Trichet succeeded Dutchman Wim Duisenberg in 2003 after a compromise deal had been reached within the EU to give each a half-term at the helm. Trichet, a career public-service bureaucrat, had previously been appointed to consecutive terms as governor of the Banque de France beginning in 1993 and had previously worked in the French government's Treasury Department, which he first joined in 1975. He was also chairman of the Paris Club for sovereign debt re-scheduling from 1985 to 1993 and from 1987 served as alternate governor to both the World Bank until 1995 and the International Monetary Fund (IMF) until 1993. He also served a year until his appointment to the Banque de France as chairman of the European Monetary Committee.
Like many high-ranking members of the French government and bureaucracy, Trichet is a graduate of the Ecole Nationale d'Administration (ENA).
- The President of the European Central Bank Jean-Claude Trichet. European Central Bank.