Ilmārs Rimšēvičs (born 30 April 1965) is a Latvian economist who served as the governor of the central

Bank of Latvia The Bank of Latvia ( lv, Latvijas Banka,) is the central bank of Latvia. It is among the nation's key public institutions and carries out economic functions as prescribed by law. It was established in 1922. The principal objective of the Bank of ...

from 2001 to 2019. In that position, he was also a member of the

Governing Council of the European Central Bank The European Central Bank (ECB) is the prime component of the monetary Eurosystem and the European System of Central Banks (ESCB) as well as one of seven institutions of the European Union. It is one of the world's most important central b ...

Education

He studied engineering economics at the Riga University of Technology, graduating in 1990. He was a member of the student corporation Lettonia. His studies continued at

Clarkson University Clarkson University is a private research university with its main campus in Potsdam, New York, and additional graduate program and research facilities in the New York Capital Region and Beacon, New York. It was founded in 1896 and has an enr ...

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, completing a master's degree in business administration and management in 1992, whereafter he was appointed deputy governor and chairman of the board of the Bank of Latvia the same year.

Controversies

Rimšēvičs was detained by the

Corruption Prevention and Combating Bureau Corruption Prevention and Combating Bureau (KNAB; lv, Korupcijas novēršanas un apkarošanas birojs) is a specialised anti-corruption authority of Latvia. Its aim is to fight corruption in Latvia in a coordinated and comprehensive way throu ...

on February 18, 2018, while officers raided his home and offices at the Bank of Latvia. He was released on bail the next day. State Prosecutor's office has charged Rimševičs with accepting a bribe. The case is pending. Upon the end of this third term, Rimšēvičs was succeeded as governor by Mārtiņš Kazāks.

References

{{DEFAULTSORT:Rimšēvičs, Ilmārs 1965 births Governors of the Bank of Latvia Latvian economists Living people Businesspeople from Riga Riga Technical University alumni Recipients of the Order of the Cross of Terra Mariana, 2nd Class