Benoît Cœuré

Benoît Cœuré (left), 2016

Benoît Cœuré (born March 17, 1969 in Grenoble , France ) is a French economist . From 2012 to 2019 he was a member of the board of directors of the European Central Bank .

Life

Cœuré first studied at the elite university Ecole Polytechnique (X) and at the same time Japanese , then at the École nationale de la statistique et de l'administration économique (ENSAE). He worked for the National Statistical Office of France (INSEE) and was the director of Agence France Trésor .

At their meeting in Brussels on November 29, 2011, the EU finance ministers voted unanimously for Benoît Cœuré as a member of the Executive Board of the European Central Bank (ECB). In January 2012, Cœuré succeeded Lorenzo Bini Smaghi . After an eight-year term in office, he left the board at the end of 2019.

On May 20, 2015, Benoît Cœuré hit the headlines when it became known that he had passed inside information to hedge funds. No legal consequences were drawn from this, however, as the question of whether the ECB is subject to disclosure requirements has not been conclusively clarified.

Following his work at the ECB, Cœuré moved to the Bank for International Settlements in January 2020 to take over the management of its technology center ( Innovation Hub ).

Works (selection)

• Together with Agnès Bénassy-Quéré , Pierre Jacquet and Jean Pisani-Ferry : Economic Policy: Theory and Practice . New York: Oxford University Press, 2010 (second edition 2018).
  • originally published as Politique économique . Brussels: De Boeck, 2004.
• Together with Tito Boeri , Lans Bovenberg and Andrew Roberts: Dealing with the New Giants: Rethinking the Role of Pension Funds . Geneva: International Center for Monetary and Banking Studies, 2006.
• Together with Agnès Bénassy-Quéré : Economie de l'euro . Paris: La Découverte, 2002 (second revised edition 2010).

Talk

• Speech (September 9, 2014): Learning about negative interest rates (translation here )
• Speech (November 14, 2014): The global and European aspects of policy coordination
• Speech (February 2, 2015): Lamfalussy was right: independence and interdependence in a monetary union

Web links

• CV on the website of the ECB
• Homepage (English)
• www.bundesfinanzministerium.de: Benoît Coeuré, Member of the Board of Directors of the European Central Bank (ECB) (May 9, 2014)

Individual evidence

1. ^ Clear way for French Benoît Cœuré . Handelsblatt, November 29, 2011.
2. ↑ A European expert for the ECB . Frankfurter Allgemeine Zeitung, November 25, 2011.
3. ↑ ECB gives hedge fund managers inside information . , Die Welt, May 21, 2015.
4. ↑ The ECB is not subject to ad hoc obligations . Frankfurter Allgemeine Zeitung, May 20, 2015.
5. ↑ Benoît Cœuré appointed to head BIS Innovation Hub . Bank for International Settlements, November 11, 2019.