Christian Noyer (; born 6 October 1950) is a French economist who served as Governor of the Bank of France from 2003 to 2015. In this capacity, he chaired the

Bank for International Settlements The Bank for International Settlements (BIS) is an international financial institution which is owned by member central banks. Its primary goal is to foster international monetary and financial cooperation while serving as a bank for central bank ...

from 2010 until 2015. He had previously served as vice president of the

European Central Bank The European Central Bank (ECB) is the central component of the Eurosystem and the European System of Central Banks (ESCB) as well as one of seven institutions of the European Union. It is one of the world's Big Four (banking)#International ...

from 1998 to 2002.

Career

Appointed to the Treasury in the Ministry of the Economy and Finance in 1976, Noyer subsequently spent two years in Brussels from 1980 to 1982 at France's permanent representation to the European Communities. Back at the Treasury, he held a range of posts dealing with both domestic issues (government cash and debt management, banking affairs, financing of industry and state-owned enterprises) and international affairs (multilateral issues, export financing). In 1995, he became chief of staff to

Finance Minister A ministry of finance is a ministry or other government agency in charge of government finance, fiscal policy, and financial regulation. It is headed by a finance minister, an executive or cabinet position . A ministry of finance's portfoli ...

Jean Arthuis. Noyer was appointed Governor of the Bank of France in 2003 by then-President

Jacques Chirac Jacques René Chirac (, ; ; 29 November 193226 September 2019) was a French politician who served as President of France from 1995 to 2007. He was previously Prime Minister of France from 1974 to 1976 and 1986 to 1988, as well as Mayor of Pari ...

and confirmed for a second term by his successor,

Nicolas Sarkozy Nicolas Paul Stéphane Sarközy de Nagy-Bocsa ( ; ; born 28 January 1955) is a French politician who served as President of France from 2007 to 2012. In 2021, he was found guilty of having tried to bribe a judge in 2014 to obtain information ...

. During his tenure as Governor, he was also Chairman of the Autorité de contrôle prudentiel et de résolution (ACPR, the French Prudential Supervision and Resolution Authority for banks and insurance). He also chaired the supervisory boards of the Institut d'Émission des Départements d'Outre-Mer (IEDOM) and the Institut d'Émission d'Outre-Mer (IEOM), the French overseas note-issuing central banks.

Later career

In 2014, the daily newspaper ''

Le Monde (; ) is a mass media in France, French daily afternoon list of newspapers in France, newspaper. It is the main publication of Le Monde Group and reported an average print circulation, circulation of 480,000 copies per issue in 2022, including ...

'' reported that Noyer had been considered to succeed Baudouin Prot as chairman of private bank

BNP Paribas BNP Paribas (; sometimes referred to as BNPP or BNP) is a French multinational universal bank and financial services holding company headquartered in Paris. It was founded in 2000 from the merger of two of France's foremost financial instituti ...

; the post instead went to

Jean Lemierre Jean Lemierre (born 6 June 1950) is a French former public servant who was the president of the European Bank for Reconstruction and Development from 2000 to 2008. He is now chairman of BNP Paribas. Career Public sector In 2000, Lemierre was el ...

. In 2016, Noyer was appointed by Minister of the Economy, Finance and Recovery

Bruno Le Maire Bruno Le Maire (; born 15 April 1969) is a French politician, writer, and former diplomat who served as Economy and Finance Minister from 2017 to 2024 under President Emmanuel Macron. A former member of The Republicans (LR), which he left in ...

to lead a task force mandated with leading efforts to attract business from London in the wake of

Brexit Brexit (, a portmanteau of "Britain" and "Exit") was the Withdrawal from the European Union, withdrawal of the United Kingdom (UK) from the European Union (EU). Brexit officially took place at 23:00 GMT on 31 January 2020 (00:00 1 February ...

. He also led France's successful bid to relocate the

European Banking Authority The European Banking Authority (EBA) is a regulatory agency of the European Union headquartered in La Défense, Île-de-France. Its activities include conducting stress tests on European banks to increase transparency in the European financi ...

to Paris in 2017. In 2022, Le Maire extended Noyer's mission until 2024. In 2018, the French Treasury asked Noyer to study all possible options to reorganize Crédit Mutuel Arkéa, part of France's fifth-biggest lender, Groupe Crédit Mutuel.

Other activities

International organizations

International Monetary Fund The International Monetary Fund (IMF) is a major financial agency of the United Nations, and an international financial institution funded by 191 member countries, with headquarters in Washington, D.C. It is regarded as the global lender of las ...

(IMF), Ex-Officio Alternate Member of the Board of Governors (1993–1995, 2003–2015) *

Financial Stability Board The Financial Stability Board (FSB) is an international body that monitors and makes recommendations about the global financial system. It was established in the 2009 G20 Pittsburgh Summit as a successor to the Financial Stability Forum (FSF) ...

(FSB), Ex-Officio Member (2008–2015) *

World Bank The World Bank is an international financial institution that provides loans and Grant (money), grants to the governments of Least developed countries, low- and Developing country, middle-income countries for the purposes of economic development ...

, Ex-Officio Alternate Member of the Board of Governors (1993–1995)

Corporate boards

, Member of the Board of Directors (since 2021) *

Power Corporation of Canada Power Corporation of Canada is a management and holding company that focuses on financial services in North America, Europe and Asia. Its core holdings are insurance, retirement, wealth management and investment management, including a portfolio ...

, Member of the Board of Directors (since 2016)

Non-profit organizations

Group of Thirty The Group of Thirty, often abbreviated to G30, is an international body of financiers and academics which aims to deepen understanding of economic and financial issues and to examine consequences of decisions made in the public and private sec ...

, Member * French Institute of International Relations (IFRI), Member of the Board of Directors * Club de l'horloge, Member (1974–75).See Philippe Lamy's thesis, p. 579: http://www.theses.fr/2016PA080034/document.

References

External links

Short Biography
, - , - {{DEFAULTSORT:Noyer, Christian 1950 births Carrefour de l'horloge people Commanders of the Legion of Honour École nationale d'administration alumni French bankers French officials of the European Union Governors of the Banque de France Living people People from Soisy-sous-Montmorency Sciences Po alumni Vice presidents of the European Central Bank