
Aerdt Houben
Director Financial Markets, De Nederlandse Bank and professor, University of Amsterdam,
Aerdt Houben (1963) is Director of the Financial Markets Division at De Nederlandsche Bank, the Dutch central bank and prudential supervisor. This division is responsible for DNB’s monetary operations, asset management, investment operations, market intelligence and risk management. Prior to this, he was Director of the Financial Stability Division at DNB, assessing macro prudential risks in the Netherlands and formulating policy proposals to safeguard financial stability. Before this, he headed the Supervisory Strategy Department during the integration of prudential supervision on banks, insurance companies and pension funds within DNB, and the Monetary Policy Department, including during the change-over to the euro. He has worked at the IMF, in the Policy Development and Review Department.
Houben is currently member of the Committee on the Global Financial System and the Markets Committee at the BIS. He has been a member of the Basel Committee on Banking Supervision, the Advisory Technical Committee of the European Systemic Risk Board, the Financial Stability Committee of the ECB, the International Organisation of Pension Supervisors and numerous other policy committees in the context of the IMF, the Eurosystem, the EU’s Economic and Financial Committee and the EU supervisory committee CEIOPS.
Since 2015, Houben is also professor of Financial Policies, Institutions and Markets at the University of Amsterdam. He holds a PhD in monetary economics and has published broadly on financial issues.
Featured work

Boosting the resilience of Europe’s financial system in the coronavirus crisis
Europe has a heavily bank-based financial structure, but bank-based financial structures are associated with higher systemic risk than market-based fi
Unfinished business: The unexplored causes of the financial crisis and the lessons yet to be learned
At this event Tamim Bayoumi will present his upcoming book on the financial crisis, showing how the Euro crisis and U.S. housing crash were, in fact,