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Klaas Knot, President of De Nederlandsche Bank (the Dutch Central Bank, DNB), has been appointed professor of Monetary Stability at the University of Amsterdam’s (UvA) Faculty of Economics and Business effective 1 January 2015. The position is non-salaried on a zero-hours basis.

Photo from Klaas Knot - president of the Nederlandsche Bank
Photo: De Nederlandsche Bank

By appointing Knot, the faculty aims to promote the exchange of knowledge between the practice of monetary policy on the one hand, and research-oriented higher education and research in the field of monetary economics on the other. Knot will give a number of lectures annually to Bachelor's and Master's students at the Faculty of Economics and Business. As President of DNB, Knot sits on the Governing Council and General Council of the European Central Bank (ECB). He is also a member of the Board of Directors of the Bank for International Settlements (BIS), a member of the Financial Stability Board (FSB), and Governor of the International Monetary Fund (IMF). He is therefore well equipped to provide students with insights into the importance of and conditions for monetary stability, as well as the relationship between the policies of DNB, ECB, BIS, FSB and IMF.

Prof. K.W.H. Knot (1967) has been President of DNB since 2011. Before joining the Governing Board of DNB, he was Deputy Treasurer-General and Director of Financial Markets at the Dutch Ministry of Finance (2009-2011). Prior to that, he worked at DNB for almost 12 years in a variety of positions including that of Director of the Supervisory Policy Division. In 1995 Knot was awarded a doctorate from the Faculty of Economics at the University of Groningen, where he has been professor of Economics of Central Banking since 2005. He has published a number of articles on monetary and financial economics in leading industry journals, including the Journal of Banking & Finance.