The Governor of the Bank of France (French: Gouverneur de la Banque de France) is the most senior officer of the Bank of France. The position is currently held by François Villeroy de Galhau, who took office on 1 November 2015.

Duties and responsibilities

Assisted by two Deputy Governors and independent with regard to political authorities, the Governor administers the Banque de France in pursuit of its three core missions: monetary strategy, financial stability and services to the economy.

He chairs the General Council, which deliberates on issues concerning the management of activities outside the purview of the Eurosystem.[1]

He also sits on the Governing Council of the European Central Bank, which is responsible for setting Eurosystem monetary policy.[1]

Associated positions

The duties of the Governor of the Banque de France include fulfilling several mandates laid down in the Monetary and Financial Code, including:[2]

  • Member of the Governing Council of the European Central Bank
  • Chair of the Prudential Supervision and Resolution Authority
  • Member of the High Council for Financial Stability
  • Chairman of the Observatory for the Security of Payment Means
  • Member of the Board of Directors of the Bank for International Settlements
  • Member of the National Financial Education Committee.

Appointment

Since the constitutional revision of 23 July 2008, the Governor of the Banque de France has been appointed by decree of the President of the Republic following consultation with the Finance Committees of the National Assembly and the Senate, which have the power to veto appointments by a three-fifths majority vote.[2]

List of governors of the Banque de France

List of governors of the Banque de France, which is a member of the European Central Bank:

Beginning
of tenure		NameBorn-DiedNote
180625 AprilEmmanuel Crétet1747–1809[3]
18079 AugustFrançois Jaubert1758–1822[3]
18146 AprilJacques Laffitte1767–1844[3]
18206 AprilMartin-Michel-Charles Gaudin1756–1841[3]
183625 FebruaryJean Charles Joachim Davillier1758–1846[3]
18365 SeptemberAntoine Maurice Apollinaire d'Argout1782–1858[3]
18579 JuneCharles Le Bègue de Germiny1799–1871[3]
186315 MayAdolphe Vuitry1813–1885[3]
186428 SeptemberGustave Rouland1806–1878[3]
187918 JanuaryErnest Denormandie1821–1902[3]
188118 NovemberPierre Magnin1824–1910[3]
189724 DecemberGeorges Pallain1847–1923[3]
192025 AugustGeorges Robineau1860–1927[3]
192626 JuneÉmile Moreau1868–1950[3]
193025 SeptemberClément Moret1886–1943[3]
19352 JanuaryJean Tannery1878–1939[3]
19366 JuneÉmile Labeyrie1877–1966[3]
193720 JulyPierre-Eugène Fournier1882–1972[3]
194031 AugustYves Bréart de Boisanger1896–1976[3][4]
19447 OctoberEmmanuel Monick1893–1983[3]
194919 JanuaryWilfrid Baumgartner1902–1978[3]
196021 JanuaryJacques Brunet1901–1990[3][4]
19698 AprilOlivier Wormser1913–1985[3]
197414 JuneBernard Clappier1913–1999[3]
197923 NovemberRenaud de La Genière1925–1990[3]
198414 NovemberMichel Camdessus1933[3]
198719 JanuaryJacques de Larosière1929[3]
1993SeptemberJean-Claude Trichet1942[3]
20031 NovemberChristian Noyer1950[3]
20151 NovemberFrançois Villeroy de Galhau1959[3]

References

  1. 1 2 "Governance". Banque de France. 7 October 2016. Retrieved 8 March 2021.
  2. 1 2 "Governance bodies". Banque de France. 7 October 2016. Retrieved 8 March 2021.
  3. 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 "Institution". Banque de France. 29 September 2016.
  4. 1 2 Achard, Pierre (29 September 2014). "Dictionnaire historique des inspecteurs des Finances 1801–2009: Dictionnaire thématique et biographique". Institut de la gestion publique et du développement économique.
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