Victor Van Hoegaerden (1828 in

Brussels Brussels (french: Bruxelles or ; nl, Brussel ), officially the Brussels-Capital Region (All text and all but one graphic show the English name as Brussels-Capital Region.) (french: link=no, Région de Bruxelles-Capitale; nl, link=no, Bruss ...

– 1905) was a

Belgian Belgian may refer to: * Something of, or related to, Belgium * Belgians, people from Belgium or of Belgian descent * Languages of Belgium, languages spoken in Belgium, such as Dutch, French, and German *Ancient Belgian language, an extinct language ...

businessman and governor of the

National Bank of Belgium The National Bank of Belgium (NBB; nl, Nationale Bank van België, french: Banque nationale de Belgique, german: Belgische Nationalbank) has been the central bank of Belgium since 1850. The National Bank of Belgium was established with 100% pr ...

(NBB) from 1891 until 1905.

Career

He started his career as a businessman establishing

weaving mill Weaving is a method of textile production in which two distinct sets of yarns or threads are interlaced at right angles to form a fabric or cloth. Other methods are knitting, crocheting, felting, and braiding or plaiting. The longitudinal th ...

s in Ohain,

Lokeren Lokeren () is a City status in Belgium, city and Municipalities in Belgium, municipality located in the Belgian Provinces of Belgium, province of East Flanders, and belongs to the Waasland, also called ''Land van Waas'', of which it is the second ...

Tubize Tubize (; nl, Tubeke ) is a city and municipality of Wallonia located in the Belgian province of Walloon Brabant. On January 1, 2006 Tubize had a total population of 22,335. The total area is 32.66 km2 which gives a population density of 6 ...

Zele Zele () is a municipality located in the Belgian province of East Flanders, around 20 km east of Ghent. The municipality only comprises the town of Zele proper. In 2021, Zele had a total population of 21,333. The total area is 33.06 km2 ...

and

Ghent Ghent ( nl, Gent ; french: Gand ; traditional English: Gaunt) is a city and a municipality in the Flemish Region of Belgium. It is the capital and largest city of the East Flanders province, and the third largest in the country, exceeded in ...

. The mills of Tubize, Zele and Ghent would, years later, grow into the ''Usines Cotonnières de Belgique''. From the establishment of the

Caisse générale d'épargne et de retraite The Algemene Spaar- en Lijfrentekas / Caisse générale d'épargne et de retraite (ASLK / CGER, ) was a major Belgian public bank, originally created in 1850 as a pension institution. It was acquired in stages between 1993 and 1998 by Fortis Gro ...

in 1865, he became a member of its management board and became its president in 1889. In 1869 he was appointed to the discount committee of the NBB, and a year later he became a director. He succeeded Eugène Anspach as vice-governor of the NBB in 1888 and as governor in 1891. His term as governor of the NBB coincided with an economic revival after the economic depression which had lasted from 1873 until 1895. Under his leadership the Public Depository as a new department was established at the bank. From now on people could deposit all sorts of valuables or securities, and the bank would take charge of the deposits. On 26 March 1900 the law came into force which for the second time extended the term of the Bank by thirty years.

Sources

Victor Van Hoegaerden
{{DEFAULTSORT:Hoegaerden, Victor Van 1828 births 1905 deaths Businesspeople from Brussels 19th-century Belgian civil servants Governors of the National Bank of Belgium