Luc Frieden

From Wikipedia, the free encyclopedia
Jump to: navigation, search
Luc Frieden
Luc Frieden at IEIS Conference Arno J Mayer May 2013.jpg
Minister for Finances
In office
23 July 2009 – 4 December 2013
Prime Minister Jean-Claude Juncker
Preceded by Jean-Claude Juncker
Succeeded by Pierre Gramegna
Minister for Defence
In office
31 July 2004 – 22 February 2006
Prime Minister Jean-Claude Juncker
Preceded by Charles Goerens
Succeeded by Jean-Louis Schiltz
Minister for Justice
In office
30 January 1998 – 23 July 2009
Prime Minister Jean-Claude Juncker
Preceded by Marc Fischbach
Succeeded by François Biltgen
Minister for the Treasury and Budget
In office
30 January 1998 – 23 July 2009
Prime Minister Jean-Claude Juncker
Preceded by Marc Fischbach
Personal details
Born (1963-09-16) 16 September 1963 (age 51)
Esch-sur-Alzette, Luxembourg
Political party Christian Social People's Party
Alma mater University of Luxembourg
Pantheon-Sorbonne University
University of Cambridge
Harvard University

Luc Frieden (born 16 September 1963 in Esch-sur-Alzette) is a lawyer, business executive and former Finance Minister of Luxembourg. In September 2014 he joined Deutsche Bank as Vice Chairman.

Early life and education[edit]

Luc Frieden completed high school in his home country Luxembourg and received thereafter an international university education in France, the UK and the US. He graduated in business law from Université Paris 1 Panthéon-Sorbonne. He obtained a Master’s Degree in comparative law from the University of Cambridge (UK) and a further Master of Laws Degree from Harvard Law School. While at Harvard, he was also crossregistered at the Kennedy School of Government.

Besides his native tongue Luxembourgish, he speaks fluently English, German, French and has a good working knowledge of Dutch.

Political career[edit]

In 1994, Frieden was elected to the Chamber of Deputies of Luxembourg for the Christian Social People's Party (CSV), becoming, at the age of thirty, the then youngest member of the House. He was reelected in all general elections thereafter. While in Parliament, he chaired the Finance Committee as well as the Constitutional Committee and was a leading figure in the process leading to the establishment of a constitutional court and of independent administrative courts in Luxembourg.

In 1998, he became, at the age of thirty-four, Minister of Justice in the Government led by Prime Minister Jean-Claude Juncker. He also served as Minister for the Treasury and Budget from 1998 to 2009, and Minister of Finance from 2009 to 2013.

In the capacity of Minister for the Treasury and Budget, Frieden was responsible for the successful introduction of the euro as replacement for the Luxembourgish franc. During the Luxembourg Presidency of the Council of the European Union in 2005,[1] he chaired the European Council of Ministers of Justice and Home Affairs (JHA). As Minister of Finance he represented his country at the European Council of Ministers of Economic and Financial Affairs (Ecofin) as well as at the Eurogroup and participated in the stabilization of the Eurozone and the shaping of the European banking union. For 15 years, Frieden served as Governor of the World Bank and acted as Chairman of the Board of Governors of the International Monetary Fund and the World Bank Group in 2013.[2][3]

After Politics[edit]

Frieden joined Deutsche Bank as Vice Chairman. He is based in London and advises the Management Board and senior management on strategic aspects related to international and European affairs.[4]

References[edit]

Political offices
Preceded by
Marc Fischbach
Minister for Justice
1998–2009
Succeeded by
François Biltgen
Preceded by
Charles Goerens
Minister for Defence
2004–2006
Succeeded by
Jean-Louis Schiltz
Preceded by
Jean-Claude Juncker
Minister for Finances
2009–2013
Succeeded by
Pierre Gramegna