Georges Theunis

Who was Georges Theunis?

Georges Emile Léonard Theunis was the 24th Prime Minister of Belgium from 16 December 1921 to 13 May 1925 and again from 20 November 1934 to 25 March 1935. He was governor of the National Bank of Belgium from 1941 until 1944.

He received a military training and was also trained as an engineer. Georges Theunis started his career in the Empain group, where he was an administrator and later the president of the board of ACEC. During World War I, he headed the Belgian Wartime Provisions Commission in London. After the war he was involved in the Paris Peace Conference, 1919 and served as the Belgian delegate to the Reparations Commission. From 1926 until 1927 he chaired the International Economic Conference in Geneva.

In 1926 he joined the newly formed council of regency of the National Bank, together with Emile Francqui, and remained a member until the war, except for two breaks during his ministerial duties. As regents of the NBB, both Theunis and Francqui represented the power which the large private banks had gained since 1926. During World War II he served as a special ambassador to the United States of America.