Matti Kalevi Louekoski (born 14 April 1941) is a Finnish politician and a lawyer by profession. He is a member of the

Social Democratic Party of Finland The Social Democratic Party of Finland ( , SDP, nicknamed: ''demarit'' in Finnish; , SD) is a social democratic political party in Finland. It is the third-largest party in the Parliament of Finland with a total of 43 seats. Founded in 1899 as ...

(SDP) and a former long-term member of the governing board of the

Bank of Finland The Bank of Finland (, ) is the national central bank for Finland within the Eurosystem. It was the Finnish central bank from 1865 to 1998, issuing the markka. It views itself as the fourth oldest surviving central bank in the world, after Swed ...

. Louekoski was born in

Oulu Oulu ( , ; ) is a city in Finland and the regional capital of North Ostrobothnia. It is located on the northwestern coast of the country at the mouth of the Oulujoki, River Oulu. The population of Oulu is approximately , while the Oulu sub-regio ...

, and was elected to the Parliament for the periods of 1976-1979 and 1983–1996. He was a member of several cabinets, including Minister of Education in Aura cabinet of 1971,

Minister of Justice A justice ministry, ministry of justice, or department of justice, is a ministry or other government agency in charge of the administration of justice. The ministry or department is often headed by a minister of justice (minister for justice in a ...

in Sorsa cabinet 1972–1975, Minister of Justice in Holkeri cabinet 1987–1990. In 1990 Louekoski became the

Minister of Finance 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 portfolio ...

in Holkeri cabinet when

Erkki Liikanen Erkki Antero Liikanen (born 19 September 1950) is a Finnish social democratic politician and a former Governor of the Bank of Finland. Early life and education Erkki Antero Liikanen obtained a bachelor’s degree in Political Science (Economic ...

became the ambassador to European Union. Louekoski's term as the Minister of Finance ended in the 1991 elections. Louekoski held the post of a minister for total 2,782 days. Louekoski served also in the

Espoo Espoo (, ; ) is a city in Finland. It is located to the west of the capital, Helsinki, in southern Uusimaa. The population is approximately . It is the most populous Municipalities of Finland, municipality in Finland. Espoo is part of the Helsi ...

city council 1977–2002. He was a member of the board of Imatra power 1974-1990 and a member of

Finnish Olympic Committee The Finnish Olympic Committee (; ) is the national Olympic committee in Finland for the Olympic Games movement. It is a non-profit organisation that selects teams, and raises funds to send Finnish competitors to Olympic events organised by the I ...

1988–1993. Louekoski left the Parliament in 1996 to become a member of the board of the Bank of Finland. He acted as the deputy chairman of the board 2000–2008. He retired on 1 January 2008.

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Further reading