PROFESSOR KAREL VAN HULLE
Professor Karel Van Hulle lectures at the Economics and Business Faculty of the KU Leuven and at the Economics Faculty of the Goethe University in Frankfurt.
He is Chairman of the Conflicts of Interest Oversight Committee of the European Money Markets Institute and is a member of the Board of the Bermuda Monetary Authority. He served as a member of the Public Interest Oversight Board from March 2016 until April 2021.
He started his professional career with the Belgian Banking Commission (1976-1984) where he was responsible for the Secretariat of the newly created Belgian accounting standards commission.
He joined the European Commission in 1984. After taking up responsibility for accounting standards, financial reporting, auditing and company law, including corporate governance, he became head of insurance and pensions in 2004, a position that he held until his retirement in March 2013. As head of insurance and pensions he was in particular responsible for the development of Solvency II and represented the EC within EIOPA and within the technical committee of the IAIS.
Van Hulle is a lawyer by training. He studied law at the KU Leuven and at the Marquette University Law School in Milwaukee. (USA)
Professor Van Hulle was nominated Distinguished International Lecturer in Accounting by the American Accounting Association in 1990, Distinguished Fellow of the IAIS in 2013 and Honorary Fellow of the UK Institute and Faculty of Actuaries in 2014.
In 2019, he summarised his experience with the development of Solvency II in a book “Solvency Requirements for EU Insurers. Solvency II is good for you”, Intersentia, Cambridge, Antwerp, Chicago, ISBN 978-1-78068-177-1, 727 p.