François Villeroy de Galhau

François Villeroy de Galhau (born 24 February 1959) is a French bank executive and haut fonctionnaire (higher civil servant), Governor of the Bank of France since 1 November 2015.

Early life

Born in Strasbourg, he descends from the family Villeroy de Galhau (co-owner of the ceramic manufacturer Villeroy & Boch, domiciled since about 200 years in Wallerfangen (Saarland)); his German is perfect.^[1] After earning his French baccalaureate degree at the Lycée Saint-Louis-de-Gonzague, and his engineering degree at the École Polytechnique, he studied at the ENA (École nationale d'administration) until 1984.

Career

He started his career at the Inspection générale des finances.

From 1990 to 1993, he was European politics adviser of the Finance Minister of France and then of the Prime Minister of France Pierre Bérégovoy; he got several departments at the Direction du Trésor in Bercy and then in Brussels, as conseiller financier in the Permanent Mission of France.

Under the Government of Lionel Jospin (1997 - 2002), he was (1997-1999) directeur de cabinet of Dominique Strauss-Kahn, 1999 bis [2000 of Christian Sautter (Minister of the Economy, Finances and Industry) and from February 2000 to 26 August 2003 director general of the Direction générale des Impôts (directeur général des impôts).

In 2003, he became general manager of Cetelem, a BNP Paribas company giving retail credits, and from 2011 to 2015 he was general manager for domestic markets at BNP Paribas. He is also member of the supervisory board of Villeroy & Boch AG.

Prime minister Manuel Valls appointed him to lead a committee scanning the financing of investments.^[2] He has begun in May 2015.

Other

He is a member of Gracques, a French social liberal think tank (founded 2007).

He has supported Mario Draghi's policy of "easy money" and complimented Draghi's policy during the European debt crisis 2012. He has called German inflation fears exaggerated and irrational.^[3]

On 8 September 2015, the President of France, François Hollande, nominated him as next Governor of the Banque de France.^[4] Christian Noyer (born 1950), Governor of the Banque de France since 2003, ends his term at the end of October 2015. Another candidate for the post was Benoît Coeuré, representing France in the Governing Council of the European Central Bank.^[1]

Publications

Books

• Développement des activités financières au regard des exigences éthiques du christianisme, Librairie Vaticane, 1994 (ISBN 978-2110011275)
• Dix-huit leçons sur la politique économique : à la recherche de la régulation, mit Jean-Claude Prager, foreword by Michel Pébereau, Éditions du Seuil, 2003, 2nd, updated edition 2006 (ISBN 978-2020822749)
• L'espérance d'un européen, Éditions Odile Jacob, October 2014 (ISBN 978-2738130914)

Some of his articles

• « Le changement dans l'État, c'est possible », in Sociétal, 2002, No. 35, p. 26-30
• Bercy : la réforme sans le grand soir ?, En temps réel, 2004 (online (pdf, 36 p.)
• « Justice et fiscalité », in Études, No. 4064, April 2007, p. 463-474
• « La vocation d'un dirigeant est aussi d'être un serviteur à l'écoute », in La Vie, No. 3260 (21-27 February 2008), p. 18-19

In the daily newspaper La Croix

• « Ces entreprises qui font l'Europe », 22 March 2006
• « La pression et le bénédictin », 28 December 2006
• « Voyage dans le cerveau du monde », 13 June 2007
• « Un trésor trop discret », 24 October 2007
• « Y a-t-il un pilote dans l'avion ? », 26 September 2008
• « Sagesses de mon village allemand », 17 September 2012

References

1. 1 2 FAZ.net / Christian Schubert: Ein Deutschland-Kenner für die EZB
2. ↑ François Villeroy de Galhau, prochain gouverneur de la Banque de France ?
3. ↑ in his book L'espérance d'un européen
4. ↑ www.elysee.fr: Nomination

External links

• CV at BNP Paribas