Bart le Blanc
Encyclopedia
Bart Le Blanc, is an economist, with a career spanning the sectors of public finance
, banking and asset management.
since 1991.
He is married to Gerardine van Lanschot.
, Bart Le Blanc's first professional position was at the Office of the Prime Minister in the Netherlands, first as a junior adviser for social and economic affairs followed by an appointment as deputy secretary of the Council of Ministers.
In 1979 he was appointed deputy Director-General for the Civil Service at the Ministry of Interior. In 1980 this was followed by his appointment as Director-General of the Budget at the Ministry of Finance in the Netherlands.
In 1983 Bart Le Blanc moved to the financial sector taking up a Board position at F. van Lanschot Bankiers N.V., a private bank
in the Netherlands, where he was appointed deputy chairman of the executive board in 1989.
When at the end of the 1990s the Soviet system
collapsed and the international community came together to provide (financial) support for the transition of the former Soviet states to market economies
, he was asked to participate in the preparatory team for the establishment of the European Bank for Reconstruction and Development
(EBRD) in London
.
He took up the role of the EBRD's first Secretary-General and member of the Executive Committee in April 1991. In 1994 Bart Le Blanc was appointed the Bank's Vice-President Finance (CFO).
In September 1994 Bart Le Blanc left the E.B.R.D to join La Caisse des Dépôts et Consignations (CDC) in Paris as Director of International Finance, and President of CDC's project financing
vehicle CDC Projects.
In 2004 Bart Le Blanc moved from the financial sector into industry
. He was appointed to the Executive Board and CFO of URENCO Ltd.
, the market leader in fuel for nuclear power stations through the enrichment of uranium
. He retired from this position on the 1st of April 2011 handing over his responsibilities to Friso van Oranje who previously worked at McKinsey
and Goldman Sachs
.
Since 2003 Bart Le Blanc is a member of the Board of the Stichting Pensioenfonds ABP
in the Netherlands, one of the largest pension fund
s in the world with a total asset base of euro 240 billion. He also serves on the ABP investment committee and its audit committee.
In April 2011 he joined Andreas Capital Sarl. in Luxembourg as senior partner. Andreas Capital is a new initiative of senior Finance professionals offering investment advisory services by adapting approaches and tools designed for institutional investors for services private clients such as a selected group of ultra high net worth
individuals and family offices.
Public finance
Public finance is the revenue and expenditure of public authoritiesThe purview of public finance is considered to be threefold: governmental effects on efficient allocation of resources, distribution of income, and macroeconomic stabilization.-Overview:The proper role of government provides a...
, banking and asset management.
Personal Details
Bart Le Blanc has lived in the UKUnited Kingdom
The United Kingdom of Great Britain and Northern IrelandIn the United Kingdom and Dependencies, other languages have been officially recognised as legitimate autochthonous languages under the European Charter for Regional or Minority Languages...
since 1991.
He is married to Gerardine van Lanschot.
Career
After his educationEducation
Education in its broadest, general sense is the means through which the aims and habits of a group of people lives on from one generation to the next. Generally, it occurs through any experience that has a formative effect on the way one thinks, feels, or acts...
, Bart Le Blanc's first professional position was at the Office of the Prime Minister in the Netherlands, first as a junior adviser for social and economic affairs followed by an appointment as deputy secretary of the Council of Ministers.
In 1979 he was appointed deputy Director-General for the Civil Service at the Ministry of Interior. In 1980 this was followed by his appointment as Director-General of the Budget at the Ministry of Finance in the Netherlands.
In 1983 Bart Le Blanc moved to the financial sector taking up a Board position at F. van Lanschot Bankiers N.V., a private bank
Private bank
Private banks are banks that are not incorporated. A private bank is owned by either an individual or a general partner with limited partner...
in the Netherlands, where he was appointed deputy chairman of the executive board in 1989.
When at the end of the 1990s the Soviet system
Soviet Union
The Soviet Union , officially the Union of Soviet Socialist Republics , was a constitutionally socialist state that existed in Eurasia between 1922 and 1991....
collapsed and the international community came together to provide (financial) support for the transition of the former Soviet states to market economies
Market economy
A market economy is an economy in which the prices of goods and services are determined in a free price system. This is often contrasted with a state-directed or planned economy. Market economies can range from hypothetically pure laissez-faire variants to an assortment of real-world mixed...
, he was asked to participate in the preparatory team for the establishment of the European Bank for Reconstruction and Development
European Bank for Reconstruction and Development
Founded in 1991, the European Bank for Reconstruction and Development uses the tools of investment to help build market economies and democracies in 30 countries from central Europe to central Asia. Its mission was to support the formerly communist countries in the process of establishing their...
(EBRD) in London
London
London is the capital city of :England and the :United Kingdom, the largest metropolitan area in the United Kingdom, and the largest urban zone in the European Union by most measures. Located on the River Thames, London has been a major settlement for two millennia, its history going back to its...
.
He took up the role of the EBRD's first Secretary-General and member of the Executive Committee in April 1991. In 1994 Bart Le Blanc was appointed the Bank's Vice-President Finance (CFO).
In September 1994 Bart Le Blanc left the E.B.R.D to join La Caisse des Dépôts et Consignations (CDC) in Paris as Director of International Finance, and President of CDC's project financing
Project finance
Project finance is the long term financing of infrastructure and industrial projects based upon the projected cash flows of the project rather than the balance sheets of the project sponsors...
vehicle CDC Projects.
In 2004 Bart Le Blanc moved from the financial sector into industry
Industry
Industry refers to the production of an economic good or service within an economy.-Industrial sectors:There are four key industrial economic sectors: the primary sector, largely raw material extraction industries such as mining and farming; the secondary sector, involving refining, construction,...
. He was appointed to the Executive Board and CFO of URENCO Ltd.
Urenco Group
The URENCO Group is a nuclear fuel company operating several uranium enrichment plants in Germany, Netherlands, the United Kingdom, and the United States. It supplies nuclear power stations in about 15 countries, and has a 25% share of the global market for enrichment services...
, the market leader in fuel for nuclear power stations through the enrichment of uranium
Uranium
Uranium is a silvery-white metallic chemical element in the actinide series of the periodic table, with atomic number 92. It is assigned the chemical symbol U. A uranium atom has 92 protons and 92 electrons, of which 6 are valence electrons...
. He retired from this position on the 1st of April 2011 handing over his responsibilities to Friso van Oranje who previously worked at McKinsey
McKinsey & Company
McKinsey & Company, Inc. is a global management consulting firm that focuses on solving issues of concern to senior management. McKinsey serves as an adviser to many businesses, governments, and institutions...
and Goldman Sachs
Goldman Sachs
The Goldman Sachs Group, Inc. is an American multinational bulge bracket investment banking and securities firm that engages in global investment banking, securities, investment management, and other financial services primarily with institutional clients...
.
Since 2003 Bart Le Blanc is a member of the Board of the Stichting Pensioenfonds ABP
Stichting Pensioenfonds ABP
Stichting Pensioenfonds ABP , frequently referred to as ABP, is the pension fund for government and education employees in the Netherlands...
in the Netherlands, one of the largest pension fund
Pension fund
A pension fund is any plan, fund, or scheme which provides retirement income.Pension funds are important shareholders of listed and private companies. They are especially important to the stock market where large institutional investors dominate. The largest 300 pension funds collectively hold...
s in the world with a total asset base of euro 240 billion. He also serves on the ABP investment committee and its audit committee.
In April 2011 he joined Andreas Capital Sarl. in Luxembourg as senior partner. Andreas Capital is a new initiative of senior Finance professionals offering investment advisory services by adapting approaches and tools designed for institutional investors for services private clients such as a selected group of ultra high net worth
Net worth
In business, net worth is the total assets minus total outside liabilities of an individual or a company. For a company, this is called shareholders' preference and may be referred to as book value. Net worth is stated as at a particular year in time...
individuals and family offices.