Svatopluk Potáč

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Svatopluk Potáč (born March 24, 1925 in Tupec , Okres Přerov ; † September 5, 2014 ) was a Czechoslovak economist and politician of the Communist Party of Czechoslovakia KSČ ( Komunistická strana Československa ) , who was president of the Czechoslovak State Bank between 1971 and 1981 ( Státní banka československá) and from 1981 to 1988 Vice Prime Minister and Chairman of the State Planning Commission. He was then again President of the State Bank between 1988 and 1989.

Life

After completing his vocational training, Svatopluk Potáč worked as an electrical mechanic at the Bata plant in Zlín , where he last worked as a controller. After graduating from the Central Workers' School of the State Bank SBČS (Státní banka československá) in 1951 , he became head of the Energy Department of the Heavy Industry Department in 1952. In 1955 he was appointed director of planning and economics at SBČS. In addition, he completed a degree in economics with a focus on finance and credit management at the VŠE University of Economics in Prague (Vysoká škola ekonomická) , which he graduated in 1957. He then became managing director in 1957 and then deputy general director of the Czechoslovak State Bank in 1964, before he was general director of Státní banka československá between 1969 and 1971. In the 1960s, as a member of the State Planning Commission for the implementation of a new system and the evaluation of experiments, he was also instrumental in the attempts to reform the Czechoslovak banking system.

In 1971, after the law on the State Bank was changed, Potáč became the successor of Otakar Pohl for the first time as President of the Czechoslovak State Bank and held this position for ten years until 1981, after which Jan Stejskal succeeded him. After finishing his work for the State Bank he was on the XVI. Party Congress (April 6-10, 1981) elected to the Central Committee (ZK) of the Communist Party of Czechoslovakia KSČ ( Komunistická strana Československa ) , to which he was elected after his re-election at the XVII. Party congress (March 24-28, 1986) until the collapse of communism in the wake of the Velvet Revolution (Sametová revoluce / Nežná revolúcia) on December 21, 1989. On June 7, 1981 he also became a member of the Federal Assembly and was a member of the People's Chamber (Sněmovna lidu) after his re-election on May 24, 1986 until January 30, 1990 , the 200 in the entire territory of Czechoslovakia in general, equal and directly elected members of parliament.

On June 17, 1981, Svatopluk Potáč was appointed deputy prime minister and chairman of the State Planning Commission in the government of Lubomír Štrougal IV and held this position in the Lubomír Štrougal V government (June 16, 1986 to April 20, 1988) and the government Lubomír Štrougal VI (April 21, 1988 to October 11, 1988).

After leaving the government, Potáč succeeded Jan Stejskal as President of the Czechoslovak State Bank and held this position until 1990, when Josef Tošovský succeeded him. Even then, he was cautious in terms of monetary policy with regard to Czechoslovakia's foreign debt.

In 1990 he retired at his own request and worked as a consultant. Together with Pavel Tykač , Jan Dienstl and Aleš Tříska, he founded the Motoinvest group on November 18, 1991 , which expired in 1998. In the course of its existence, Motoinvest has become synonymous with opaque financial transactions beyond legal limits, particularly because of the "tunneling" of the banks and corporations it controls. The head of Motoinvest, Pavel Tykač, was nicknamed the “pest of the capital market”.

Web links

Individual evidence

  1. ↑ Directory of Czechoslovak Officials , p. 5 (1988)
  2. ↑ Directory of Czechoslovak Officials , p. 37 (1988)
  3. ↑ Directory of Czechoslovak Officials , pp. 21, 28 (1988)
  4. ^ Government of Lubomír Štrougal IV
  5. ^ Government of Lubomír Štrougal V
  6. ^ Government of Lubomír Štrougal VI
personal data
SURNAME Potáč, Svatopluk
BRIEF DESCRIPTION Czechoslovak politician
DATE OF BIRTH March 24, 1925
PLACE OF BIRTH Tupec , Okres Přerov
DATE OF DEATH 5th September 2014