Giorgos Provopoulos, former governor of the Financial institution of Greece, has died aged 74 after a battle with most cancers.
Georgios Provopoulos had an extended expertise within the banking sector in addition to a tutorial profession, as he was an affiliate professor within the Division of Economics of the College of Athens (1979-2007).
As Governor of the Financial institution of Greece (2008-2014) and as a member of the Board of Administrators of the European Central Financial institution, he managed the whole restructuring of the Greek banking system, within the midst of a deep financial disaster. Throughout the identical interval, he was deputy governor of the IMF for Greece and a member of the BIS (Financial institution for Worldwide Settlements).
His biography intimately
He was born on April 20, 1950 in Piraeus. He graduated from the Division of Economics on the Athens Regulation Faculty and continued his research on a scholarship in Britain, the place he obtained his PhD from the College of Essex after receiving a scholarship from the Authorities Scholarship Basis.
From 1979 to 2007 he taught Economics on the College of Athens.
In 1990, along with Angelos Angelopoulos, he participated in a committee established by the Zolotas authorities to stabilize the financial system.
Throughout the federal government of Konstantinos Mitsotakis (1990-1993) he served as deputy governor of the Financial institution of Greece, in addition to being president of the Council of Financial Consultants.
In 1993, Giorgos Provopoulos moved to the non-public sector, and labored as a monetary guide at Alpha Financial institution.
In 2004 he performed an necessary function in writing the New Democracy authorities program within the space of the financial system. In the identical 12 months, Costas Karamanlis appointed him to the administration of Emporiki Financial institution after which oversaw its sale to the French Credit score Agricole.
Between 2006 and 2008 he was vice chairman and managing director of Piraeus Financial institution.
In June 2008, the six-year time period of governor of the Financial institution of Greece, Nikos Garganas, who had been chosen by the earlier PASOK authorities in 2002, ended, and Giorgos Provopoulos was appointed governor of the Financial institution by the choice of the Karamanlis authorities. .
His time period resulted in 2014 and he was succeeded by Yiannis Stournaras.
Amongst different issues, he participated as vice chairman of the board of the Union of Hellenic Banks, he was a member of the Financial Committee of the European Union and deputy administrator of the Worldwide Financial Fund for Greece. He was additionally vice chairman of the Job Financial savings Financial institution, a member of the corporate TITAN and the Basis for Financial and Industrial Analysis (IOBE).
De-valve
Time left -0:00
Full display
In 2003 the Academy of Athens honored him with the Ethics and Political Sciences Class prize for his e book “The Dynamics of the Monetary System”.