Jiří Rusnok

Article

May 28, 2022

Jiří Rusnok (born October 16, 1960 in Ostrava) is an economist and politician, from June 2013 to January 2014 the chairman of the so-called official government of the Czech Republic. Then a member of the Bank Board of the Czech National Bank, its governor since July 2016. Rusnok was the last of the three finance ministers of the Social Democratic government of Miloš Zeman since April 2001, and in the subsequent coalition government of Vladimír Špidla he was the minister of industry and trade until March 2003. After the conflict with Špidla and retiring from politics, he worked for ING Penzijní fond and various professional associations. On Tuesday, June 25, 2013, President Zeman appointed him Prime Minister and commissioned him to form a "government of experts". Jiří Rusnok's government took the oath of office to the President on July 10, and on August 7 did not gain the confidence of the Chamber of Deputies in a ratio of 93: 100 votes; however, she remained in office for a record period until the appointment of Bohuslav Sobotka's government on January 29, 2014.

Biography

He graduated from the Grammar School in Český Těšín, graduated from the Faculty of Economics at the University of Economics in Prague in 1984, then joined the State Planning Commission as a clerk in the Department of Long-Term Prospects, and later worked at the Federal Ministry for Strategic Planning. Before 1989, he was a candidate for membership in the Communist Party. In 1992–1998 he was an advisor and head of the socio-economic department of the Czech-Moravian Confederation of Trade Unions. In January 1998, he joined the CSSD. In August 1998, he was appointed Deputy Minister of Labor and Social Affairs Vladimír Špidla in Miloš Zeman's government. In the municipal elections in October 1998, he unsuccessfully ran for the CSSD in the Prague 18 district council; He had the "economist" mentioned as a profession. After the second of the finance ministers of the Zeman government, Pavel Mertlík, resigned due to disputes with the prime minister and the rest of the government, Rusnok was appointed to his place on April 13, 2001. In June 2002, he was elected a deputy as the leader of the CSSD candidate in the Hradec Králové region. In the new Špidla government, he became Minister of Industry and Trade in July 2002. On March 13, 2003, Prime Minister Vladimír Špidla dismissed Rusnok from the government on the grounds of poor communication. At the CSSD congress on March 29, Rusnok ran for president as a representative of the pragmatic wing; However, Špidla defended the presidency with 299 votes against 147. Shortly before that, Rusnok openly supported Václav Klaus in the presidential election (unlike the official CSSD line). He also supported a large coalition of the CSSD and the ODS. On April 23, Rusnok resigned; he was replaced by the first deputy candidate Robin Böhnisch. Rusnok maintained a critical attitude towards the mainstream of social democracy in the following years. In September 2006, there was even talk of his expulsion from the CSSD, when he accepted the offer of the Minister of Finance of the ODS minority government, Vlastimil Tlusty, and sat down in his expert group. Chairman Jiří Paroubek then stated that Rusnok had long since broken up with the Social Democrats. In December 2008, before the expected reconstruction of the coalition government of Mirek Topolánek, there were reports that Rusnok (although still a member of the CSSD) could become Deputy Prime Minister for the Economy. After 2003, Rusnok left politics and worked in finance. He was appointed Advisor to the ING Executive Board for the Czech and Slovak Republics. Since October 7, 2003, he has been a member of the Supervisory Board of ING Penzijní fond, a.s. (from 1 January 2013 ING Penzijní společnost); in August 2006, he was promoted to Chairman of the Board of Directors, re-elected in August 2011; he resigned on 30 June 2013. In 2005–12 he was president of the Association of Pension Funds (previously its vice-president since 2004). In 2006–2009, he was the Chairman of the Financial Market Committee, an advisory body to the CNB's Bank Board; since 2009 President of the Public Audit Oversight Board. He was a member of the National Economic Council of the Government of the Czech Republic (