Governor of the Bank of France

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The Governor of the Banque de France is the most senior officer of the Banque de 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		 Name Born-Died Note
1806 25 April Emmanuel Crétet 1747–1809 [3]
1807 9 August  [fr] 1758–1822 [3]
1814 6 April Jacques Laffitte 1767–1844 [3]
1820 6 April Martin-Michel-Charles Gaudin 1756–1841 [3]
1836 25 February  [fr] 1758–1846 [3]
1836 5 September Antoine Maurice Apollinaire d'Argout 1782–1858 [3]
1857 9 June Charles Le Bègue de Germiny 1799–1871 [3]
1863 15 May Adolphe Vuitry 1813–1885 [3]
1864 28 September Gustave Rouland 1806–1878 [3]
1879 18 January  [fr] 1821–1902 [3]
1881 18 November Pierre Magnin 1824–1910 [3]
1897 24 December  [fr] 1847–1923 [3]
1920 25 August  [fr] 1860–1927 [3]
1926 26 June Émile Moreau 1868–1950 [3]
1930 25 September  [fr] 1886–1943 [3]
1935 2 January  [fr] 1878–1939 [3]
1936 6 June  [fr] 1877–1966 [3]
1937 20 July  [fr] 1882–1972 [3]
1940 31 August  [fr] 1896–1976 [3][4]
1944 7 October Emmanuel Monick 1893-1983 [3]
1949 19 January  [fr] 1902–1978 [3]
1960 21 January  [fr] 1901–1976 [3][4]
1969 8 April  [fr] 1913–1985 [3]
1974 14 June  [fr] 1913–1999 [3]
1979 23 November  [fr] 1925–1990 [3]
1984 14 November Michel Camdessus 1933 [3]
1987 19 January Jacques de Larosière 1929 [3]
1993 September Jean-Claude Trichet 1942 [3]
2003 1 November Christian Noyer 1950 [3]
2015 1 November François Villeroy de Galhau 1959 [3]

References[]

  1. ^ a b "Governance". Banque de France. 7 October 2016. Retrieved 8 March 2021.
  2. ^ a b "Governance bodies". Banque de France. 7 October 2016. Retrieved 8 March 2021.
  3. ^ a b c d e f g h i j k l m n o p q r s t u v w x y z aa ab ac ad "Institution". Banque de France. 29 September 2016.
  4. ^ a b 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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