Klaas Henderikus Willem Knot (born 14 April 1967) is a Dutch economist and central banker who is the current President of the Dutch central bank De Nederlandsche Bank (DNB).[1] In this capacity he serves as a member of the Governing Council of the European Central Bank (ECB), as well as of the Board of Governors of the International Monetary Fund (IMF). Knot also holds a position as Professor in Monetary Stability at the University of Amsterdam[2] and honorary professor at the University of Groningen.[3]
Klaas Knot
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Speaking at the 2022 World Economic Forum
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| Chair of the Financial Stability Board | |
| Assumed office 2 December 2021 | |
| Preceded by | Randal Quarles |
| President of De Nederlandsche Bank | |
| Assumed office 1 July 2011 | |
| Preceded by | Nout Wellink |
| Personal details | |
| Born | Klaas Henderikus Willem Knot (1967-04-14) 14 April 1967 (age 57) Bedum, Netherlands |
| Education | University of Groningen |
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Knot was born in the town of Bedum near Groningen. After completing his secondary education (vwo) at the Andreas College in Drachten, he studied economics at the University of Groningen. In 1995 he was awarded a doctorate from the same institution, with his doctoral thesis concerning the differences in budget deficits and interest rates on government bonds between Members States of the European Union.[4][5]
After obtaining his doctorate Knot began working as a Senior Economist at De Nederlandsche Bank in the Department of Monetary and Economic Policy. In 1998 he left this post to become an economist in the European Department of the International Monetary FundinWashington D.C. A year later, he returned to De Nederlandsche Bank, as the Head of Banking and Supervisory Strategies Department. After serving in this capacity for three years, in December 2002 he left De Nederlandsche Bank again to become the Director of the Dutch Pensions and Insurance Authority, charged with supervision of all Dutch pension funds and insurance companies. In 2004 the Pensions and Insurance Authority was merged with De Nederlandsche Bank, and Knot was appointed as Director of the Supervisory Policy Division at De Nederlandsche Bank. In 2009 he left De Nederlandsche Bank once more to become Director of Financial Markets, and Deputy Treasurer General of the Dutch Ministry of Finance.[6][non-primary source needed] Knot was the Vice Chairman of the Financial Stability Board from 2018 to 2021 when he replaced Randal Quarles as Chairman.[7]
Knot is married and has two children. He currently lives in Amsterdam, which is where De Nederlandsche Bank is headquartered.[citation needed]
| Government offices | ||
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| Preceded by | President of De Nederlandsche Bank 2011–present |
Incumbent |
| Diplomatic posts | ||
| Preceded by | Chair of the Financial Stability Board 2021–present |
Incumbent |