Biography

Erkki Liikanen

Chair of Trustees of IFRS

International Financial Reporting Standards Foundation

Erkki Liikanen is Chair of Trustees of IFRS Foundation. His initial three-year term began in October 218. Erkki is also the Chair of the Board of Helsinki Graduate School of Economics and the Chair of the board of Bruegel, a European think-tank in Brussels

Erkki was Governor of the Bank of Finland from July 24 until July 218 having served two full seven year terms. He was Chair of the ECB audit committee for ten years, with a mandate to enhance the corporate governance of the ECB and the Eurosystem. He was also Governor of the International Monetary Fund for Finland.

In 212, Erkki chaired a high-level expert group proposing structural reforms to the EU banking sector.

At the European Commission, Erkki was responsible for Enterprise and Information Society, and earlier for Budget, Personnel, and Administration. Erkki was a member of the European Commission for almost ten years.

In the early 199s, Erkki was head of the Finnish Mission to the European Union. Before commencing his international career, Erkki was Minister of Finance for Finland.

Erkki is so far the youngest person ever to become a member of the Finnish Parliament, starting his parliamentary career in 1971 at the age of 21. He served more than 18 years as a member of Parliament.

Erkki is an economist by training. He holds a masters degree in Political Science (Economics) from the University of Helsinki. He also holds honorary doctorates from the University of Technology, Finland (23), Aalto University School of Economics, Finland (211), and University of Eastern Finland (219)

Erkki is married to Hanna-Liisa Liikanen PhD. They have two daughters.

He is the Chair of Association the Finnish Symphony Orchestras

An active member of civil society, Erkki served as President of the Finnish Red Cross in 28–214. He is a member of the Finance Commission of the International Federation of Red Cross and Red Crescent Societies.