Michel Camdessus
Photo: World Economic Forum from Cologny, Switzerland, CC BY-SA 2.0, via Wikimedia Commons12

Michel Camdessus

French economist and administrator

Michel Camdessus (born 1 May 1933) is a French economist who served as the seventh managing director of the International Monetary Fund (IMF) from 1987 to 2000, making him the longest-serving in that position. Prior to his tenure at the IMF, he served as the Governor of the Banque de France from 1984 to 1987, after a brief term as Deputy Governor from August to November 1984 when elevated to the top position.2

From Wikipedia’s article on Michel Camdessus (this version), CC BY-SA 4.0.

Born May 1, 1933.1

About

One notable events during his tenure at the IMF was the 1997 East Asian financial crisis. His role during the crisis has drawn criticism, for not paying attention to the unique circumstances of the East Asian countries and blindly imposing the measures that were followed in Mexico, leading to considerable turmoil and rioting in countries such as Indonesia.

Born in Bayonne, France, Mr. Camdessus studied at the University of Paris and earned postgraduate degrees in economics from the Institut d'Etudes Politiques de Paris (Sciences Po) in Paris and École nationale d'administration.

Camdessus is currently the president of the social initiative Semaines sociales de France (French social weeks), a social initiative, and a member of the Commission for Africa established by Tony Blair. He is also a member of the Pontifical Commission for Justice and Peace.

Additionally, Camdessus is a member of the Africa Progress Panel (APP), a group of ten distinguished individuals who advocate at the highest levels for equitable and sustainable development in Africa. As part of this Panel, he contributes to coalition-building, leverage and broker knowledge sharing, and influencing policies for lasting change in Africa.

From Wikipedia’s article on Michel Camdessus, shared under CC BY-SA 4.0.2

Companies

Early life and education

  • 1958 to 1960École nationale d'administration3
  • Date not recordedParis Institute of Political Studies3
  • Date not recordedUniversity of Paris3

Career

Occupation: economist, banker.7

  • 2001 to 2007President, Semaines sociales de France5
  • 2001 to 2007Chair, Semaines sociales de France6
  • 1987 to 2000Chief executive, International Monetary Fund4
  • 1987 to 2000Managing Director of the International Monetary Fund5
  • 1984 to 1987Governor of the Banque de France5
  • 1982 to 1984General director of the Treasury5

Personal life

  • BornMay 1, 1933, Bayonne8
  • CitizenshipFrance9

Awards

  • 2005Zerilli-Marimò Prize10
  • Date not recordedCommander of the Legion of Honour10
  • Date not recordedGrand Officer of the Legion of Honour10
  • Date not recordedKnight of the National Order of Merit10
  • Date not recordedOrder of Manas, 3rd class10