Steven Vanackere to become director of Nationale Bank

The Belgian government has put the name of Steven Vanackere forward for the post of director of Nationale Bank, Belgium’s central bank. The bank’s council is expected to formalise the appointment today.

Flemish Christian democrat politician Steven Vanackere succeeds Marcia De Wachter, who leaves the bank after a career spanning thirty years. She was recently elected as a local councillor in Overijse (Flemish Brabant).

Mr Vanackere served as finance minister and deputy PM under PM Elio Di Rupo. He holds a degree in law and in economic sciences. Nationale Bank governor Jan Smets is set to retire soon. He will be succeeded by the current deputy governor Pierre Wunsch, viewed as a francophone liberal.

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