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{{Short description|Dutch economist}}
{{Short description|Dutch economist (born 1967)}}
{{Use dmy dates|date=February 2019}}
{{Use dmy dates|date=February 2019}}
{{Infobox officeholder
{{Infobox officeholder
|name = Klaas Knot
|name = Klaas Knot
|image = Klaas Knot (born 1967) at World Economic Forum Davos 2022.png
|office = President of [[De Nederlandsche Bank]]
|caption = Speaking at the 2022 [[World Economic Forum]]
|term_start = 1 July 2011
|office = Chair of the [[Financial Stability Board]]
|term_end =
|term_start = 2 December 2021
|predecessor = [[Nout Wellink]]
|successor =
|term_end =
|predecessor = [[Randal Quarles]]
|birth_date = {{birth date and age|1967|4|14|df=y}}
|successor =
|birth_place = [[Bedum]], Netherlands
|office1 = President of [[De Nederlandsche Bank]]
|death_date =
|term_start1 = 1 July 2011
|death_place =
|term_end1 =
|education = [[University of Groningen]]
|predecessor1 = [[Nout Wellink]]
|successor1 =
|birth_name = Klaas Henderikus Willem Knot
|birth_date = {{birth date and age|1967|4|14|df=y}}
|birth_place = [[Bedum]], Netherlands
|death_date =
|death_place =
|education = [[University of Groningen]]
}}
}}
'''Klaas Henderikus Willem Knot''' (born 14 April 1967, in [[Bedum]], Netherlands) is a [[Netherlands|Dutch]] [[economist]] and central banker, who is the current President of the Dutch [[central bank]] [[De Nederlandsche Bank]] (DNB).<ref>{{cite web|url=http://www.nu.nl/economie/2519839/klaas-knot-wordt-nieuwe-president-dnb.html |title=Klaas Knot wordt nieuwe president van DNB |date=2011-05-20 |website=NU.nl |language=nl |archive-url=https://web.archive.org/web/20110522082649/http://www.nu.nl/economie/2519839/klaas-knot-wordt-nieuwe-president-dnb.html |archive-date=2011-05-22 |url-status=live}}</ref> In this capacity he also serves as a member of the [[Governing Council of the European Central Bank]], and of the Board of Governors of the [[International Monetary Fund#Members.27 quotas and voting power.2C and board of governors|International Monetary Fund]]. Knot also holds a position as Professor in Monetary Stability at the [[University of Amsterdam]]<ref>{{Cite web | url=http://www.foliaweb.nl/organisatie/president-de-nederlandsche-bank-benoemd-tot-hoogleraar/ | title=Folia}}</ref> and honorary professor at the [[University of Groningen]].<ref>{{Cite web | url=http://www.rug.nl/staff/k.h.w.knot/ | title=Prof. Dr. K.H.W. (Klaas) Knot &#124; Waar vindt u ons &#124; over ons &#124; Rijksuniversiteit Groningen}}</ref>
'''Klaas Henderikus Willem Knot''' (born 14 April 1967) is a Dutch economist and central banker who is the current President of the Dutch [[central bank]] [[De Nederlandsche Bank]] (DNB).<ref>{{cite web|url=http://www.nu.nl/economie/2519839/klaas-knot-wordt-nieuwe-president-dnb.html |title=Klaas Knot wordt nieuwe president van DNB |date=2011-05-20 |website=NU.nl |language=nl |archive-url=https://web.archive.org/web/20110522082649/http://www.nu.nl/economie/2519839/klaas-knot-wordt-nieuwe-president-dnb.html |archive-date=2011-05-22 |url-status=live}}</ref> In this capacity he serves as a member of the [[Governing Council of the European Central Bank]] (ECB), as well as of the Board of Governors of the [[International Monetary Fund]] (IMF). Knot also holds a position as Professor in Monetary Stability at the [[University of Amsterdam]]<ref>{{Cite web | url=http://www.foliaweb.nl/organisatie/president-de-nederlandsche-bank-benoemd-tot-hoogleraar/ | title=President De Nederlandsche Bank benoemd tot hoogleraar |website=Folia.nl |date=2015-01-05 |first=Dirk |last=Wolthekker |language=nl |archive-url=https://web.archive.org/web/20150608223103/www.foliaweb.nl/organisatie/president-de-nederlandsche-bank-benoemd-tot-hoogleraar/ |archive-date=2015-06-08 |url-status=live}}</ref> and honorary professor at the [[University of Groningen]].<ref>{{Cite web | url=https://www.rug.nl/staff/k.h.w.knot/ | title=Prof. Dr. K.H.W. (Klaas) Knot |publisher=Rijksuniversiteit Groningen |archive-url=https://web.archive.org/web/20211108193512/https://www.rug.nl/staff/k.h.w.knot/ |archive-date=2021-11-08 |url-status=live}}</ref>


==Early life and education==
==Early life and education==
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==Career==
==Career==
After obtaining his doctorate Knot began working as a Senior Economist at De Nederlandsche Bank in the Department of Monetary and Economic Policy. In 1998 he left this post to become an economist in the European Department of the [[International Monetary Fund]] in [[Washington D.C.]]. A year later, he returned to De Nederlandsche Bank, as the Head of Banking and Supervisory Strategies Department. After serving in this capacity for three years, in December 2002 he left De Nederlandsche Bank again to become the Director of the Dutch Pensions and Insurance Authority, charged with supervision of all Dutch [[pension funds]] and [[insurance companies]]. In 2004 the Pensions and Insurance Authority was merged with De Nederlandsche Bank, and Knot was appointed as Director of the Supervisory Policy Division at De Nederlandsche Bank. In 2009 he left De Nederlandsche Bank once more to become Director of Financial Markets, and Deputy Treasurer General of the Dutch [[Ministry of Finance (Netherlands)|Ministry of Finance]].<ref>{{cite web|url=http://nl.linkedin.com/pub/klaas-knot/11/839/83b |title=Klaas Knot |website=[[LinkedIn]] |archive-url=https://archive.md/fLpxV |archive-date=2021-11-08 |url-status=live}}</ref>{{Primary source inline|date=November 2021}} Knot has been the Vice Chairman of the [[Financial Stability Board]] since 2018 and is expected to replace Chairman [[Randal Quarles]] in 2021.<ref>{{Cite web|date=2018-11-26|title=Appointment of new FSB Chair and Vice Chair|url=https://www.fsb.org/2018/11/appointment-of-new-fsb-chair-and-vice-chair/ |access-date=2021-11-08 |website=www.fsb.org|language=en-US}}</ref>
After obtaining his doctorate Knot began working as a Senior Economist at De Nederlandsche Bank in the Department of Monetary and Economic Policy. In 1998 he left this post to become an economist in the European Department of the [[International Monetary Fund]] in [[Washington D.C.]] A year later, he returned to De Nederlandsche Bank, as the Head of Banking and Supervisory Strategies Department. After serving in this capacity for three years, in December 2002 he left De Nederlandsche Bank again to become the Director of the Dutch Pensions and Insurance Authority, charged with supervision of all Dutch [[pension funds]] and [[insurance companies]]. In 2004 the Pensions and Insurance Authority was merged with De Nederlandsche Bank, and Knot was appointed as Director of the Supervisory Policy Division at De Nederlandsche Bank. In 2009 he left De Nederlandsche Bank once more to become Director of Financial Markets, and Deputy Treasurer General of the Dutch [[Ministry of Finance (Netherlands)|Ministry of Finance]].<ref>{{cite web|url=http://nl.linkedin.com/pub/klaas-knot/11/839/83b |title=Klaas Knot |website=[[LinkedIn]] |archive-url=https://archive.today/fLpxV |archive-date=2021-11-08 |url-status=live}}</ref>{{Primary source inline|date=November 2021}} Knot was the Vice Chairman of the [[Financial Stability Board]] from 2018 to 2021 when he replaced [[Randal Quarles]] as Chairman.<ref>{{Cite web|date=2018-11-26|title=Appointment of new FSB Chair and Vice Chair|url=https://www.fsb.org/2018/11/appointment-of-new-fsb-chair-and-vice-chair/ |access-date=2021-11-08 |website=www.fsb.org|language=en-US}}</ref>


==Other activities==
==Other activities==
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* [[Bank for International Settlements]] (BIS), Ex-Officio Member of the Board of Directors<ref>[https://www.bis.org/about/board.htm?m=1%7C2%7C2 Board of Directors] [[Bank for International Settlements]] (BIS).</ref>
* [[Bank for International Settlements]] (BIS), Ex-Officio Member of the Board of Directors<ref>[https://www.bis.org/about/board.htm?m=1%7C2%7C2 Board of Directors] [[Bank for International Settlements]] (BIS).</ref>
* [[International Monetary Fund]] (IMF), Ex-Officio Member of the Board of Governors<ref>[http://www.imf.org/external/np/sec/memdir/members.aspx Board of Governors] [[International Monetary Fund]] (IMF).</ref>
* [[International Monetary Fund]] (IMF), Ex-Officio Member of the Board of Governors<ref>[http://www.imf.org/external/np/sec/memdir/members.aspx Board of Governors] [[International Monetary Fund]] (IMF).</ref>

===Non-profit organizations===
===Non-profit organizations===
* Osservatorio Permanente Giovani-Editori, Member of the International Advisory Board<ref>[https://osservatorionline.it/en/who-we-are/ International Advisory Board] Osservatorio Permanente Giovani-Editori.</ref>
* [[Trilateral Commission]], Member of the European Group<ref>[http://trilateral.org/download/files/membership/TC_list_3_23.pdf Membership] [[Trilateral Commission]].</ref>
* [[Trilateral Commission]], Member of the European Group<ref>[http://trilateral.org/download/files/membership/TC_list_3_23.pdf Membership] {{Webarchive|url=https://web.archive.org/web/20190201191206/http://trilateral.org/download/files/membership/TC_list_3_23.pdf |date=1 February 2019 }} [[Trilateral Commission]].</ref>
* [[Teylers Museum]], Member of the Supervisory Board
* [[Teylers Museum]], Member of the Supervisory Board


==Personal life==
==Personal life==
Knot is married and has two children. He currently lives in [[Amsterdam]], which is where De Nederlandsche Bank is headquartered.
Knot is married and has two children. He currently lives in [[Amsterdam]], which is where De Nederlandsche Bank is headquartered.{{cn|date=July 2022}}

In 1999 and 2002 Knot ran the [[New York City Marathon|New York Marathon]] and the [[Amsterdam Marathon]], achieving times of 3.32.31 and 3.19.34 respectively.{{cn|date=June 2019}}


==References==
==References==
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{{s-bef|before=[[Nout Wellink]]}}
{{s-bef|before=[[Nout Wellink]]}}
{{s-ttl|title=President of [[De Nederlandsche Bank]]|years=2011–present}}
{{s-ttl|title=President of [[De Nederlandsche Bank]]|years=2011–present}}
{{s-inc}}
|-
{{s-dip}}
{{s-bef|before=[[Randal Quarles]]}}
{{s-ttl|title=Chair of the [[Financial Stability Board]]|years=2021–present}}
{{s-inc}}
{{s-inc}}
{{s-end}}
{{s-end}}


{{ECB-GoverningCouncil}}
{{Authority control}}
{{Authority control}}



Latest revision as of 21:24, 31 October 2023

Klaas Knot
Speaking at the 2022 World Economic Forum
Chair of the Financial Stability Board
Assumed office
2 December 2021
Preceded byRandal Quarles
President of De Nederlandsche Bank
Assumed office
1 July 2011
Preceded byNout Wellink
Personal details
Born
Klaas Henderikus Willem Knot

(1967-04-14) 14 April 1967 (age 57)
Bedum, Netherlands
EducationUniversity of Groningen

Klaas Henderikus Willem Knot (born 14 April 1967) is a Dutch economist and central banker who is the current President of the Dutch central bank De Nederlandsche Bank (DNB).[1] In this capacity he serves as a member of the Governing Council of the European Central Bank (ECB), as well as of the Board of Governors of the International Monetary Fund (IMF). Knot also holds a position as Professor in Monetary Stability at the University of Amsterdam[2] and honorary professor at the University of Groningen.[3]

Early life and education[edit]

Knot was born in the town of Bedum near Groningen. After completing his secondary education (vwo) at the Andreas College in Drachten, he studied economics at the University of Groningen. In 1995 he was awarded a doctorate from the same institution, with his doctoral thesis concerning the differences in budget deficits and interest rates on government bonds between Members States of the European Union.[4][5]

Career[edit]

After obtaining his doctorate Knot began working as a Senior Economist at De Nederlandsche Bank in the Department of Monetary and Economic Policy. In 1998 he left this post to become an economist in the European Department of the International Monetary Fund in Washington D.C. A year later, he returned to De Nederlandsche Bank, as the Head of Banking and Supervisory Strategies Department. After serving in this capacity for three years, in December 2002 he left De Nederlandsche Bank again to become the Director of the Dutch Pensions and Insurance Authority, charged with supervision of all Dutch pension funds and insurance companies. In 2004 the Pensions and Insurance Authority was merged with De Nederlandsche Bank, and Knot was appointed as Director of the Supervisory Policy Division at De Nederlandsche Bank. In 2009 he left De Nederlandsche Bank once more to become Director of Financial Markets, and Deputy Treasurer General of the Dutch Ministry of Finance.[6][non-primary source needed] Knot was the Vice Chairman of the Financial Stability Board from 2018 to 2021 when he replaced Randal Quarles as Chairman.[7]

Other activities[edit]

International organizations[edit]

Non-profit organizations[edit]

Personal life[edit]

Knot is married and has two children. He currently lives in Amsterdam, which is where De Nederlandsche Bank is headquartered.[citation needed]

References[edit]

  1. ^ "Klaas Knot wordt nieuwe president van DNB". NU.nl (in Dutch). 20 May 2011. Archived from the original on 22 May 2011.
  2. ^ Wolthekker, Dirk (5 January 2015). "President De Nederlandsche Bank benoemd tot hoogleraar". Folia.nl (in Dutch). Archived from the original on 8 June 2015.
  3. ^ "Prof. Dr. K.H.W. (Klaas) Knot". Rijksuniversiteit Groningen. Archived from the original on 8 November 2021.
  4. ^ Knot, Klaas (1995). Fiscal policy and interest rates in the European Community. Capelle a/d IJssel: Labyrint. ISBN 9789072591272.
  5. ^ Knot, Klaas; de Haan, Jakob (March 1995). "Fiscal policy and interest rates in the European community". European Journal of Political Economy. 11 (1): 171–187. doi:10.1016/0176-2680(94)00012-9.
  6. ^ "Klaas Knot". LinkedIn. Archived from the original on 8 November 2021.
  7. ^ "Appointment of new FSB Chair and Vice Chair". www.fsb.org. 26 November 2018. Retrieved 8 November 2021.
  8. ^ Governing Council European Central Bank (ECB).
  9. ^ Members European Systemic Risk Board (ESRB).
  10. ^ Board of Directors Bank for International Settlements (BIS).
  11. ^ Board of Governors International Monetary Fund (IMF).
  12. ^ International Advisory Board Osservatorio Permanente Giovani-Editori.
  13. ^ Membership Archived 1 February 2019 at the Wayback Machine Trilateral Commission.
Government offices
Preceded by President of De Nederlandsche Bank
2011–present
Incumbent
Diplomatic posts
Preceded by Chair of the Financial Stability Board
2021–present
Incumbent