Erkki Liikanen

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Person.png Erkki Liikanen  Rdf-entity.pngRdf-icon.png
(central banker)
Erkki Liikanen.jpg
Born19 September 1950
Mikkeli, Finland
SpouseHanna-Liisa Issakainen
Member ofTrilateral Commission
PartySocial Democratic Party of Finland
Finnish central banker, European Commissioner who was mooted as candidate for President of the European Central Bank in 2019

Employment.png Governor of Bank of Finland Wikipedia-icon.png

In office
12 July 2004 - 12 July 2018
Preceded byMatti Vanhala
Succeeded byOlli Rehn
Mooted as candidate for President of the European Central Bank in 2019

Employment.png Finland/Minister of Finance

In office
30 April 1987 - 28 February 1990

Employment.png Finland/Member of Parliament

In office
22 January 1972 - 31 August 1990

Erkki Antero Liikanen is a Finnish social democratic politician and a former Governor of the Bank of Finland.[1][2]

He attended 4 Bilderberg meetings, in 1999 as European Commissioner; in 2005 as newly appointed Governor of Bank of Finland; in 2019 when mooted as candidate for President of the European Central Bank; and in 2022.

He is a member of the Trilateral Commission.

Early life and education

Erkki Antero Liikanen obtained a bachelor’s degree in Political Science (Economics) from the University of Helsinki in 1975.[3]

Political career

Liikanen was elected to the Finnish Parliament in 1972 when he was only 21 years old. Liikanen was appointed as the Minister of Finance in the Holkeri Cabinet in 1987.[4] He left Parliament in 1990 to become the first Finnish Ambassador to the European Union.[5]

In 1994 he became the first Finnish Member of the European Commission. He was Commissioner for Budget, Personnel and administration, which included responsibilities for translation and information technology.[6]

Liikanen served as Governor of the Bank of Finland from 12 July 2004. As such he also became a Member of the Governing Council of the European Central Bank (2004–2018) and Governor of the International Monetary Fund for Finland (2004–2018).[7]

In February 2012, EU Commissioner Michel Barnier asked Liikanen to chair a group of experts to assess the need for structural reforms to the EU banking sector. Their works is known as the Liikanen report was published on 2 October 2012.

Liikanen was also the chairman of Finnish Red Cross between June 2008 and June 2014.

In early 2019, a Reuters poll of economists found that while Benoît Cœuré was considered best-suited for the role as President of the European Central Bank, the most likely compromise candidate was Liikanen.[8]

Positions held

  • Chairman of the Board of the Bank of Finland, 12 July 2004– (Present position)
  • 1995–2004 Member of the European Commission, Brussels
  • 1990–1994 Ambassador Extraordinary and Plenipotentiary, Head of Finnish Mission to the European Union, Brussels
  • 1987–1990 Minister of Finance
  • 1983–1987 Parliamentary Trustee to the Bank of Finland (Vice-Chairman), Speaker's Council
  • 1981–1987 Secretary-General of the Social Democratic Party
  • 1980–1989 Member and subsequently Chairman of the Supervisory Board of the Outokumpu (steel)
  • 1978, 1982, 1988 Elected as Member of the Electoral College to select the Finnish President
  • 1972–1990 Member of Parliament; member of Cultural Affairs Committee (1972–1975), Agriculture and Forestry Committee (Vice-Chairman) (1977–1979), Foreign Affairs Committee (member 1975–1982; Chairman 1983–1987)

Other activities

International organizations


Events Participated in

Bilderberg/19993 June 19996 June 1999Portugal
The 47th Bilderberg, 111 participants
Bilderberg/20055 May 20058 May 2005Germany
The 53rd Bilderberg, 132 guests
Bilderberg/201930 May 20192 June 2019Switzerland
The 67th Bilderberg Meeting
Bilderberg/20222 June 20225 June 2022US
Washington DC
Mandarin Oriental Hotel
The 68th Bilderberg Meeting, held in Washington DC, after an unprecedented two year hiatus during which a lot of the Bilderberg regulars were busy managing COVID-19
WEF/Annual Meeting/200421 January 200425 January 2004World Economic Forum
2069 billionaires, CEOs and their politicians and "civil society" leaders met under the slogan Partnering for Prosperity and Security. "We have the people who matter," said World Economic Forum Co-Chief Executive Officer José María Figueres.