The Council of Ministers of the Kingdom will nominate prof. dr. Age Bakker to the Queen as the new chairman of the Board of financial supervision (College financieel toezicht – Cft). That has been decided by the Council of Ministers of the Kingdom on Friday November 18th. With this prof. Bakker will be the successor of prof. drs. Hans Weitenberg, who passed away in September.
Until last month Mr. Bakker (1950) was administrator at the International Monetary Fund (IMF) in Washington. In this position he was a member of the daily management at the IMF on behalf of the Dutch Kingdom. Within the IMF the administrator of the Kingdom looks after the interests of the Netherlands, Curaçao, Aruba and Sint Maarten, and other countries like Israel, Cyprus and some other Eastern European countries.
Mr. Bakker has studied in Grenoble, Amsterdam and Stanford and he is an expert on the Social Economic and Monetary Policy. Since 1995 he is a Professor on Monetary and Banking matters at Vrije Universiteit Amsterdam. He has made his career at the Dutch Central Bank (De Nederlandsche Bank) and has been a crown member of the Social Economic Council (SER) for 12 years.
The chairmanship of the Board has been vacant since September 1st when Hans Weitenberg resigned from this position for health reasons. Shortly after, he passed away. With the nomination of Prof. Bakker as the chairman of the Board, the Council of Ministers of the Kingdom perpetuates the course that has been deployed by prof. Weitenberg, because prof. Bakker is also known for his expertise on content and judgments.
Age Bakker will be the chairman of the Board of financial supervision for Curacao and Sint Maarten as well as for the Board of financial supervision BES. In the Board for Curaçao and Sint Maarten besides the chairman will be seated Margo Vliegenthart upon proposal of the Netherlands, Alberto Romero upon proposal of Curaçao and Richard Gibson upon proposal of Sint Maarten. In the Board for BES Margo Vliegenthart has sitting upon proposal of the Netherlands and Max Pandt upon proposal of the BES islands.