Mr. Peter Praet serves as a Member of Executive Board, Chief of Economics and Member of Governing Council of ECB and has been on its Executive Board since June 2011. He is responsible for human resources, budget and payment systems at ECB. He has been a Professor in Economics at the ULB since 1980 and teaches money and banking.
Dr. Praet earned a Ph.D. in economics from the Université Libre de Bruxelles (ULB) in 1980, Bachelors in economics from ULB in 1971 and Masters in economics from ULB in 1972. Before joining the National Bank, Mr. Praet served as Chief of Cabinet for the Belgian Minister of Finance from 1999 to 2000, as Chief Economist of Générale de Banque and Fortis Bank from 1988 to 1999, as Professor of Economics at the Université Libre de Bruxelles from 1980 to 1987, and as Economist at the International Monetary Fund from 1978 to 1980.
From 2001 to 2004 he held the Chair of Business Ethics at the Faculté Polytechnique and the Solvay Business School of the ULB. Mr. Praet served as Secretary of Banque Nationale De Belgique SA. He serves as a Member of the board of the Brussels European and Global Economic Laboratory (BRUEGEL) and the European Policy Centre. Mr. Praet serves as a Member of Council of Regency of Nationale Bank Van België - Belgische Nationalbank Sa. He serves as a Director of CBFA Board of Directors. He serves as a Director of the XBRL Belgique non-profit organisation. He serves as a Director of Bruegel.