Hans Hoogervorst
Encyclopedia
Hans Hoogervorst is a Dutch
political and business figure. He is chairman of the International Accounting Standards Board
.
(1998-2002).
After completing his secondary education, he studied history at the University of Amsterdam, graduating in 1981. He then went on to obtain a Master of Arts degree in international relations from Johns Hopkins University SAIS in Washington, D.C.
in 1983.
From 1983 to 1986 Hoogervorst worked as an international banking officer with the National Bank of Washington (Washington, D.C.
) 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 People's Party for Freedom and Democracy
(VVD) parliamentary party in the House of Representatives and from 1994 to 1998 a Member of Parliament
.
From 3 August 1998 Hoogervorst was State Secretary for Social Affairs and Employment in the second Kok
government
. 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.
Hoogervorst is faced with many challenges as the new IASB chairman. For instance, countries such as the U.S. and Japan have not yet adopted IFRS.
Dutch people
The Dutch people are an ethnic group native to the Netherlands. They share a common culture and speak the Dutch language. Dutch people and their descendants are found in migrant communities worldwide, notably in Suriname, Chile, Brazil, Canada, Australia, South Africa, New Zealand, and the United...
political and business figure. He is chairman of the International Accounting Standards Board
International Accounting Standards Board
The International Accounting Standards Board is an independent, privately funded accounting standard-setter based in London, England.The IASB was founded on April 1, 2001 as the successor to the International Accounting Standards Committee...
.
Career
Hoogervorst was the Minister of Health, Welfare and Sport of the Netherlands between May 2003 and February 2007. His previous positions in the Dutch government include Minister of Finance (2002-2003) and State Secretary (Deputy Minister) of Social Affairs and EmploymentEmployment
Employment is a contract between two parties, one being the employer and the other being the employee. An employee may be defined as:- Employee :...
(1998-2002).
After completing his secondary education, he studied history at the University of Amsterdam, graduating in 1981. He then went on to obtain a Master of Arts degree in international relations from Johns Hopkins University SAIS in Washington, D.C.
Washington, D.C.
Washington, D.C., formally the District of Columbia and commonly referred to as Washington, "the District", or simply D.C., is the capital of the United States. On July 16, 1790, the United States Congress approved the creation of a permanent national capital as permitted by the U.S. Constitution....
in 1983.
From 1983 to 1986 Hoogervorst worked as an international banking officer with the National Bank of Washington (Washington, D.C.
Washington, D.C.
Washington, D.C., formally the District of Columbia and commonly referred to as Washington, "the District", or simply D.C., is the capital of the United States. On July 16, 1790, the United States Congress approved the creation of a permanent national capital as permitted by the U.S. Constitution....
) 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 People's Party for Freedom and Democracy
People's Party for Freedom and Democracy
The People's Party for Freedom and Democracy is a conservative-liberal political party located in the Netherlands. The VVD supports private enterprise in the Netherlands and is often perceived as an economic liberal party in contrast to the social-liberal Democrats 66 alongside which it sits in...
(VVD) parliamentary party in the House of Representatives and from 1994 to 1998 a Member of Parliament
Member of Parliament
A Member of Parliament is a representative of the voters to a :parliament. In many countries with bicameral parliaments, the term applies specifically to members of the lower house, as upper houses often have a different title, such as senate, and thus also have different titles for its members,...
.
From 3 August 1998 Hoogervorst was State Secretary for Social Affairs and Employment in the second Kok
Wim Kok
Willem "Wim" Kok ; born September 29, 1938) is a retired Dutch politician of the Labour Party . He served as Prime Minister of the Netherlands from August 22, 1994 until July 22, 2002....
government
Government
Government refers to the legislators, administrators, and arbitrators in the administrative bureaucracy who control a state at a given time, and to the system of government by which they are organized...
. 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
Dutch Ministry of Economic Affairs
The Ministry of Economic Affairs, Agriculture & Innovation is a Dutch ministry with as head the Dutch Minister of Economic Affairs, currently Maxime Verhagen...
. 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
Arthur Docters van Leeuwen
Arthur Docters van Leeuwen is a Dutch politician, jurist and civil servant. He is member of the liberal political party VVD. Between 1999 and 2007 he was chairman of the Netherlands Authority for the Financial Markets, an agency of the Dutch government, which supervises Dutch financial...
as director of AFM
Netherlands Authority for the Financial Markets
The Netherlands Authority for the Financial Markets is the financial services regulatory authority for the Netherlands. Its role is comparable to the role of the SEC in the United States.-History:...
, the Dutch financial market supervisory organization.
On 1 July 2011 he became chairman of the IASB upon the retirement of Sir David Tweedie.
Hoogervorst is faced with many challenges as the new IASB chairman. For instance, countries such as the U.S. and Japan have not yet adopted IFRS.