Christian Noyer
{{Short description|French economist}}
{{Use dmy dates|date=March 2024}}
{{Infobox officeholder
| name = Christian Noyer
| image = Christian Noyer 2008 (cropped).jpg
| office = Chair of the Bank for International Settlements
| 1blankname = {{nowrap|General Manager}}
| 1namedata = Jaime Caruana
| term_start = March 2010
| term_end = October 2015
| predecessor = Guillermo Ortiz Martínez
| successor = Jens Weidmann
| office2 = Governor of the Bank of France
| term_start2 = 1 November 2003
| term_end2 = 31 October 2015
| predecessor2 = Jean-Claude Trichet
| successor2 = François Villeroy de Galhau
| office3 = Vice-President of the European Central Bank
| president3 = Wim Duisenberg
| term_start3 = 1 June 1998
| term_end3 = 31 May 2002
| predecessor4 = Position established
| successor4 = Lucas Papademos
| birth_date = {{birth date and age|1950|10|6|df=y}}
| birth_place = Soisy-sous-Montmorency, France
| death_date =
| death_place =
| party = Rally for the Republic {{small|(Before 2002)}}
Union for a Popular Movement {{small|(2002–2015)}}
| education = Paris Descartes University
Sciences Po
École nationale d'administration
| caption = Noyer in 2008
}}
Christian Noyer ({{IPA|fr|nwaje|lang}}; born 6 October 1950) is a French economist who served as Governor of the Bank of France from 2003 to 2015. In this capacity, he chaired the Bank for International Settlements from 2010 until 2015.[http://www.bis.org/press/p100308.htm BIS Board elects Christian Noyer as new Chairman]Joshua Franklin (7 September 2015), [https://www.reuters.com/article/bis-board-chairman/bis-says-has-elected-bundesbank-chief-weidmann-as-chairman-idUSZ8N0YQ02J20150907 BIS says has elected Bundesbank chief Weidmann as chairman] Reuters. He had previously served as vice president of the European Central Bank from 1998 to 2002.
Career
Appointed to the Treasury in the Ministry of the Economy and Finance in 1976, Noyer subsequently spent two years in Brussels from 1980 to 1982 at France's permanent representation to the European Communities. Back at the Treasury, he held a range of posts dealing with both domestic issues (government cash and debt management, banking affairs, financing of industry and state-owned enterprises) and international affairs (multilateral issues, export financing). In 1995, he became chief of staff to Finance Minister Jean Arthuis.
Noyer was appointed Governor of the Bank of France in 2003 by then-President Jacques Chirac and confirmed for a second term by his successor, Nicolas Sarkozy. During his tenure as Governor, he was also Chairman of the Autorité de contrôle prudentiel et de résolution (ACPR, the French Prudential Supervision and Resolution Authority for banks and insurance). He also chaired the supervisory boards of the Institut d'Émission des Départements d'Outre-Mer (IEDOM) and the Institut d'Émission d'Outre-Mer (IEOM), the French overseas note-issuing central banks.
Later career
In 2014, the daily newspaper Le Monde reported that Noyer had been considered to succeed Baudouin Prot as chairman of private bank BNP Paribas; the post instead went to Jean Lemierre.Martin Arnold (23 September 2014), [https://www.ft.com/content/99acfc5a-4311-11e4-9a58-00144feabdc0 BNP Paribas chairman Baudouin Prot to step down] Financial Times.
In 2016, Noyer was appointed by Minister of the Economy, Finance and Recovery Bruno Le Maire to lead a task force mandated with leading efforts to attract business from London in the wake of Brexit.Michael Stothard (31 October 2016), [https://www.ft.com/content/26f385c6-9e8b-11e6-891e-abe238dee8e2 France sets up team in Brexit push to lure business from London] Financial Times.David Segal (10 December 2017), [https://www.nytimes.com/2017/12/10/business/brexit-paris-business-london.html As Brexit Looms, Paris Tries a Business Makeover] The New York Times. He also led France's successful bid to relocate the European Banking Authority to Paris in 2017.Maya Nikolaeva and Huw Jones (21 November 2017), [https://www.reuters.com/article/uk-eu-banks-regulator-analysis/paris-watchdog-win-bolsters-its-fight-for-brexit-banks-idUSKBN1DL1YM Paris watchdog win bolsters its fight for Brexit banks] Reuters. In 2022, Le Maire extended Noyer's mission until 2024.Paul de Villepin and Giorgio Leali (14 December 2023), [https://www.politico.eu/article/france-bruno-le-maire-steps-up-efforts-to-lure-financial-jobs-to-paris-after-brexit/ France steps up efforts to lure post-Brexit financial jobs to Paris] Politico Europe.
In 2018, the French Treasury asked Noyer to study all possible options to reorganize Crédit Mutuel Arkéa, part of France's fifth-biggest lender, Groupe Crédit Mutuel.Maya Nikolaeva and Matthieu Protard (19 January 2018), [https://www.reuters.com/article/credit-mutuel-arkea-banks/update-1-frances-credit-mutuel-arkea-to-study-break-up-from-parent-group-idUSL8N1PE2BC France's Credit Mutuel Arkea to study break-up from parent group] Reuters.
Other activities
=International organizations=
- International Monetary Fund (IMF), Ex-Officio Alternate Member of the Board of Governors (1993–1995, 2003–2015)
- Financial Stability Board (FSB), Ex-Officio Member (2008–2015)
- World Bank, Ex-Officio Alternate Member of the Board of Governors (1993–1995)
=Corporate boards=
- BNP Paribas, Member of the Board of Directors (since 2021)[https://group.bnpparibas/decouvrez-le-groupe/notre-gouvernance/conseil-dadministration Conseil d'administration] BNP Paribas.
- Power Corporation of Canada, Member of the Board of Directors (since 2016)[https://www.powercorporation.com/en/governance/board-directors/#christian-noyer Board: Christian Noyer] Power Corporation of Canada.
=Non-profit organizations=
- Group of Thirty, Member[http://group30.org/members/bio_current/noyer Christian Noyer] Group of Thirty.
- French Institute of International Relations (IFRI), Member of the Board of Directors[https://www.ifri.org/en/about/governance/board-of-directors Board of Directors] {{Webarchive|url=https://web.archive.org/web/20200526084801/https://www.ifri.org/en/about/governance/board-of-directors |date=26 May 2020 }} French Institute of International Relations (IFRI).
- Club de l'horloge, Member (1974–75).See Philippe Lamy's thesis, p. 579: http://www.theses.fr/2016PA080034/document.
References
{{reflist}}
External links
- [https://web.archive.org/web/20120210060312/http://www.banque-france.fr/en/banque-de-france/organisation/organisation-chart/christian-noyer.html Short Biography]
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{{s-ttl|title=Vice-President of the European Central Bank|years=1998–2002}}
{{s-aft|after=Lucas Papademos}}
|-
{{s-bef|before=Jean-Claude Trichet}}
{{s-ttl|title=Governor of the Bank of France|years=2003–2015}}
{{s-aft|after=François Villeroy de Galhau}}
|-
{{s-dip}}
{{s-bef|before=Guillermo Ortiz Martínez}}
{{s-ttl|title=Chair of the Bank for International Settlements|years=2010–2015}}
{{s-aft|after=Jens Weidmann}}
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{{ECB board}}
{{Authority control}}
{{DEFAULTSORT:Noyer, Christian}}
Category:Carrefour de l'horloge people
Category:Commanders of the Legion of Honour
Category:École nationale d'administration alumni
Category:French officials of the European Union
Category:Governors of the Banque de France