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Summary

Just after his appointment, in 1946, as the first managing director of the International Monetary Fund (hereafter IMF) Fortune Magazine depicted Camille Gutt in the following terms:

There is little to suggest the international banker in Camille Gutt's outward appearance. He lacks the impressiveness of a J. P. Morgan, the aloof dignity of a Montaigu Norman. A wiry little man with quizzically arched eyebrows and an irrepressible beard, he looks more than an unshelled turtle than anything else. Yet, despite his appearance, Camille Gutt is one of the most outstanding financial authorities on the international scene today.

The rise of Gutt to the pinnacle of financial diplomacy certainly owed less to a well planned career than to the result of a succession of unpredicted events and meetings that formed the landmarks of his impressive accomplishments. Indeed, very little in his early life suggested that Gutt would embrace the career of an international businessman, international negotiator and Belgian finance minister in 1934–5 and again during the Second World War as a leading member of the Belgian government-in-exile in London. And yet, if Gutt could easily be considered as one of the most influential Belgian political figures of the first part of the twentieth century, biographical information about him is rather scarce.

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Publisher: Pickering & Chatto
First published in: 2014

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