August 24, 2010 / 8:16 PM / 8 years ago

PROFILE-Greece's central bank governor George Provopoulos

Position: Bank of Greece Governor

Incumbent: George Provopoulos, 60

Term: June 2008 to June 2014

Key Facts: As a voting member of the European Central Bank’s Governing Council, Provopoulos is considered a pragmatist on monetary policy issues on the traditional dove-hawk divide.

— Having served as chief executive at two of Greece’s big banks, Provopoulos is a central banker with hands-on banking experience at a senior level. As chairman and CEO at Emporiki Bank, Greece’s fifth-largest lender, he oversaw the bank’s sale to Credit Agricole in 2006. He later served as CEO at Piraeus Bank, the country’s fourth-largest, as it expanded into southeast Europe.

— Before assuming duties of chief executive at Emporiki, Provopoulos was a senior management adviser at Alpha Bank from 1994-2004 and served as deputy governor at the Bank of Greece during 1990-93. He also chaired the council of economic advisers in 1989-90. In June 2000, six months before Greece joined the euro zone, Provopoulos wrote that the new big vision for the country would be to converge with its euro partners in real terms.

— After studying economics in Greece, Provopoulos went to Britain on a scholarship, obtaining his master’s and PhD degrees from Essex University and becoming a professor in 1979. Under Professor Angelos Angelopoulos, he took part in a committee mandated by Greek Prime Minister Xenophon Zolotas in 1990, under a coalition government, to prepare an economic policy report to stabilize Greece’s economy and return it to growth. He is married with three children. (Reporting by George Georgiopoulos; Editing by Paul Simao)

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