News item | 01-30-2026 | 3:00 PM
The Kingdom Council of Ministers and the Council of Ministers have approved the appointment of Prof. Dr. Paul Hilbers as the new member on behalf of the Netherlands of the three Boards of Financial Supervision.
Mr. Hilbers succeeds Hans Hoogervorst, who was appointed chairman of the Financial Supervision Board of Curaçao and Sint Maarten (Cft), the Financial Supervision Board of Aruba (Caft) and the Financial Supervision Board of Bonaire, Sint Eustatius and Saba (Cft BES) in October 2025. Both Paul Hilbers and Hans Hoogervorst will start in their new positions on February 1, 2026.
After studying mathematics at Utrecht University and econometrics and international economics at the Vrije Universiteit in Amsterdam, Paul Hilbers pursued a career in the financial sector. During that period, he was associated with De Nederlandsche Bank for a long time, including as Director of Supervision Policy and Director of Financial Stability.
Hilbers has also held various positions at the International Monetary Fund (IMF) in Washington, including as a member of the Executive Board, a position he held until the end of 2024. He is an emeritus professor at Nyenrode Business University and has many international and national publications to his name on macroeconomic policy, public finances, supervision of the financial sector and international economic relations.
The Financial Supervision Boards are independent and monitor the soundness of the public finances of the countries Curaçao, Sint Maarten and Aruba and of the public bodies Bonaire, Sint Eustatius and Saba. The colleges have an signaling and advisory role.
