Wilfrid Baumgartner

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Wilfrid Siegfried Baumgartner (born May 21, 1902 in Paris ; † June 1, 1978 there ) was a French banker and politician .

biography

Baumgartner began to deal with questions of financial policy at an early stage and joined the state finance administration ( Inspection générale des finances ) as a finance inspector ( Inspecteur des Finances ) in 1925 . From March to December 1930 he was the cabinet director of Treasury Secretary Paul Reynaud . After working as Treasury Director ( Directeur générale du Trésor ) in the Ministry of Finance from January 1935 to November 1936, he was President of the Staatliche Kreditanstalt ( Crédit national ) between 1936 and 1949 .

On January 19, 1949 Baumgartner succeeded Emmanuel Monick as governor of the central bank ( Banque de France ) and held this office until January 1960.

On January 13, 1960, he was appointed to succeed Antoine Pinay as Minister of Finance and Economy in the cabinet of Prime Minister Michel Debre . He then held the office of minister until the end of Debre's tenure on January 19, 1962.

Even before he left the government, in 1961 he became President of the Alliance française , an association with the aim of spreading the French language abroad. He held this office until his death. In 1963 Baumgartner was also a member of the International Jury at the Cannes International Film Festival .

In 1964 he was also President-directeur général (PDG) of the chemical and pharmaceutical company Rhône-Poulenc . Between 1965 and his death he was also a member of the Académie des sciences morales et politiques and from 1969 to 1974 a member of the Economic and Social Council ( Conseil économique, social et environnemental ), a body that advised the government and parliament on economic and social issues .

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