People | - France

Wilfrid Baumgartner - Chairman and Chief Executive Officer of Rhône-Poulenc. PSC Administrator

Born in Paris on May 21, 1902. Brother of Richard Baumgartner and son-in-law of Ernest Mercier. He was a prominent figure in the General Inspectorate of Finance, which he joined in 1925. The somewhat peculiar world of the École libre des sciences politiques was then set up as "stables" for the preparation of the IGF competition, and Wilfrid Baumgartner was the head of a large stable that he drove with Georges-Picot. He was Chief of Staff to Paul Reynaud in 1930, Deputy Director, then Director in 1934 of the Mouvement général des fonds, and in 1936 Director General of Crédit national. Governor of the Banque de France. He was also a lecturer at the École libre des sciences politiques (1927) then professor of public finance (1932). Chairman and Chief Executive Officer of Crédit National from 1936 to 1949. Arrested by the Gestapo in 1943, he was deported to Buchenwald, then to Plansee, and liberated by the Allies. Governor of the International Monetary Fund from 1949 to 1960. Minister of Finance and Economic Affairs in 1960-1962. He became Chairman of Rhône-Poulenc in December 1963, and a director of PUK and a member of the Supervisory Board of PSA-Peugeot-Citroën. Member of the Economic and Social Council, elected to the Academy of Moral and Political Sciences in 1965. Author of books and articles on public finance. Died in 1978. A thesis was devoted to this great state clerk, close to the PSC, but also to REPAL because of his links with Roger Goetze.

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