Johannes Franciscus "Hans" Hoogervorst (born 19 April 1956) is a retired

Dutch Dutch commonly refers to: * Something of, from, or related to the Netherlands * Dutch people () * Dutch language () Dutch may also refer to: Places * Dutch, West Virginia, a community in the United States * Pennsylvania Dutch Country People E ...

politician of the

People's Party for Freedom and Democracy The People's Party for Freedom and Democracy ( nl, Volkspartij voor Vrijheid en Democratie ; VVD) is a conservative-liberal Andeweg, R. and G. Irwin ''Politics and Governance in the Netherlands'', Basingstoke (Palgrave) p.49 political party in ...

(VVD) and economist. He is the former chairman of the International Accounting Standards Board (IASB) from 1 July 2011 through 30 June 2021. Hoogervorst attended a Gymnasium in Haarlem from June 1968 until June 1974 and applied at the

University of Amsterdam The University of Amsterdam (abbreviated as UvA, nl, Universiteit van Amsterdam) is a public research university located in Amsterdam, Netherlands. The UvA is one of two large, publicly funded research universities in the city, the other being ...

in July 1974 majoring in Modern history and obtaining a

Bachelor of Arts Bachelor of arts (BA or AB; from the Latin ', ', or ') is a bachelor's degree awarded for an undergraduate program in the arts, or, in some cases, other disciplines. A Bachelor of Arts degree course is generally completed in three or four year ...

degree in June 1976 before graduating with a

Master of Arts A Master of Arts ( la, Magister Artium or ''Artium Magister''; abbreviated MA, M.A., AM, or A.M.) is the holder of a master's degree awarded by universities in many countries. The degree is usually contrasted with that of Master of Science. Th ...

degree in July 1980. Hoogervorst applied at the

Paul H. Nitze School of Advanced International Studies The Paul H. Nitze School of Advanced International Studies (SAIS) is a graduate school of Johns Hopkins University based in Washington, D.C., United States, with campuses in Bologna, Italy, and Nanjing, China. It is consistently ranked one of th ...

of the

Johns Hopkins University Johns Hopkins University (Johns Hopkins, Hopkins, or JHU) is a private research university in Baltimore, Maryland. Founded in 1876, Johns Hopkins is the oldest research university in the United States and in the western hemisphere. It consi ...

Baltimore Baltimore ( , locally: or ) is the List of municipalities in Maryland, most populous city in the U.S. state of Maryland, fourth most populous city in the Mid-Atlantic (United States), Mid-Atlantic, and List of United States cities by popula ...

Maryland Maryland ( ) is a state in the Mid-Atlantic region of the United States. It shares borders with Virginia, West Virginia, and the District of Columbia to its south and west; Pennsylvania to its north; and Delaware and the Atlantic Ocean to ...

in March 1981 for a postgraduate education in

International relations International relations (IR), sometimes referred to as international studies and international affairs, is the scientific study of interactions between sovereign states. In a broader sense, it concerns all activities between states—such a ...

obtaining a Master of Arts degree in July 1983. Hoogervorst worked as a financial analyst at the National Bank of Washington (NBW) in

Washington, D.C. ) , image_skyline = , image_caption = Clockwise from top left: the Washington Monument and Lincoln Memorial on the National Mall, United States Capitol, Logan Circle, Jefferson Memorial, White House, Adams Morgan, ...

from August 1983 until March 1986 and as a civil servant for the

Ministry of Finance A ministry of finance is a part of the government in most countries that is responsible for matters related to the finance. Lists of current ministries of finance Named "Ministry" * Ministry of Finance (Afghanistan) * Ministry of Finance and Ec ...

from March 1986 until September 1987. Hoogervorst worked as a political consultant for the People's Party for Freedom and Democracy from September 1987 until May 1994 and also as a

speechwriter A speechwriter is a person who is hired to prepare and write speeches that will be delivered by another person. Speechwriters are employed by many senior-level elected officials and executives in the government and private sectors. They can also b ...

for the

Leader of the People's Party for Freedom and Democracy The Leader of the People's Party for Freedom and Democracy is the most senior politician within the People's Party for Freedom and Democracy ( nl, Volkspartij voor Vrijheid en Democratie, VVD) in the Netherlands. The post is currently held by Mar ...

Frits Bolkestein Frederik "Frits" Bolkestein (; born 4 April 1933) is a retired Dutch politician and businessman who served as Leader of the People's Party for Freedom and Democracy (VVD) from 1990 to 1998 and European Commissioner for Internal Market from 199 ...

from April 1990 until May 1994. Hoogervorst was elected as a Member of the House of Representatives after the election of 1994, taking office on 17 May 1994 serving as a

frontbencher In many parliaments and other similar assemblies, seating is typically arranged in banks or rows, with each political party or caucus grouped together. The spokespeople for each group will often sit at the front of their group, and are then kn ...

and

spokesperson A spokesperson, spokesman, or spokeswoman, is someone engaged or elected to speak on behalf of others. Duties and function In the present media-sensitive world, many organizations are increasingly likely to employ professionals who have receiv ...

for

Finances Finance is the study and discipline of money, currency and capital assets. It is related to, but not synonymous with economics, the study of production, distribution, and consumption of money, assets, goods and services (the discipline of fin ...

. After the election of 1998 Hoogervorst was appointed as State Secretary for Social Affairs and Employment in the Cabinet Kok II, taking office on 3 August 1998. The Cabinet Kok II resigned on 16 April 2002 following the conclusions of the

NIOD The NIOD Institute for War, Holocaust and Genocide Studies (Dutch: ''NIOD Instituut voor Oorlogs-, Holocaust- en Genocidestudies'') is an organisation in the Netherlands which maintains archives and carries out historical studies into the Second Wo ...

report into the

Srebrenica massacre The Srebrenica massacre ( sh-Latn-Cyrl, separator=" / ", Masakr u Srebrenici, Масакр у Сребреници), also known as the Srebrenica genocide ( sh-Latn-Cyrl, separator=" / ", Genocid u Srebrenici, Геноцид у Сребрен ...

during the Bosnian War and continued to serve in a demissionary capacity. After the election of 2002 Hoogervorst returned as a Member of the House of Representatives, taking office on 23 May 2002. Following the cabinet formation of 2002 Hoogervorst was appointed as

Minister of Finance A finance minister is an executive or cabinet position in charge of one or more of government finances, economic policy and financial regulation. A finance minister's portfolio has a large variety of names around the world, such as "treasury", " ...

in the Cabinet Balkenende I, taking office on 22 July 2002. The Cabinet Balkenende I fell just four months later on 16 October 2002 and continued to serve in a demissionary capacity with Hoogervorst appointed as Minister of Economic Affairs dual serving in both positions. After the election of 2003 Hoogervorst again returned as a Member of the House of Representatives, taking office on 30 January 2003. Following the cabinet formation of 2003 Hoogervorst was appointed as Minister of Health, Welfare and Sport in the Cabinet Balkenende II, taking office on 27 May 2003. The Cabinet Balkenende II fell on 30 June 2006 and continued to serve in a demissionary capacity until it was replaced by the

caretaker Caretaker may refer to: Arts, entertainment, and media * ''The Caretaker'' (film), a 1963 adaptation of the play ''The Caretaker'' * '' The Caretakers'', a 1963 American film set in a mental hospital * Caretaker, a character in the 1974 film '' ...

Cabinet Balkenende III with Hoogervorst remaining as Minister of Health, Welfare and Sport, taking office on 7 July 2006. In August 2006 Hoogervorst announced that he wouldn't stand for the election of 2006 but did serve as campaign manager for that election. The Cabinet Balkenende III was replaced by the Cabinet Balkenende IV following the cabinet formation of 2006 on 22 February 2007. Hoogervorst semi-retired from national politics and became active in the

public sector The public sector, also called the state sector, is the part of the economy composed of both public services and public enterprises. Public sectors include the public goods and governmental services such as the military, law enforcement, inf ...

, in August 2007 he was nominated as chairman of the executive board of the Authority for the Financial Markets (AFM), taking office on 15 September 2007. In May 2008 Hoogervorst was nominated as vice chairman of the supervisory board of the

International Organization of Securities Commissions The International Organization of Securities Commissions (IOSCO) is an association of organizations that regulate the world's securities and futures markets. Members are typically primary securities and/or futures regulators in a national jurisdic ...

(IOSCO), taking office on 29 May 2008. In June 2010 Hoogervorst was elected as chairman of the supervisory board of the International Organization of Securities Commissions, taking office on 9 June 2010. In June 2011 Hoogervorst was nominated as the chairman of the executive board of the International Accounting Standards Board (IASB), he resigned as chairman of the Authority for the Financial Markets and chairman of the International Organization of Securities Commissions the same day he was installed as chairman of the International Accounting Standards Board, taking office on 1 July 2011.

Biography

Early life

After completing his secondary education, he studied history at the

, graduating in 1981. He then went on to obtain a Master of Arts degree in international relations from

Johns Hopkins University SAIS The Paul H. Nitze School of Advanced International Studies (SAIS) is a graduate school of Johns Hopkins University based in Washington, D.C., United States, with campuses in Bologna, Italy, and Nanjing, China. It is consistently ranked one of th ...

in 1983. From 1983 to 1986 Hoogervorst worked as an international banking officer with the National Bank of Washington (

) and from 1986 to 1987 as a policy officer for international monetary affairs at the Dutch Ministry of Finance. From 1988 to 1994 he was a policy assistant on finance to the

(VVD) parliamentary party in the

House of Representatives House of Representatives is the name of legislative bodies in many countries and sub-national entitles. In many countries, the House of Representatives is the lower house of a bicameral legislature, with the corresponding upper house often c ...

and from 1994 to 1998 a

Member of Parliament A member of parliament (MP) is the representative in parliament of the people who live in their electoral district. In many countries with bicameral parliaments, this term refers only to members of the lower house since upper house members o ...

Politics

From 3 August 1998 Hoogervorst was State Secretary for Social Affairs and Employment in the second Kok

government A government is the system or group of people governing an organized community, generally a state. In the case of its broad associative definition, government normally consists of legislature, executive, and judiciary. Government is ...

. On 22 July 2002 he was appointed minister of finance in the first Balkenende government. From 16 October 2002 he was also responsible for the Dutch Ministry of Economic Affairs. On 27 May 2003 he was appointed Minister of Health, Welfare and Sports in the second Balkenende government. In this position, Hoogervorst introduced a basic health insurance policy, mandatory for all registered inhabitants, but executed by private insurers. In 2007 Hoogervorst succeeded

Arthur Docters van Leeuwen Arthur Docters van Leeuwen (8 May 1945 – 14 August 2020) was a Dutch politician, jurist and civil servant. He was member of the liberal political party VVD. Between 1999 and 2007 he was chairman of the Netherlands Authority for the Financial ...

as director of AFM, the Dutch financial market supervisory organization. On 1 July 2011 he became chairman of the IASB upon the retirement of Sir David Tweedie. Hoogervorst is faced with many challenges as the new IASB chairman. For instance, countries such as the U.S. and Japan have not yet adopted IFRS.

Decorations

References

External links

;Official *
Drs. J.F. (Hans) Hoogervorst MA
Parlement & Politiek {{DEFAULTSORT:Hoogervorst, Hans 1956 births Living people Dutch bankers Dutch campaign managers Dutch chief executives in the finance industry Dutch corporate directors Dutch expatriates in England Dutch expatriates in Spain Dutch expatriates in the United States Dutch financial advisors Dutch financial analysts Dutch nonprofit directors Dutch political consultants Dutch political writers Dutch speechwriters Financial economists Foreign policy writers Grand Officers of the Order of Leopold II International Accounting Standards Board members International economists Macroeconomists Members of the House of Representatives (Netherlands) Ministers of Economic Affairs of the Netherlands Ministers of Finance of the Netherlands Ministers of Health of the Netherlands Ministers of Sport of the Netherlands Monetary economists Monetarists Officers of the Order of Orange-Nassau Paul H. Nitze School of Advanced International Studies alumni Politicians from Haarlem People's Party for Freedom and Democracy politicians Public economists State Secretaries for Social Affairs of the Netherlands 20th-century Dutch civil servants 20th-century Dutch businesspeople 20th-century Dutch economists 20th-century Dutch male writers 20th-century Dutch politicians 21st-century Dutch civil servants 21st-century Dutch businesspeople 21st-century Dutch economists 21st-century Dutch male writers 21st-century Dutch politicians