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{{short description|Dutch politician}}
{{Expand Dutch|topic=gov|date=October 2010|Onno Ruding}}
{{Use dmy dates|date=February 2019}}
{{BLP sources|date=July 2021}}
{{Infobox officeholder
|honorific-prefix =
|name = Onno Ruding
|image = Onno Ruding 1985 (1).jpg
|imagesize = 250px
|caption = Onno Ruding in 1985


|office = [[Social and Economic Council|Member of the Social and <br/> Economic Council]]
[[File:Minister Ruding (Financiën) - NL-HaNA Anefo 932-4165 WM484.jpg|200px|right|thumb|Onno Ruding]]
|term_start = 1 February 1990
|term_end = 21 March 1992
|1blankname = {{nowrap|Chairman}}
|1namedata = [[Theo Quené]]


|office1 = [[House of Representatives (Netherlands)|Member of the House of Representatives]]
'''Herman Onno Christiaan Rudolf Ruding''' (born 15 August 1939, [[Breda]]) is a former [[Netherlands|Dutch]] banker and politician. He is a member of the [[Christian Democratic Appeal]] (CDA).<ref name="Parlement">{{cite web | url=http://www.parlement.com/9291000/biof/02746 | title=Dr. H.O.Ch.R. (Onno) Ruding | accessdate=2010-12-25 | publisher=Parlement & Politiek | language=Dutch}}</ref>
|term_start1 = 3 June 1986
|term_end1 = 14 juli 1986
|parliamentarygroup1= [[Christian Democratic Appeal]]


|office2 = [[List of Ministers of Finance of the Netherlands|Minister of Finance]]
From 1977 till 1980 Ruding was [[executive director]] of the [[International Monetary Fund]].<ref name="Parlement" /> He was Minister of Finance from 1982 till 1989<ref name="Forbes">{{cite web | url=http://people.forbes.com/profile/h-onno-ruding/23301 | title=H. Onno Ruding | accessdate=2010-12-25 | publisher=Forbes.com}}</ref> and known for his sharp budget cuts.{{Citation needed|date=December 2010}}
|term_start2 = 4 November 1982
|term_end2 = 7 November 1989
|primeminister2 = [[Ruud Lubbers]]
|predecessor2 = [[Fons van der Stee]]
|successor2 = [[Wim Kok]]


|birth_date = {{Birth date and age|df=y|1939|08|15}}
== References ==
|birth_place = [[Breda]], [[Netherlands]]
{{reflist|1}}
|death_date =
|death_place =
|party = [[Christian Democratic Appeal]] <br/> <small>(from 1980)</small>
|otherparty = [[Catholic People's Party]] <br/> <small>(1967–1980)</small>
|spouse = {{marriage|Renée Ruding|30 September 1969}}
|children = 3 daughters
|residence = [[Wassenaar]], [[Netherlands]]
|alma_mater = [[Erasmus University Rotterdam]] <br/> <small>([[Bachelor of Economics]], [[Master of Economics]], [[Doctor of Philosophy]])</small>
|occupation = [[Politician]] · [[Civil service|Civil servant]] · [[Economist]] · [[Research]]er · [[Businessperson|Businessman]] · [[Bank]]er · [[Financial adviser]] · [[Financial analyst]] · [[Board of directors|Corporate director]] · [[Nonprofit organization|Nonprofit director]] · [[Trade association|Trade association executive]] · [[Author]] · [[Lobbying|Lobbyist]]
|signature =
|allegiance = {{flag|Netherlands}}
|branch = [[Royal Netherlands Army]]
|serviceyears = 1964–1965 ([[Conscription]]) <br/> 1965–1969 ([[Military reserve force|Reserve]])
|rank = [[File:Nl-landmacht-korporaal.svg|15px]] [[Corporal]]
|unit = [[Regiment van Heutsz]]
|commands =
|battles = [[Cold War]]
|awards =
}}

'''Herman Onno Christiaan Rudolf '''"'''Onno'''"''' Ruding''' (born 15 August 1939) is a retired Dutch politician of the [[Christian Democratic Appeal]] (CDA) party and businessman.<ref>{{cite web|url=https://www.historischnieuwsblad.nl/nl/artikel/5775/de-jaren-tachtig-van-onno-ruding.html|title=De jaren tachtig van Onno Ruding|publisher=Historisch Nieuwsblad|date=19 August 2001|access-date=16 February 2018|language=nl}}</ref>

Ruding worked as [[Research|student researcher]] at the [[Erasmus University Rotterdam]] from June 1964 until July 1969 and worked as a civil servant for the [[Ministry of Finance (Netherlands)|Ministry of Finance]] from February 1965 until June 1971 and as Deputy Director-General of the department for International Monetary Affairs from February 1965 until September 1966 and Director-General of the Department for International Monetary Affairs from September 1966 until June 1971. Ruding worked as an investment banker for the [[AMRO Bank]] from June 1971 until January 1977. In December 1976 Ruding was nominated as an Executive Director of the [[International Monetary Fund]] (IMF), taking office on 1 January 1977. In December 1980 Ruding was nominated as [[Chief financial officer|CFO]] and Vice Chairman of the Board of directors of the AMRO Bank, he resigned as Executive Director of the International Monetary Fund on 31 December 1980 and was installed as CFO and Vice Chairman of the AMRO Bank on 1 January 1981.

After the [[1982 Dutch general election|election of 1982]] Ruding was appointed as [[List of Ministers of Finance of the Netherlands|Minister of Finance]] in the [[First Lubbers cabinet|Cabinet Lubbers I]], taking office on 4 November 1982. Ruding was elected as a [[House of Representatives (Netherlands)|Member of the House of Representatives]] after the [[1986 Dutch general election|election of 1986]], taking office on 3 June 1986. Following the cabinet formation of 1986 Ruding continued as Minister of Finance in the [[Second Lubbers cabinet|Cabinet Lubbers II]], taking office on 14 July 1986. On 3 May 1989 the Cabinet Lubbers II fell and continued to serve in a [[Demissionary cabinet|demissionary]] capacity. In July 1989 Ruding announced that he would not stand for the [[1989 Dutch general election|election of 1989]]. The Cabinet Lubbers II was replaced by the Cabinet Lubbers III on 7 November 1989. Ruding retired from active politics and returned to the [[private sector]] and [[public sector]], in December 1989 Ruding was nominated as a Chairman of the [[VNO-NCW|Christian Employers' association]] (NCW), taking office on 1 January 1990. In February 1992 Ruding was nominated as Vice Chairman of the Board of directors of [[Citigroup]], he resigned as Chairman of the Christian Employers' association on 21 March 1992 the same day he was installed as Vice Chairman of the Board of directors of Citigroup. In December 1999 Ruding was appointed as [[Chief operating officer|COO]] of [[Citibank Europe]], serving from 1 January 2000 until 1 October 2003.

Following his retirement Ruding remains active in the private sector and public sector and continues to occupy numerous seats as a corporate director and nonprofit director on several supervisory boards ([[Centre for European Policy Studies]], [[Netherlands Society for Statistics and Operations Research|Society for Statistics and Operations Research]], [[NIBC Bank]], [[International Statistical Institute]] and the [[Tinbergen Institute]]).

==Decorations==
{| class="wikitable" style="width:60%;"
|- style="background:#ccf; text-align:center;"
| colspan=5 |'''Honours'''
|-
! style="width:80px;"| Ribbon bar !! Honour !! Country !! Date !! Comment
|-
| [[File:Ordre de la couronne de Chene GO ribbon.svg|80px]]
| [[Order (distinction)|Grand Officer]] of the [[Order of the Oak Crown]]
| [[Luxembourg]]
| 15 November 1983
|
|-
| [[File:BEL Kroonorde Grootofficier BAR.svg|80px]]
| [[Order (distinction)|Grand Officer]] of the [[Order of the Crown (Belgium)|Order of the Crown]]
| [[Belgium]]
| 4 April 1984
|
|-
| [[File:OESSG Cavaliere BAR.jpg|80px]]
| [[Order (distinction)|Knight]] of the [[Order of the Holy Sepulchre]]
| [[Holy See]]
| 10 December 1985
|
|-
| [[File:GER Bundesverdienstkreuz 5 GrVK Stern.svg|80px]]
| [[Order (distinction)|Knight Commander]] of the [[Order of Merit of the Federal Republic of Germany|Order of Merit]]
| [[Germany]]
| 21 March 1986
|
|-
| [[File:Legion Honneur Commandeur ribbon.svg|80px]]
| [[Order (distinction)|Commander]] of the [[Legion of Honour]]
| [[France]]
| 7 February 1987
|
|-
| [[File:Order of Orange-Nassau ribbon - Commander.svg|80px]]
| [[Order (distinction)|Commander]] of the [[Order of Orange-Nassau]]
| Netherlands
| 20 November 1989
|
|-
| [[File:Cordone di gran Croce OMRI BAR.svg|80px]]
| [[Grand Cross|Knight Grand Cross]] of the [[Order of Merit of the Italian Republic|Order of Merit]]
| [[Italy]]
| 18 July 1994
|
|-
| [[File:Order of the Netherlands Lion (Knight) - Ribbon bar.svg|80px]]
| [[Order (distinction)|Knight]] of the [[Order of the Netherlands Lion]]
| Netherlands
| 1 October 2004
|
|-
|}

==References==
{{Reflist}}


== External links ==
==External links==
* {{nl}} [http://www.parlement.com/9291000/biof/02746 Dr. H.O.Ch.R. (Onno) Ruding], Parlement & Politiek
{{Commons category}}
{{Commons category}}


;Official
{{Persondata <!-- Metadata: see [[Wikipedia:Persondata]]. -->
* {{in lang|nl}} [https://www.parlement.com/id/vg09llnj70za/h_o_ch_r_onno_ruding Dr. H.O.Ch.R. (Onno) Ruding] Parlement & Politiek
| NAME = Ruding, Onno

| ALTERNATIVE NAMES =
{{s-start}}
| SHORT DESCRIPTION = Dutch politician
{{s-off}}
| DATE OF BIRTH = 1939-08-15
{{s-bef|before=[[Fons van der Stee]]}}
| PLACE OF BIRTH =
{{s-ttl|title=[[List of Ministers of Finance of the Netherlands|Minister of Finance]]|years=1982–1989}}
| DATE OF DEATH =
{{s-aft|after=[[Wim Kok]]}}
| PLACE OF DEATH =
}}
{{s-civ}}
{{s-bef|before=''Unknown''}}
{{s-ttl|title=Deputy Director-General of the <br/> Department for International Monetary Affairs <br/> of the [[Ministry of Finance (Netherlands)|Ministry of Finance]]|years=1965–1966}}
{{s-aft|after=''Unknown''}}
{{s-bef|before=''Unknown''}}
{{s-ttl|title=Director-General of the <br/> Department for International Monetary Affairs <br/> of the [[Ministry of Finance (Netherlands)|Ministry of Finance]]|years=1966–1967}}
{{s-aft|after=''Unknown''}}
{{s-dip}}
{{s-bef|before=''Unknown''}}
{{s-ttl|title=Executive Director for <br/> Benelux, Israel and Eastern Europe <br/> of the [[International Monetary Fund]]|years=1977–1980}}
{{s-aft|after=''Unknown''}}
{{s-bus}}
{{s-bef|before=''Unknown''}}
{{s-ttl|title=[[Chief financial officer|CFO]] and Vice Chairman of the <br/> [[Board of directors]] of the <br/> [[AMRO Bank]]|years=1981–1982}}
{{s-aft|after=''Unknown''}}
{{s-bef|before=[[Koos Andriessen]]}}
{{s-ttl|title=Chairman of the <br/> [[VNO-NCW|Christian Employers' association]]|years=1990–1992}}
{{s-aft|after=''Unknown''}}
{{s-bef|before=''Unknown''}}
{{s-ttl|title=Vice Chairman of the <br/> [[Board of directors]] of [[Citigroup]]|years=1992–2000}}
{{s-aft|after=''Unknown''}}
{{s-bef|before=''Unknown''}}
{{s-ttl|title=[[Chief operating officer|COO]] of [[Citibank Europe]]|years=2000–2003}}
{{s-aft|after=''Unknown''}}
{{s-npo}}
{{s-bef|before=''Unknown''}}
{{s-ttl|title=Chairman of the <br/> [[Supervisory board]] of the <br/> [[Centre for European Policy Studies|Centre for European <br/> Policy Studies]]|years=2003–present}}
{{s-inc}}
{{s-end}}

{{Ministers of Finance of the Netherlands}}
{{Second Lubbers cabinet}}
{{First Lubbers cabinet}}
{{Authority control}}

{{DEFAULTSORT:Ruding, Onno}}
{{DEFAULTSORT:Ruding, Onno}}
[[Category:1939 births]]
[[Category:1939 births]]
[[Category:Living people]]
[[Category:Living people]]
[[Category:Businesspeople from Washington, D.C.]]
[[Category:Christian Democratic Appeal politicians]]
[[Category:Christian Democratic Appeal politicians]]
[[Category:Commanders of the Order of Orange-Nassau]]
[[Category:Commanders of the Legion of Honour]]
[[Category:Citigroup employees]]
[[Category:Dutch bankers]]
[[Category:Dutch bankers]]
[[Category:Dutch civil servants]]
[[Category:Dutch business writers]]
[[Category:Dutch chief executives in the finance industry]]
[[Category:Dutch corporate directors]]
[[Category:Dutch corporate directors]]
[[Category:Dutch expatriates in Belgium]]
[[Category:Dutch expatriates in England]]
[[Category:Dutch expatriates in the United States]]
[[Category:Dutch financial advisors]]
[[Category:Dutch financial analysts]]
[[Category:Dutch financial writers]]
[[Category:Dutch lobbyists]]
[[Category:Dutch nonprofit directors]]
[[Category:Dutch nonprofit executives]]
[[Category:Dutch officials of the United Nations]]
[[Category:Dutch Roman Catholics]]
[[Category:Dutch trade association executives]]
[[Category:Erasmus University Rotterdam alumni]]
[[Category:Erasmus University Rotterdam alumni]]
[[Category:Dutch chief executives]]
[[Category:Academic staff of Erasmus University Rotterdam]]
[[Category:Chairmen of corporations]]
[[Category:Grand Officers of the Order of the Crown (Belgium)]]
[[Category:Managing directors of the International Monetary Fund]]
[[Category:International Monetary Fund people]]
[[Category:International economists]]
[[Category:Members of the House of Representatives of the Netherlands]]
[[Category:Ministers of Finance of the Netherlands]]
[[Category:Knights Commander of the Order of Merit of the Federal Republic of Germany]]
[[Category:Knights Grand Cross of the Order of Merit of the Italian Republic]]
[[Category:Knights of the Holy Sepulchre]]
[[Category:Knights of the Order of the Netherlands Lion]]
[[Category:Members of the House of Representatives (Netherlands)]]
[[Category:Members of the Social and Economic Council]]
[[Category:Ministers of finance of the Netherlands]]
[[Category:Monetarists]]
[[Category:Monetary economists]]
[[Category:People from Breda]]
[[Category:People from Breda]]
[[Category:People from Wassenaar]]

[[Category:Royal Netherlands Army personnel]]

[[Category:20th-century Dutch businesspeople]]
{{Netherlands-CDA-politician-stub}}
[[Category:20th-century Dutch civil servants]]

[[Category:20th-century Dutch economists]]
[[nl:Onno Ruding]]
[[Category:20th-century Dutch male writers]]
[[Category:20th-century Dutch military personnel]]
[[Category:20th-century Dutch politicians]]
[[Category:21st-century Dutch businesspeople]]
[[Category:21st-century Dutch economists]]
[[Category:21st-century Dutch male writers]]

Revision as of 22:26, 31 March 2024

Onno Ruding
Onno Ruding in 1985
Member of the Social and
Economic Council
In office
1 February 1990 – 21 March 1992
ChairmanTheo Quené
Member of the House of Representatives
In office
3 June 1986 – 14 juli 1986
Parliamentary groupChristian Democratic Appeal
Minister of Finance
In office
4 November 1982 – 7 November 1989
Prime MinisterRuud Lubbers
Preceded byFons van der Stee
Succeeded byWim Kok
Personal details
Born (1939-08-15) 15 August 1939 (age 85)
Breda, Netherlands
Political partyChristian Democratic Appeal
(from 1980)
Other political
affiliations
Catholic People's Party
(1967–1980)
Spouse
Renée Ruding
(m. 1969)
Children3 daughters
Residence(s)Wassenaar, Netherlands
Alma materErasmus University Rotterdam
(Bachelor of Economics, Master of Economics, Doctor of Philosophy)
OccupationPolitician · Civil servant · Economist · Researcher · Businessman · Banker · Financial adviser · Financial analyst · Corporate director · Nonprofit director · Trade association executive · Author · Lobbyist
Military service
Allegiance Netherlands
Branch/serviceRoyal Netherlands Army
Years of service1964–1965 (Conscription)
1965–1969 (Reserve)
Rank Corporal
UnitRegiment van Heutsz
Battles/warsCold War

Herman Onno Christiaan Rudolf "Onno" Ruding (born 15 August 1939) is a retired Dutch politician of the Christian Democratic Appeal (CDA) party and businessman.[1]

Ruding worked as student researcher at the Erasmus University Rotterdam from June 1964 until July 1969 and worked as a civil servant for the Ministry of Finance from February 1965 until June 1971 and as Deputy Director-General of the department for International Monetary Affairs from February 1965 until September 1966 and Director-General of the Department for International Monetary Affairs from September 1966 until June 1971. Ruding worked as an investment banker for the AMRO Bank from June 1971 until January 1977. In December 1976 Ruding was nominated as an Executive Director of the International Monetary Fund (IMF), taking office on 1 January 1977. In December 1980 Ruding was nominated as CFO and Vice Chairman of the Board of directors of the AMRO Bank, he resigned as Executive Director of the International Monetary Fund on 31 December 1980 and was installed as CFO and Vice Chairman of the AMRO Bank on 1 January 1981.

After the election of 1982 Ruding was appointed as Minister of Finance in the Cabinet Lubbers I, taking office on 4 November 1982. Ruding was elected as a Member of the House of Representatives after the election of 1986, taking office on 3 June 1986. Following the cabinet formation of 1986 Ruding continued as Minister of Finance in the Cabinet Lubbers II, taking office on 14 July 1986. On 3 May 1989 the Cabinet Lubbers II fell and continued to serve in a demissionary capacity. In July 1989 Ruding announced that he would not stand for the election of 1989. The Cabinet Lubbers II was replaced by the Cabinet Lubbers III on 7 November 1989. Ruding retired from active politics and returned to the private sector and public sector, in December 1989 Ruding was nominated as a Chairman of the Christian Employers' association (NCW), taking office on 1 January 1990. In February 1992 Ruding was nominated as Vice Chairman of the Board of directors of Citigroup, he resigned as Chairman of the Christian Employers' association on 21 March 1992 the same day he was installed as Vice Chairman of the Board of directors of Citigroup. In December 1999 Ruding was appointed as COO of Citibank Europe, serving from 1 January 2000 until 1 October 2003.

Following his retirement Ruding remains active in the private sector and public sector and continues to occupy numerous seats as a corporate director and nonprofit director on several supervisory boards (Centre for European Policy Studies, Society for Statistics and Operations Research, NIBC Bank, International Statistical Institute and the Tinbergen Institute).

Decorations

Honours
Ribbon bar Honour Country Date Comment
Grand Officer of the Order of the Oak Crown Luxembourg 15 November 1983
Grand Officer of the Order of the Crown Belgium 4 April 1984
Knight of the Order of the Holy Sepulchre Holy See 10 December 1985
Knight Commander of the Order of Merit Germany 21 March 1986
Commander of the Legion of Honour France 7 February 1987
Commander of the Order of Orange-Nassau Netherlands 20 November 1989
Knight Grand Cross of the Order of Merit Italy 18 July 1994
Knight of the Order of the Netherlands Lion Netherlands 1 October 2004

References

  1. ^ "De jaren tachtig van Onno Ruding" (in Dutch). Historisch Nieuwsblad. 19 August 2001. Retrieved 16 February 2018.
Official
Political offices
Preceded by Minister of Finance
1982–1989
Succeeded by
Civic offices
Preceded by
Unknown
Deputy Director-General of the
Department for International Monetary Affairs
of the Ministry of Finance

1965–1966
Succeeded by
Unknown
Preceded by
Unknown
Director-General of the
Department for International Monetary Affairs
of the Ministry of Finance

1966–1967
Succeeded by
Unknown
Diplomatic posts
Preceded by
Unknown
Executive Director for
Benelux, Israel and Eastern Europe
of the International Monetary Fund

1977–1980
Succeeded by
Unknown
Business positions
Preceded by
Unknown
CFO and Vice Chairman of the
Board of directors of the
AMRO Bank

1981–1982
Succeeded by
Unknown
Preceded by Chairman of the
Christian Employers' association

1990–1992
Succeeded by
Unknown
Preceded by
Unknown
Vice Chairman of the
Board of directors of Citigroup

1992–2000
Succeeded by
Unknown
Preceded by
Unknown
COO of Citibank Europe
2000–2003
Succeeded by
Unknown
Non-profit organization positions
Preceded by
Unknown
Chairman of the
Supervisory board of the
Centre for European
Policy Studies

2003–present
Incumbent