Governing Board
The day-to-day management of the De Nederlandsche Bank rests with the Governing Board, consisting of a President and up to five Executive Directors. Governing Board members are appointed by the Crown, for consecutive seven-year tenures.
Nout Wellink
Dr. A.H.E.M. Wellink has been President of De Nederlandsche Bank since 1 July 1997. Since January 1999, Mr Wellink has sat on the Governing Council of the European Central Bank. Also, he has chaired the Basel Committee for Banking Supervision since July 2006. Since 1997, Dr. Wellink has sat on the Board of Directors of the Bank for International Settlement, which he chaired from 2002 until 2006. Mr Wellink is a member of the Group of Ten Governors, the committee of central bank governors of the G10 countries, and a Governor of the International Monetary Fund and member of the Financial Stability Board.
Nout Wellink’s many secondary functions include the following. He is Chairman of the Supervisory Board of Leiden University, Chairman of the Board of Supervisors of the Netherlands Open Air Museum and member of the Supervisory Board of the Dutch Central Genealogy Bureau. He has been awarded a Knighthood in the Order of the Netherlands Lion.
In 1982 Mr Wellink became an Executive Director of DNB. Between 1970 and 1982, he held several posts in the Ministry of Finance, starting on the economic staff, from 1975 as the Director General of Financial and Economic Policy and later as Treasurer General. From 1965 until 1970, Mr Wellink worked as an assistant, later staff member, in the economics department of Leiden University.
After a study in Dutch law at the same university (1961–1968), Wellink obtained a doctor’s degree in economics at the Rotterdam Erasmus University. He completed his secondary education (science and grammar stream) in 1961. Born: 27 August 1943 at Bredevoort.
Henk Brouwer
Mr H.J. Brouwer has been an Executive Director of De Nederlandsche Bank since 1 July 1997. Mr Brouwer is responsible for banking supervision and supervisory policy. He is a member of the Basel Committee on Banking Supervision (BCBS) and of the Committee of European Banking Supervisors.
Henk Brouwer’s various additional functions include the chairmanship of the Supervisory Board of the Amsterdam Historical Museum and a seat on the Board of the Vereniging Hendrick de Keyser architectural conservation fund. He is also Chairman of the Advisory Board of the UVW social security adminstrative body.
Prior to his Executive Directorship with DNB, Brouwer held posts in several government Departments. In the 1972–1980 period, he was on the economic staff of the Ministry of Finance; from 1980–1983 he was deputy Director General for government employment policy and an adviser on social and economic issues to the Minister of the Interior. From 1984 until 1989 he was Director General for general policy affairs in the Ministry of Social Affairs and Employment. From 1990 to September 1992, Mr Brouwer sat on the Executive Board of Nederlandse Phillipsbedrijven B.V., which position he left to become Treasurer General in the Ministry of Finance.
Mr Brouwer graduated in General Economic from the Amsterdam VU University in 1972. In 1965, he completed his secondary education (science stream) in Kampen. Born: 8 May 1946 in Amsterdam.
Lex Hoogduin
Professor L.H. Hoogduin became an Executive Director of De Nederlandsche Bank on 1 January 2009. Mr Hoogduin is responsible for economic policy and research, financial stability and financial markets, payments and statistics. In addition, Mr Hoogduin is part-time Professor of Monetary Economics and Financial Institutions at the University of Amsterdam.
Before joining DNB’s Governing Board, Lex Hoogduin was Chief Economist of the Robeco Group (2005-2008) and Managing Director of the IRIS research institute. In the twenty-five years prior to that, he had worked two stints at DNB. From 2001 to 2005 he held the post of Director of the Research Division. In the period 1997-2001, Mr Hoogduin was personal advisor to Wim Duisenberg, first President of the ECB.
Lex Hoogduin graduated in General Economics from the University of Groningen in 1980, and obtained a PhD in Economics in 1991. In 1974 he completed his secondary school education (science stream) at the Professor Ten Veen Lyceum in Emmeloord. Born: 7 September 1956 in Leyden.
Joanne Kellermann
Ms A.J. Kellermann has been an Executive Director of De Nederlandsche Bank since November 2007. Her responsibilities include Pension Supervision, Insurance Supervision and Legal Services. In 2005, Ms Kellermann took up employment with DNB as its General Counsel and director of the Legal Services division.
Her various additional functions include a seat on the Board of Governors of De Nederlandse Opera.
From 1992, Kellerman had been a partner in the NautaDutilh law firm. From 2001 until 2005, she headed the firm’s financial practice in London. Her international experience also encompasses a period as foreign associate in New York. She began her career as a trainee lawyer at Nauta van Haersholte in Amsterdam. Providing guidance on international financial transactions and advising on supervisory laws and regulations ranked among her main activities during her career as a lawyer.
Ms Kellermann completed her study of Dutch law at Leiden University in 1984 and was sworn in as a lawyer in Amsterdam that same year. In 1979, Joanne Kellerman completed her secondary education (classics stream) at the Sorghvliet Christelijk Gymnasium in The Hague. Born: 27 December 1960 in Eindhoven.

