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Advisory Scientific Committee

The Advisory Scientific Committee (ASC) conducts research to inform macroprudential decisions by the General Board. Its membership consists of the Chair of the Advisory Technical Committee and 15 experts representing a wide range of skills, experience and knowledge related to all relevant financial markets sectors. The Committee meets at least quarterly.

Call for new members

We are seeking international experts in macroprudential policy and systemic risk to become members of our Advisory Scientific Committee (ASC). Members will be chosen on the basis of their general competence and diverse experience in academic fields or other sectors, in particular in small and medium-sized enterprises or trade unions, or as providers or consumers of financial services. Employees of institutions from which the ESRB General Board draws its members are, however, not eligible to apply.

The ESRB will consider applications on the basis of the selection criteria. The Steering Committee will assess applications and propose candidates to the General Board. Selected candidates will be appointed to the ASC for a four-year renewable mandate and will be required to respect the professional secrecy obligations laid down in Article 8 of Regulation (EU) No 1092/2010 and the rules on confidentiality. Selected candidates will also be entitled to indemnities and to the reimbursement of expenses related to their participation in the activities of the ASC. Candidates who are neither appointed to the ASC nor discarded in the selection process will be retained on a reserve list, which will be valid for a period of two years.

Interested candidates are invited to submit their applications no later than 23:59 CET on 24 June 2022 to the following email address: ascapplications@esrb.europa.eu

Call for expressions of interest

Application form to be submitted

Responsibilities

ASC members contribute to a range of ESRB policy and research work, including the joint ASC-ATC groups on non-bank financial intermediation and interconnectedness. The Committee contributes to public debate on macroprudential policy by publishing ASC Reports and ASC Insights. Past contributions include a discussion on overbanking in the EU, a call for enhanced disclosure of carbon-intensive assets, analytical work for macroprudential stance and a report on digitalisation and the future of banking. The ASC also awards the annual Ieke van den Burg Prize for outstanding research conducted by young academics and is responsible for the ESRB Working Paper Series.

Members (in alphabetical order)

Picture of Thorsten Beck

Thorsten Beck
Professor of Financial Stability
Profile
Declarations of interest

Picture of Bo Becker

Bo Becker
Cevian Capital Professor of Finance
Profile
Declarations of interest

Picture of Willem Buiter

Willem Buiter
Adjunct Professor of International and Public Affairs
Profile
Declarations of interest

Picture of Elena Carletti

Elena Carletti
Full Professor of Finance
Profile
Declarations of interest

Picture of Stephen G. Cecchetti

Stephen G. Cecchetti
Professor and Rosen Family Chair in International Finance
Profile
Declarations of interest

Picture of Kathryn Dominguez

Kathryn Dominguez
Professor of Public Policy and Economics
Profile
Declarations of interest

Picture of Şebnem Kalemli-Özcan

Şebnem Kalemli-Özcan
Professor of Economics and Finance
Profile
Declarations of interest

Picture of Malcolm Kemp

Malcolm Kemp
Managing Director
Profile
Declarations of interest

Picture of Giovanna Nicodano

Giovanna Nicodano
Professor of Financial Economics
Profile
Declarations of interest

Picture of Martin Oehmke

Martin Oehmke
Professor of Finance
Profile
Declarations of interest

Picture of Loriana Pelizzon

Loriana Pelizzon
Director Department Financial Markets
Profile
Declarations of interest

Picture of Enrico Perotti

Enrico Perotti
Professor of International Finance
Profile
Declarations of interest

Picture of Richard Portes

Richard Portes
Professor of Economics
Profile
Declarations of interest

Picture of Javier Suárez

Javier Suárez
Professor of Finance
Profile
Declarations of interest

Picture of Lars Svensson

Lars Svensson
Affiliated Professor
Profile
Declarations of interest

Picture of Pablo Hernández de Cos

Pablo Hernández de Cos
Governor
Profile