Bernhard Dernburg

Bernhard Dernburg (17 July 1865 – 14 October 1937) was a German liberal politician and banker. He served as the secretary for Colonial Affairs and head of the Imperial Colonial Office from May 1907 to 9 June 1910, and as the minister of Finance and vice-chancellor of Germany from 17 April to 20 June 1919. Background and banking career Born in Darmstadt in the Grand Duchy of Hesse, Bernhard Dernburg was the son of publisher and politician Friedrich Dernburg (1833–1911), a member of the National Liberal Party, belonging to a distinguished Jewish family. Friedrich Dernburg had converted to Lutheranism and married Luise Stahl, the daughter of a Lutheran minister. Bernhard Dernburg was a Lutheran. He made a career in banking, including at the Deutsche Bank, and became Director of Deutsche Treuhand-Gesellschaft in 1889. He subsequently joined the management of the Bank für Handel und Industrie (Darmstadt). In 1901, he founded the Deutsch-Luxemburgische Bergwerks- und Hütten-AG together with Hugo Stinnes, which became one of the largest companies in its field. He served as a board member of a number of large industrial companies. Political career In 1906, Dernburg entered politics as Prussian Representative at the Federal Council. In 1907, he was appointed Secretary of State for Colonial Affairs and head of the Imperial Colonial Office. As Secretary, he pursued a reformist course in German colonial policy.