Expertise
International Economics and Finance; International Financial Institutions
Experience
Mr. Ruding worked at the Ministry of Finance, The Hague (1965-1970), Amsterdam-Rotterdam Bank (AMRO Bank), Amsterdam (1971-1976) and, later, as a member of the Board of Managing Directors of AMRO. He was Executive Director of the International Monetary Fund (IMF), Washington, D.C. from 1977-1980. From November 1982 until November 1989 he served as the Minister of Finance of The Netherlands, for the Christian Democratic Party (CDA). From 1990 until 1992 Onno Ruding was Chairman of the Netherlands Christian Federation of Employers (NCW). From 1992 till 2003, Mr. Ruding was Vice Chairman of Citicorp/Citibank in New York. In 2002 he became Chairman of the Board of the Centre for European Policy Studies (CEPS) in Brussels, the largest independent think-tank in Europe. He served as a (non-Executive) Director of Corning, Unilever, Philips Electronics, ING Insurance, Alcan, RTL Group, Holcim and BNG Bank. Dr.Ruding is a member of the Trilateral Commission and a former member of the Pontifical Council Justice and Peace.
Education
Ruding holds a PH.D. in Economics from the Erasmus University in Rotterdam (formerly Netherlands School of Economics).