Short answers, pulled from the story.
Nout Wellink is a Dutch economist and former central banker, born on the 27th of August 1943 in Bredevoort. In 2010, Financial News named him the person believed to have wielded the greatest influence on worldwide financial oversight, particularly for his work on capital requirements and liquidity rules for global banks.
Wellink was named president of De Nederlandsche Bank in 1997, and his second term ended on the 1st of July 2011, giving him roughly fourteen years in that role. He had first joined the bank as executive director in 1982.
Wellink served as chairman of the Basel Committee on Banking Supervision from 2006 through 2011. The committee examines and proposes ways to reconfigure global banking regulations, and Wellink argued that a resilient banking system is central to sound financial markets and growth.
Three major banking failures drew scrutiny to DNB during Wellink's tenure: the collapse of Landsbanki's Dutch arm Icesave in 2008, the bankruptcy of DSB in 2009 after DNB had granted it a permit in 2005, and the approval of the Fortis-led acquisition of ABN Amro, which ended in the nationalization of both Fortis and ABN Amro in 2008. The Dutch parliament criticized DNB's actions in each case.
Wellink was a director of the Bank for International Settlements from 1997 to 2012 and served as its chairman of the board from 2002 through 2006. He was also a member of the Governing Council of the European Central Bank from 1999 to 2012, a governor of the International Monetary Fund, and a member of the Financial Stability Board.
Wellink was named a Commander of the Order of Orange-Nassau and a Knight of the Order of the Netherlands Lion. He also received an honorary doctorate from the University of Tilburg.