Member of the ECB's Executive Board

Portrait of Peter Praet, Member of the Executive Board of the European Central Bank

Peter Praet

Date of birth: 20 January 1949

Place of birth: Herchen, Germany

Education

1971
BA in Economics, Université libre de Bruxelles
1972
MA in Economics, Université libre de Bruxelles
1980
PhD in Economics, Université libre de Bruxelles

Professional career

1973-1975
Research Assistant in the Department of Applied Economics and Institute for European Studies, Université libre de Bruxelles (ULB)
1976-1977
Military service
1977-1978
Research Assistant, Institute for European Studies, ULB
1978-1980
Economist, International Monetary Fund, Washington D.C.
1980-1987
Professor of economics, ULB, teaching:
  • Money and banking
  • Economic and Monetary Union
  • Coordination of macroeconomic policies
1987-1999
Chief Economist, Générale de Banque, subsequently at Fortis Bank
1999-2000
Chief of Staff of the Belgian Minister of Finance
Nov. 2000-end May 2011
Executive Director of the Nationale Bank van België/Banque Nationale de Belgique
Nov. 2002-end March 2011
Member of the Board of the Banking, Finance and Insurance Commission
Since June 2011
Member of the Executive Board of the European Central Bank

Other posts

  • Member of the Basel Committee on Banking Supervision (2003-2011)
  • Co-chair of the BCBS Research Task Force (March 2005-2011)
  • Member of the Committee on the Global Financial System (2000-2011)
  • Member of the Committee on Payment and Settlement Systems (2000-2011)
  • First Alternate of the Board of Directors of the Bank for International Settlements (BIS) (2000-2011)
  • Alternate member of the Global Economy Meeting of the BIS (2000-2011)
  • Alternate member of the Economic Consultative Committee of the BIS (2000-2011)
  • Member of the Committee of European Banking Supervisors (CEBS), since January 2011 the European Banking Authority (EBA) (2004-2011)
  • Member of the International Monetary and Financial Committee (IMFC) (2001-2008)
  • Member of the Working Party No 3 of the OECD (2000-2007)
  • Member of the High Council of Finance of the Kingdom of Belgium (2006-2011)
  • Member of the High Level Committee on a New Financial Architecture (2008-2009)
  • Member of the Board of the European Policy Centre (EPC) (2004-2007)
  • Member of the Board of the Brussels European and Global Economic Laboratory (BRUEGEL) (2004-2011)
  • Chairman of the Banking Supervision Committee (BSC) of the European System of Central Banks (2007-2011)
  • Member of the Academic Advisory Board of the Brussels Finance Institute - BFI (2010-2011)
  • Member of the Comité des risques et établissements financiers systémiques (CREFS) (2010-2011)

Academic functions

  • Money and Banking, Solvay Brussels School of Economics & Management, Université libre de Bruxelles
  • Coordination of macroeconomic policies - Institute for European Studies, Université libre de Bruxelles