Jacobsson, Per, 1894-1963, Swedish Chairman of the IMF

Per Jacobsson, 1894-1963, was born in Tanum, Sweden, and educated at the High School, Vaesteraas and Upsala University. He left to take up a lectureship in Economics at the High School of Forestry in Stockholm, 1918-1920. He left teaching to become a member of the Economic and Financial Section of the Secretariat of the League of Nations in 1920, a post that he held until 1928. He subsequently became Secretary-General to the Economic Defence Council in Stockholm, 1929-1930. He entered banking in 1931 and was Economic Advisor and Head of the Economic Department of the Bank of International Settlements in Basle, 1931-1956. In 1956 he left the bank to take up his most prestigious appointment, that of Chairman of the Executive Board and Managing Director of the International Monetary Fund, a post that he held until 1963.