Johannes Franciscus "Hans" Hoogervorst (born 19 April 1956) is a retired Dutch politician of the

People's Party for Freedom and Democracy The People's Party for Freedom and Democracy ( , VVD) is a Conservative liberalism, conservative-liberal List of political parties in the Netherlands, political party in the Netherlands. The VVD, whose forerunner was the Freedom Party (Netherl ...

(VVD) and economist. He is the former chairman of the

International Accounting Standards Board The International Accounting Standards Board (IASB) is the independent accounting standard-setting body of the IFRS Foundation. The IASB was founded on April 1, 2001, as the successor to the International Accounting Standards Committee (IASC). ...

(IASB) from 1 July 2011 through 30 June 2021. Hoogervorst attended a Gymnasium in

Haarlem Haarlem (; predecessor of ''Harlem'' in English language, English) is a List of cities in the Netherlands by province, city and Municipalities of the Netherlands, municipality in the Netherlands. It is the capital of the Provinces of the Nether ...

from June 1968 until June 1974 and applied at the

University of Amsterdam The University of Amsterdam (abbreviated as UvA, ) is a public university, public research university located in Amsterdam, Netherlands. Established in 1632 by municipal authorities, it is the fourth-oldest academic institution in the Netherlan ...

in July 1974 majoring in

Modern history The modern era or the modern period is considered the current historical period of human history. It was originally applied to the history of Europe and Western history for events that came after the Middle Ages, often from around the year 1500, ...

and obtaining a

Bachelor of Arts A Bachelor of Arts (abbreviated B.A., BA, A.B. or AB; from the Latin ', ', or ') is the holder of a bachelor's degree awarded for an undergraduate program in the liberal arts, or, in some cases, other disciplines. A Bachelor of Arts deg ...

degree in June 1976 before graduating with a

Master of Arts A Master of Arts ( or ''Artium Magister''; abbreviated MA or AM) 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. Those admitted to the degree have ...

degree in July 1980. Hoogervorst applied at the Paul H. Nitze School of Advanced International Studies of the

Johns Hopkins University The Johns Hopkins University (often abbreviated as Johns Hopkins, Hopkins, or JHU) is a private university, private research university in Baltimore, Maryland, United States. Founded in 1876 based on the European research institution model, J ...

Baltimore Baltimore is the most populous city in the U.S. state of Maryland. With a population of 585,708 at the 2020 census and estimated at 568,271 in 2024, it is the 30th-most populous U.S. city. The Baltimore metropolitan area is the 20th-large ...

Maryland Maryland ( ) is a U.S. state, state in the Mid-Atlantic (United States), Mid-Atlantic region of the United States. It borders the states of Virginia to its south, West Virginia to its west, Pennsylvania to its north, and Delaware to its east ...

in March 1981 for a

postgraduate education Postgraduate education, graduate education, or graduate school consists of Academic degree, academic or professional degrees, certificates, diplomas, or other qualifications usually pursued by higher education, post-secondary students who have ...

International relations International relations (IR, and also referred to as international studies, international politics, or international affairs) is an academic discipline. In a broader sense, the study of IR, in addition to multilateral relations, concerns al ...

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. Washington, D.C., formally the District of Columbia and commonly known as Washington or D.C., is the capital city and federal district of the United States. The city is on the Potomac River, across from Virginia, and shares land borders with ...

from August 1983 until March 1986 and as a civil servant for the Ministry of Finance 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 to 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 be em ...

for the Leader of the People's Party for Freedom and Democracy

Frits Bolkestein Frederik "Frits" Bolkestein (; 4 April 1933 – 17 February 2025) was a Dutch politician and energy executive who served as Leader of the People's Party for Freedom and Democracy (VVD) from 1990 to 1998 and List of European Commissioners by nati ...

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 know ...

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 refers to monetary resources and to the study and discipline of money, currency, assets and liabilities. As a subject of study, is a field of Business Administration wich study the planning, organizing, leading, and controlling of an o ...

. 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 report into the Srebrenica massacre during the

Bosnian War The Bosnian War ( / Рат у Босни и Херцеговини) was an international armed conflict that took place in Republic of Bosnia and Herzegovina, Bosnia and Herzegovina between 1992 and 1995. Following several earlier violent incid ...

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 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 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 A campaign manager, campaign chairperson, or campaign director is an individual whose role is to coordinate a political campaign's spending, broad tactics, and hiring. They lead operations such as Campaign finance, fundraising, advertising, Opi ...

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, pu ...

, 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 (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

(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 in

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 entities. In many countries, the House of Representatives is the lower house of a bicameral legislature, with the corresponding upper house often ...

and from 1994 to 1998 a Member of Parliament.

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 (polity), state. In the case of its broad associative definition, government normally consists of legislature, executive (government), execu ...

. 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 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. He completed his 10 year term on 30 June 2021 and was succeeded by Andreas Barckow. Hoogervorst faced many challenges as the IASB chairman. For instance, countries such as the U.S. and Japan had 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 Second Kok cabinet members