BayPay Thought Leadership with Minister of Finance of Luxembourg, Pierre Gramegna


Minister of Finance of Luxembourg, Pierre Gramegna

Pierre's Bio:

From 1992 to 1996, Pierre Gramegna was Consul General of Luxembourg in San Francisco, before being appointed Luxembourg's ambassador to Japan and South Korea. He was subsequently responsible for the Directorate of International Economic Relations at the Ministry of Foreign Affairs.

In 2003, Pierre Gramegna took up the position of director general of the Chamber of Commerce, an office he held until his appointment to the government in December 2013.

Prior to joining the government, Pierre Gramegna was a member of the executive board of several companies, includ- ing in particular Cargolux Airlines International SA (as chair- man from 2004 to 2008), the Luxembourg Stock Exchange (Bourse de Luxembourg), the National Credit and Investment Company (Société nationale de crédit et d’investissement), the Del Credere Office (Office du ducroire), LuxExpo Luxem- bourg and BGL BNP Paribas Luxembourg SA.

Minister Gramegna has made the developement of the financial industry, including Fintech, one of his Key Priorites. He recently granted the first payment institution license in Europe to a virtual currency operator; documenting the country's openness towards innovation and new financial technologies.

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