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Questions about Nout Wellink

Short answers, pulled from the story.

When was Arnout Henricus Elisabeth Maria Wellink born and where?

Arnout Henricus Elisabeth Maria Wellink arrived in the small village of Bredevoort on the 27th of August 1943. He began his academic journey at Leiden University in 1961 to study law.

What positions did Nout Wellink hold at De Nederlandsche Bank between 1982 and 2011?

Nout Wellink transitioned to become executive director of De Nederlandsche Bank in 1982. By 1997, he was named president of the bank and his second term as president concluded on the 1st of July 2011.

Why did parliamentary scrutiny arise regarding permits issued under Nout Wellink supervision?

Parliamentary scrutiny arose regarding permits issued for failing banks under his supervision because Landsbanki received a banking permit in 2008 while trading under the name Icesave. DSB also failed in 2009 after receiving a permit from De Nederlandsche Bank in 2005 with risk management flaws existing when the permit was awarded.

How long did Nout Wellink serve as chairman of the Basel Committee on Banking Supervision?

From 2006 through 2011, Wellink served as chairman of the Basel Committee on Banking Supervision. This committee examines ways to reconfigure global banking regulations.

What honors and board memberships did Nout Wellink receive after leaving office in 2011?

De Nederlandsche Bank appointed him to their governing board starting October 2012 and he received Commander of the Order of Orange-Nassau honors. A Knight of the Order of the Netherlands Lion title was also bestowed upon him and from November 2012, he sat on the board of the Bank of China.