Today, December 30, the Deputy Governors of Eesti Pank placed memorial bouquets on the graves of two pre-war Governors of Eesti Pank,
EDUARD AULE and ARTHUR UIBOPUU, in the cemetery of Rahumäe in Tallinn. 130 years have passed from the birth of the former Governors.
Eesti Pank deems it
important to record and remember our historical heritage, as several key events of the Estonian history have occurred in its buildings.
The first government of the Estonian Republic as well as the Provisional Government and Otto Tief's government in 1944 were formed in the buildings of the central bank.
Eesti Pank celebrated these historic events by presenting the bronze busts of the four members of the Provisional Government on the anniversary of the Estonian Republic in 2008
and by opening a photo gallery of the members of Tief's government in 2007.
Already in 1995, a memorial plaque was erected for the long-time
Governor of Eesti Pank, Jüri Jaakson, in his birthplace Saarepeedi and in 2007, the anniversary of the birthday of the most internationally renowned
Estonian economic scientist, Ragnar Nurkse, was celebrated by opening a memorial plaque in Käru.
Eduard Aule (28.12.1878-7.03.1947) was the second Governor of Eesti Pank in the years 1921-1925. Aule was one of the founders of the first Estonian financial institution, the 1st Tartu Loan and Savings Association of Estonia and its first CEO (1902-1907). As the Minister of Food Affairs he belonged to the Board of Eesti Pank in 1919 and before being appointed Governor of the central bank he was the Acting Governor of Eesti Pank in 1919-1921. The ashes of Aule, who died in 1947 in Germany, were laid to rest in the cemetery of Rahumäe in 1992.
Arthur Uibopuu (31.12.1878-2.04.1930) was the third Governor of Eesti Pank in the years 1925-1926. He was the Chairman of the Monetary Committee of the Estonian Constituent Assembly, one of the founders of the National Economic Council (1919) and the Chairman of the Council of Banks in Tallinn (1920-1925). Having worked as the CEO of the Tartu Mutual Credit Association, he founded the first Estonian bank in Tallinn - the Tallinn Mutual Credit Association (Credit Bank since 1920) and remained its director until his death in 1930.
