, Chair of the Ethics Committee (2016–2019)
European Systemic Risk Board (ESRB), Chair (2010–2011)
Corporate boards
PIMCO, Member of the Global Advisory Board (since 2015)
Non profit organizations
Bretton Woods Committee, Member of the Advisory Council (since 2020)
Scope Foundation, Member of the Honorary Board (since 2020)
Center for Economic and Policy Research (CEPR), Distinguished Fellow (since 2019)
Bruegel, Chairman of the Board (since 2012)
Bilderberg Group, Member of the Steering Committee
European Horizons, Advisor
Complexity Research Initiative for Systemic Instabilities (CRISIS), Member of the Advisory Board
Institute for Law and Finance at the Goethe University Frankfurt, Member of the Academic Advisory Board
Systemic Risk Council (SRC), Senior Advisor
Political positions
At the height of the euro crisis, Trichet publicly criticized President Nicolas Sarkozy and Chancellor Angela Merkel, who had agreed at a meeting in Deauville in 2010 that sovereign debt could be restructured in a bailout to make private investors pay their share; the plan was never implemented. At the ceremony for the Charlemagne Prize in 2011, Trichet called for the creation of a central finance ministry to oversee spending by countries that use the euro. On 5 August 2011 Trichet wrote, together with Mario Draghi, a letter to the Italian government to push for a series of economic measures that would soon be implemented in Italy. In 2015, Trichet joined forces with two other former governors of the Bank of France – Michel Camdessus and Jacques de Larosière – in publicly supporting President François Hollande’s appointment of François Villeroy de Galhau to head the central bank. In a 2019 article for the Financial Times'', Trichet publicly hit back against some of his former colleagues at the European Central Bank – including Jürgen Stark and Otmar Issing, who both worked as ECB chief economist under Trichet’s presidency –, calling them "misguided" in their criticism of the loose monetary policy pursued by his successor as president Mario Draghi.
Jean Claude Trichet (ʒɑ̃ klod tʁiʃɛ; born 20 December 1942) is a French economist who was President of the European Central Bank from 2004 to 2011. Previous to his assumption of the presidency he was Governor of the Bank of France from 1993 to 2004. After stepping down from the European Central Bank, Trichet has taken speaking arrangements across France and was on the board of directors of the Bank for International Settlements. He was asked to join the non doctrinal think tank, Bruegel, to consult on economic policy. In 2008, Trichet ranked fifth on Newsweek'''s list of the world's most powerful along with economic triumvirs Ben Bernanke (fourth) and Masaaki Shirakawa (sixth). Early life and education
Trichet was born in 1942 in Lyon, the son of a professor of Greek and Latin. He was educated at the École des Mines de Nancy, from which he graduated in 1964. He later earned a master's degree in economics from the University of Paris and then trained at the Institut d'études politiques de Paris (best known as Sciences Po), finishing in 1966, and the École nationale d'administration (ENA) from 1969–1971, two French higher education institutions in the field of political science and state administration. Career
Career in the public sector
From 1987, Trichet was head of the Trésor public. In this capacity, he also chaired the Paris Club of creditor nations in the mid 1980s and was closely involved in debt problems that struck Latin America, Africa and the Middle East. He also became a member of Washington based financial advisory body, the Group of Thirty. Soon after taking office at Trésor, Trichet oversaw the change to an anti inflationary franc fort (strong franc) policy, to pave the way for currency union with Germany. In 1993, he led Trésor’s move to grant the Bank of France independence to set its own interest rates. In 1993, Trichet was appointed governor of Banque de France. Both as director of the French Treasury and then governor of the Banque de France, he was widely seen as one of the architects of the European monetary union. By 1997, Prime Minister Lionel Jospin and President Jacques Chirac proposed Trichet as France’s candidate for the position as president of the European Central Bank; this way they opposed Wim Duisenberg, the candidate preferred by the majority of the Eurozone members. Under a compromise laid out by German Finance Minister Theo Waigel, Duisenberg would resign midway through his eight year term to make way for Trichet. On 1 November 2003 he succeeded Wim Duisenberg. During his time in office, Trichet oversaw the ECB’s response to the European debt crisis, including its Securities Markets Programme to stem the crisis in eurozone government bond markets. In 2011, ECB board member Jürgen Stark resigned in what was widely seen as a protest against this policy. Career in the private sector
On 28 January 2012, the board of the European Aeronautic Defence and Space Company approved Trichet’s nomination to the Board, where he represented (with Dominique d’Hinnin of the Lagardère Group) the French state’s holding company SOGEADE. Trichet succeeded Mario Monti as chairman of the European branch of the Trilateral Commission in 2012. Trichet was a member of the Eminent Persons Group on Global Financial Governance, which was established by the G20 Finance Ministers and Central Bank Governors for the period from 2017 to 2018. In early 2021, Trichet was appointed by the G20 to the High Level Independent Panel (HLIP) on financing the global commons for pandemic preparedness and response, co chaired by Ngozi Okonjo Iweala, Tharman Shanmugaratnam and Lawrence Summers. Other activities
International organizations
European Central Bank, Chair of the Ethics Committee (2016–2019)
European Systemic Risk Board (ESRB), Chair (2010–2011)
Corporate boards
PIMCO, Member of the Global Advisory Board (since 2015)
Non profit organizations
Bretton Woods Committee, Member of the Advisory Council (since 2020)
Scope Foundation, Member of the Honorary Board (since 2020)
Center for Economic and Policy Research (CEPR), Distinguished Fellow (since 2019)
Bruegel, Chairman of the Board (since 2012)
Bilderberg Group, Member of the Steering Committee
European Horizons, Advisor
Complexity Research Initiative for Systemic Instabilities (CRISIS), Member of the Advisory Board
Institute for Law and Finance at the Goethe University Frankfurt, Member of the Academic Advisory Board
Systemic Risk Council (SRC), Senior Advisor
Political positions
At the height of the euro crisis, Trichet publicly criticized President Nicolas Sarkozy and Chancellor Angela Merkel, who had agreed at a meeting in Deauville in 2010 that sovereign debt could be restructured in a bailout to make private investors pay their share; the plan was never implemented. At the ceremony for the Charlemagne Prize in 2011, Trichet called for the creation of a central finance ministry to oversee spending by countries that use the euro. On 5 August 2011 Trichet wrote, together with Mario Draghi, a letter to the Italian government to push for a series of economic measures that would soon be implemented in Italy. In 2015, Trichet joined forces with two other former governors of the Bank of France – Michel Camdessus and Jacques de Larosière – in publicly supporting President François Hollande’s appointment of François Villeroy de Galhau to head the central bank. In a 2019 article for the Financial Times'', Trichet publicly hit back against some of his former colleagues at the European Central Bank – including Jürgen Stark and Otmar Issing, who both worked as ECB chief economist under Trichet’s presidency –, calling them "misguided" in their criticism of the loose monetary policy pursued by his successor as president Mario Draghi.
Crédit Lyonnais скандалы
2003 жылдың қаңтар айында Трише Францияның ірі банктерінің бірі – «Кредит Лионь» банкіндегі тәртіп бұзушылықтар бойынша сегіз адаммен бірге сотқа тартылды. Ол кезде Трише француз қазынасының басшысы болған. 2003 жылдың маусымында ол кінәсіз деп танылды, соның арқасында Еуропалық Орталық Банкке (ЕОБ) өтуге мүмкіндік алды. Парламенттік тергеу Тришенің, басқа мемлекеттік қызметкерлердің және сол қиын кезеңде қызмет еткен үш қаржы министрінің ешқандай заңбұзушылық жасағандығын растамады.
In January 2003, Trichet was put on trial with eight others charged with irregularities at Crédit Lyonnais, one of France's biggest banks. Trichet was in charge of the French treasury at that time. He was cleared in June 2003, which left the way clear for him to move to the ECB. A parliamentary inquiry found no wrong doing by Trichet, other civil servants or the three finance ministers in office during the critical period.
2009 жылғы банктік дағдарыс
Еуропалық Орталық банкте Трише Грекияның қарызы бойынша төлемдерді тоқтату мүмкіндігін тіпті ойлауға да қарсылық көрсетті. Тек 2011 жылдың қазан айында, оның қызмет мерзімі аяқталуға жақын келгенде, грек облигацияларының құнын 50%-ға төмендетуге келісімге қол жеткізілді.
Within the European Central Bank, Trichet strongly resisted any contemplation of Greece defaulting on its debt. It was only in October 2011, with the end of his term imminent, that consensus was reached to allow a 50% cut in the value of Greek bonds.
Hypo Alpe Adria компаниясын құтқару
2015 жылы Австрия парламенті тарапынан жүргізілген және банкрот болған "Hypo Alpe Adria" банкіне қатысты тергеу аясында, сол кездегі оппозициялық партия NEOS Тришетті 200 адамның ішінде сұраққа тартылуы тиіс деп атады. Австрия 2009 жылдың соңында "BayernLB" банкінен "Hypo Alpe Adria" банкін сатып алған кезде Трише осы мәмілені қолдауға тырысты. Трише Ұлы дағдарысқа Еуропалық Орталық Банктің (ЕОБ) жауабы үшін сынға ұшырады, онда қалпына келтіру мен өсуден гөрі баға тұрақтылығына басымдық берілді. Ол сондай-ақ ЕОБ басшысы лауазымына тағайындалғанша "Goldman Sachs" компаниясындағы қатысы туралы мүдделер қақтығысы жөніндегі сұраққа жауап беруден бас тартқандығы үшін де сынға ұшырады.
As part of a 2015 investigation launched by Austria’s parliament into defunct lender Hypo Alpe Adria, then opposition party NEOS named Trichet among 200 people it wanted to question. At the time of Austria purchasing Hypo Alpe Adria from BayernLB in late 2009, Trichet had lobbied for the deal. Trichet has been criticised for the ECB's response to the Great Recession, which emphasised price stability over recovery and growth. He was also criticized when he refused to answer a question about a possible conflict of interests concerning his successor's involvement at Goldman Sachs before taking charge as head of the ECB.
Жеке өмір
22 жасында Трише Альин Рыбалькаға үйленді, ол дипломат және аудармашы, оның ата-анасы Украинадан Францияға көшіп келген. Олардың екі ұлы бар: Пьер Алексис Трише (1971 жылы туған), Orange SA телекоммуникациялық компаниясында маркетинг стратегиясы директоры; және Жан Николас Трише (1974 жылы туған), музыкант және продюсер.
At age 22, Trichet married Aline Rybalka, a diplomat and translator whose parents immigrated to France from Ukraine. They have two sons: Pierre Alexis Trichet (born 1971), a marketing strategy director at telecommunications company Orange SA; and Jean Nicolas Trichet (born 1974), a musician and producer.