Hans Hoogervorst

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Hans Hoogervorst
HHoogervorst.jpg
Chairman of the International Accounting Standards Board
Incumbent
Assumed office
1 July 2011
Preceded by David Tweedie
Minister of Health, Welfare and Sport
In office
27 May 2003 – 22 February 2007
Prime Minister Jan Peter Balkenende
Preceded by Eduard Bomhoff
Succeeded by Ab Klink
Minister of Finance
In office
22 July 2002 – 27 May 2003
Prime Minister Jan Peter Balkenende
Preceded by Gerrit Zalm
Succeeded by Gerrit Zalm
State Secretary for Social Affairs and Employment
In office
3 August 1998 – 22 July 2002
Prime Minister Wim Kok
Preceded by Frank de Grave
Succeeded by Mark Rutte
Personal details
Born (1956-04-19) April 19, 1956 (age 58)
Haarlem, Netherlands
Political party VVD
Alma mater University of Amsterdam
Johns Hopkins University

Hans Hoogervorst (born 19 April 1956 in Haarlem) is a Dutch political and business figure. He is chairman of the International Accounting Standards Board.

Career[edit]

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 Employment (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.[1]

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.[2]

References[edit]

  1. ^ "A welcome from the incoming Chairman of the International Accounting Standards Board.". IFRS. 1 July 2011. Retrieved 11 July 2011. 
  2. ^ "New IASB Leader Embraces Challenges.". Journal of Accountancy. September 2011. Retrieved 3 November 2011. 
Preceded by
Frank de Grave
State Secretary for Social Affairs and Employment
1998–2002
Succeeded by
Mark Rutte
Preceded by
Gerrit Zalm
Minister of Finance of the Netherlands
2002–2003
Succeeded by
Gerrit Zalm
Preceded by
Els Borst
Minister of Health, Welfare and Sport
2003–2007
Succeeded by
Ab Klink