"IMF" Pierre-Paul Schweitzer Hand Signed Time Magazine Cover For Sale
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"IMF" Pierre-Paul Schweitzer Hand Signed Time Magazine Cover:
$139.99
Up for sale "IMF" Pierre-Paul Schweitzer Hand Signed Time Magazine Cover Dated 1968.
1912 – 2 January 1994) was a French businessman who was fourth managing
director of International Monetary
Fund (IMF) and chairman of its executive board, serving from
1963 to 1973. He
was born on 29 May 1912, in Straßburg, Elsaß-Lothringen, German Empire. He is
the father of Louis Schweitzer, CEO of Renault. He was the nephew of Albert Schweitzer. Schweitzer
was educated at the University of Strasbourg,
the University of Paris, and
the Paris School of Political Science (Sciences Po) and received degrees in law, economics and
political science. In his early career, Schweitzer joined the French Government
as an assistant Inspecteur des Finances (1936), before becoming an Inspecteur
des Finances (1939). Then he was: deputy director for the department of
external finance of the French Treasury (1946); alternate executive director
for France at the IMF (1947); secretary of the French Interministerial
Committee in Charge of Questions on European Economic Cooperation (1948);
financial attaché at the French embassy in Washington (1949–1953); director of
the French Treasury (1953–1960). In 1960, he was appointed deputy governor of
the Bank of France. He also
served as a director of the European Investment Bank,
a director of Air France, and as a
government commissioner on the boards of the French Petroleum Company and the
French Refinery Company. On 21 June 1963 Schweitzer was appointed managing
director and chairman of the executive board of the IMF, and he assumed his
duties on 1 September 1963. Schweitzer was appointed to a second five-year term
as managing director and chairman of the board of the IMF on 15 May 1968. Schweitzer's
term as the IMF's managing director was a critical period, not only due to the
collapse of the Par Value System, but also for the creation of the special drawing rights (SDR),
as an international reserve asset (1968); the establishment of the two-tier
gold market, and the work of the Committee of Twenty of the International
Monetary System on reforming the international financial system. Also, during
his tenure as managing director of the IMF, its membership grew from 91 to 125
countries. Schweitzer received many honors and decorations, such as the
Commander of the Légion d'Honneur;
the Médaille de la Résistance,
and the Croix de Guerre. Schweitzer
died on 2 January 1994 in Geneva, Switzerland.
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