Gerrit Zalm

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Gerrit Zalm
GZalm.jpg
Minister of Economic Affairs
In office
3 July 2006 – 7 July 2006
Prime Minister Jan Peter Balkenende
Preceded by Laurens Jan Brinkhorst
Succeeded by Joop Wijn
Deputy Prime Minister of the Netherlands
In office
27 May 2003 – 22 February 2007
Served with Thom de Graaf (2003–2005),
Laurens Jan Brinkhorst (2005–2006)
Prime Minister Jan Peter Balkenende
Preceded by Johan Remkes
Eduard Bomhoff
Succeeded by Wouter Bos
André Rouvoet
Minister of Finance
In office
27 May 2003 – 22 February 2007
Prime Minister Jan Peter Balkenende
Preceded by Hans Hoogervorst
Succeeded by Wouter Bos
In office
22 August 1994 – 22 July 2002
Prime Minister Wim Kok
Preceded by Wim Kok
Succeeded by Hans Hoogervorst
Leader of the People's Party for Freedom and Democracy
In office
16 May 2002 – 27 November 2004
Preceded by Hans Dijkstal
Succeeded by Jozias van Aartsen
Leader of the People's Party for Freedom and Democracy in the House of Representatives
In office
16 May 2002 – 27 May 2003
Preceded by Hans Dijkstal
Succeeded by Jozias van Aartsen
Personal details
Born Gerrit Zalm
(1952-05-06) 6 May 1952 (age 62)
Enkhuizen, Netherlands
Political party People's Party for Freedom and Democracy
Spouse(s) First wife (1971–1978)
Lydia Brouwer (1982–present)
Children 1 daughter (First wife)
1 son (First wife)
1 daughter (with Lydia)
2 sons (with Lydia)
Alma mater Free University
Religion Agnosticism
Website Corporate website

Gerrit Zalm (born May 6, 1952) is a retired Dutch politician of the People's Party for Freedom and Democracy (VVD). He served as Minister of Finance and Deputy Prime Minister from May 27, 2003 until February 22, 2007 in the Cabinets Balkenende II and III. He served earlier as Minister of Finance in the Cabinets Kok I and II from August 22, 1994 until July 22, 2002. After his term as Minister of Finance ended in 2002 he was selected by the People's Party for Freedom and Democracy to succeed retiring Party leader and Parliamentary leader in House of Representatives Hans Dijkstal. He served in this position for a full year for before becoming Minister of Finance and Deputy Prime Minister in the Cabinet Balkenende II.[1]

He was the longest serving Minister of Finance in the History of the Netherlands and has been responsible for numerous reforms of the Economy of the Netherlands. He retired from politics after the completion of the term of the Cabinet Balkenende III.

On February 28, 2009 he was named as the CEO of the newly government owned bank ABN AMRO.[2]

Biography[edit]

Early life[edit]

Following his graduation from high school ("HBS-A" level) in Enkhuizen, Zalm began a study in economics at the Vrije Universiteit in Amsterdam, from which he graduated in 1975. In the same year he joined the Ministry of Finance. From 1983 he worked for the Ministry of Economic Affairs, where he eventually became a director. In 1988 he was appointed deputy director of the Centraal Planbureau, a state institution that, among other things, calculates the financial effects of government plans. In 1989 he became director there. In that capacity Zalm had, although not formally a politician, a significant influence on politics. From 1990 he also gave lectures at the Vrije Universiteit.

Politics[edit]

Between 22 August 1994 and 22 July 2002, Zalm, member of the market liberal party People's Party for Freedom and Democracy, was Minister of Finance in the first and second Wim Kok administrations. The Dutch economy being very healthy during those years, he did not experience large difficulties. However, he did introduce certain standards that are in effect until now, among which the Zalmnorm (Zalm standard) which describes a state policy by which the state does not respond extremely to economic fluctuations but just counteracts them.During the first, short Balkenende administration, Zalm was the acting leader of the People's Party for Freedom and Democracy group in parliament. On 27 May 2003 he started his third term as Minister of Finance, in the second Balkenende administration, also serving as Deputy Prime Minister. On 30 June 2006, he succeeded Laurens Jan Brinkhorst as Minister of Economic Affairs, ad interim, with most tasks delegated to junior minister Karien van Gennip. On 7 July 2006 Joop Wijn was appointed as the new Minister of Economic Affairs.

After politics[edit]

On 26 November 2006, he announced in the Sunday morning talk show Buitenhof that he would step down from politics and would probably seek employment in the private sector. Zalm ended up working for the DSB Bank, a bank known for giving loans to lower-income people. On 21 November it was announced by Prime minister Jan Peter Balkenende that Zalm will be the new CEO of the bank resulting from the merger of ABN and Fortis Netherlands, two recently nationalized banks.[3]

Personal[edit]

Zalm is a fan of Pinball and during his second term as Minister of Finance he had a pinball machine in his department.

In 2004 he had a Cameo appearance in the movie Cool of Theo van Gogh.[4]

http://www.hpdetijd.nl/2009-06-03/gerrit-zalm/

Decorations[edit]

References[edit]

External links[edit]

Civic offices
Preceded by
Peter de Ridder
Director of the Bureau for Economic Policy Analysis
1989–1994
Succeeded by
Henk Don
Political offices
Preceded by
Wim Kok
Minister of Finance
1994–2002
Succeeded by
Hans Hoogervorst
Preceded by
Laurens Jan Brinkhorst
Minister of Economic Affairs
2006
Succeeded by
Joop Wijn
Preceded by
Johan Remkes
Roelf de Boer
Deputy Prime Minister of the Netherlands
2003–2007
Served alongside: Thom de Graaf (2003–2005), Laurens Jan Brinkhorst (2005–2006)
Succeeded by
Wouter Bos
André Rouvoet
Preceded by
Hans Hoogervorst
Minister of Finance
2003–2007
Succeeded by
Wouter Bos
Party political offices
Preceded by
Hans Dijkstal
Leader of the People's Party for Freedom and Democracy
2002–2004
Succeeded by
Jozias van Aartsen
Leader of the People's Party for Freedom and Democracy in the House of Representatives
2002–2003
Business positions
Preceded by
Rijkman Groenink
Chairman of ABN AMRO
2009–present
Incumbent
Chief Executive Officer of ABN AMRO
2009–present
New office Chairman of the ABN AMRO Group
2009–present
Chief Executive Officer of the ABN AMRO Group
2009–present