Eighth annual conference of the European Systemic Risk Board 2024 - Speakers

Programme

Christine Lagarde has been President of the ECB and, in this function, also Chair of the European Systemic Risk Board since November 2019.

Between 2011 and 2019 she served as Managing Director of the International Monetary Fund. Prior to that she served as French Minister of Economy and Finance from 2007 to 2011, having been Trade Secretary from 2005 to 2007. A lawyer by background, she practised for 20 years with international law firm Baker McKenzie, of which she became Global Chair in 1999. She was the first woman to hold each of these positions.

In 2022 President Lagarde was ranked the second most influential woman in the world by Forbes. She has also been recognised by TIME as one of the 100 most influential people in the world. She was named Officer in the French Order of the Legion of Honor in April 2012 and Commander in the National Order of Merit in May 2021.

Thorsten Beck is Director of the Florence School of Banking and Finance and Professor of Financial Stability at the European University Institute. He is Chair of the Advisory Scientific Committee of the European Systemic Risk Board and co-Editor of the Journal of Banking and Finance. He was Professor of Banking and Finance at Bayes Business School (formerly Cass) in London between 2013 and 2021, Professor of Economics from 2008 to 2014 and founding Chair of the European Banking Center from 2008 to 2013 at Tilburg University. Previously he worked in the Research Department of the World Bank from 1997 to 2008 and, over the past 12 years, has worked as a consultant for – among others - the European Central Bank, the Bank of England, the Bank for International Settlements, the International Monetary Fund, the Inter-American Development Bank, the Asian Development Bank, the European Commission and the German Development Corporation. In addition to numerous academic publications in leading economics and finance journals, he has co-authored several policy reports on access to finance, financial systems in Africa and cross-border banking and he has research and policy experience across a large number of countries worldwide. He holds a PhD from the University of Virginia and an MA from the University of Tübingen, Germany.

Claudia Buch is Chair of the Supervisory Board of the European Central Bank, appointed on 1 January 2024. She is also member of the Group of Central Bank Governors and Heads of Supervision of the Bank for International Settlements. Claudia Buch was Vice President of the Deutsche Bundesbank from May 2014 to December 2023, and before she was President of the Halle Institute for Economic Research, Professor of Economics at the Universities of Magdeburg and Tübingen, and member of the German Council of Economic Experts. She worked for the Kiel Institute for the World Economy, was awarded a doctoral degree and a habilitation (German post-doc degree) by the University of Kiel, and she studied Economics at the University of Bonn.

Stephen G. Cecchetti is Rosen Family Chair in International Finance at the Brandeis International Business School, Vice-Chair of the Advisory Scientific Committee of the European Systemic Risk Board, Research Associate of National Bureau of Economic Research and Research Fellow of the Centre for Economic Policy Research. From 2008 to 2013, Stephen served as Economic Adviser and Head of the Monetary and Economic Department at the Bank for International Settlements in Basel, Switzerland. From 1997 to 1999 he was Director of Research at the Federal Reserve Bank of New York. In addition, he has been on the faculty of The Ohio State University and the New York University Leonard N. Stern School of Business. In 2016, he received an Honorary Doctorate in Economics from the University of Basel.

Linda S. Goldberg is Financial Research Adviser at the Federal Reserve Bank of New York, following roles that include Senior Vice President, Head of Global Economic Analysis and Head of the International Research function. Her main areas of expertise are global banking, international capital flows and the international roles of currencies. Linda represents the Federal Reserve Bank of New York at the Bank for International Settlements Committee on the Global Financial System. She also chairs the International Banking Research Network, is Technical Adviser at the Bank for International Settlements, Distinguished Fellow of the Centre for Economic Policy Research and Research Associate of National Bureau of Economic Research.

Ian Goldin is the Oxford University Professor of Globalisation and Development and the founding Director of the Oxford Martin School, the world’s leading centre for interdisciplinary research into critical global challenges. Ian previously was World Bank Vice President and the Group’s Director of Policy. From 1995-2000 he was Economic Adviser to President Nelson Mandela and Chief Executive of the Development Bank of Southern Africa. He has written and presented three BBC series. The most recent of Ian’s 25 books are Age of the City and The Shortest History of Migration. His previous books include Rescue: From Global Crisis to a Better World; Terra Incognita: 100 Maps to Survive the Next 100 Years; Age of Discovery: Navigating the Storms of our Second Renaissance; The Butterfly Defect: How globalisation creates systemic risks and what to do about them; and The Pursuit of Development. He has been knighted by the French government for services to development and is founding Chair of the core-econ.org charity and a founding Trustee of the International Center for Future Generations. See iangoldin.org for further details.

Luis de Guindos is Vice-President of the European Central Bank since 1 June 2018. In this capacity, he is also a member of the Executive Board, the Governing Council and General Council of the European Central Bank.

He was Minister of Economy, Industry and Competitiveness (2016-2018) and Minister of Economy and Competitiveness (2011-2016). He was Secretary of State for Economic Affairs and member of the Economic and Financial Committee of the EU (2002-2004,). Prior to that, he was Secretary General for Economic and Competition Policy (2000-2002) and Director General (1996-2000).

Mr de Guindos was Head of Financial Services (2008-2009) at PricewaterhouseCoopers and Director at IE Business School and PwC Center for the Finance Sector (2010-2011). He was Chief Executive Officer Iberia at Lehman Brothers and Chief Executive Officer at Nomura Securities (2006-2008).

He graduated with honours in BSc in Economics from Colegio Universitario de Estudios Financieros (CUNEF) in Spain (1982) and graduated as State Economist and Trade Expert (1984).

Pablo Hernández de Cos is former Governor of the Banco de España and Chair of the Advisory Technical Committee of the European Systemic Risk Board. As Governor of the Banco de España from June 2018 up to June 2024, he has also been member of the Governing and General Council of the European Central Bank as well as Chair of the Basel Committee on Banking Supervision and of the Board of Governors of the Centre for Latin American Monetary Studies. He has also been member of various European and International Committees including the European Systemic Risk Board, the Financial Stability Board, the Group of Governors and Heads of Supervision of the Bank for International Settlements, and the Advisory Board of the Financial Stability Institute, as well as Vice-Chairman of the Board of the Spanish Macroprudential Authority Financial Stability Council.

He holds a PhD in Economics (Complutense University, Madrid), a degree in Economics and Business Studies (CUNEF) and a degree in Law (UNED).

Petra is the Chairperson of the European Insurance and Occupational Pensions Authority (EIOPA) and has been leading the Authority since September 2021, following her appointment by the Council on 27 May 2021 after confirmation by the European Parliament on 18 May 2021.

Petra is also member of the Steering Committee and General Board of the European Systemic Risk Board and a voting member of the Executive Committee of the International Association of Insurance Supervisors (IAIS). Besides that she is the Champion of the IAIS Fintech Forum.

Prior to this role, Petra was Division Director of Insurance Supervision at De Nederlandsche Bank (DNB). She joined DNB in February 2007 as Policy Adviser, contributing to the development of Solvency II. In 2013 she became Head Insurance Policy and in 2015 she was appointed as Head of the DNB Expert Center for Fit & Proper assessments. In February 2017, Petra started as Director of Payments and Market. Prior to joining the DNB, Petra had an international career as Financial Adviser to emerging economies.

Prior to being appointed as EIOPA Chairperson, Petra was Alternate Member of the EIOPA Board of Supervisors. She was also Chair of the EIOPA Policy Committee. Before that she participated in several EIOPA and CEIOPS working groups and fulfilled some international roles including Chair of the FSB fmiCBCM (recovery & resolution for CCPs), member of the Committee for Payments and Market Infrastructures of the Bank for International Settlements, member of the European Central Bank Market Infrastructures Board, and member of the IAIS Technical Committee.

Petra has a European master’s degree in Law & Economics as well as in Russian Studies. She is married and proud mother of three children.

Zanna Iscenko is Principal Economist in the Chief Economist's Team at Google, leading on a wide range of competition and regulatory economics issues in Artificial Intelligence, as well as other digital markets. Her professional career prior to this includes roles as Senior Data Scientist at Spotify, Technical Specialist in Economics at the UK Financial Conduct Authority, and Senior Associate Economist at the UK Financial Services Authority. She holds a BA in Philosophy, Politics, and Economics from Oxford University, an MSc in Economics from Birkbeck, and a PhD in Economics from University College London. At the Financial Services Authority, she worked on the reform of banking prudential standards in the wake of the Financial Crisis of 2008, co-authoring innovative empirical research on the relationship between levels of bank capital, the probability of financial crisis and the level of GDP.

 Steffen Kern is Chief Economist and Head of Risk Analysis at the EU’s financial market regulatory and supervisory authority ESMA in Paris (France).

Appointed in 2012, he leads ESMA’s analytical work on financial stability, market integrity, and investor protection in securities and derivatives markets, the institutional investor industry as well as the financial market infrastructure of the EU.

Kern is a member of the advisory committees on financial market risks and vulnerabilities at the Financial Stability Board (FSB), the International Organisation of Securities Commissions (IOSCO), and to the European Systemic Risk Board (ESRB). He co-chairs the FSB’s and the ESRB’s expert groups on non-bank financial intermediation, and the ESRB’s High-Level Group on Crypto Assets. He is a member of the Group of leading Chief Economists at the World Economic Forum (WEF), and has been appointed co-chair to the WEF’s Advisory Council on Global Financial and Monetary System Reform. At the European University Institute, he serves as a member of the Florence School of Banking and Finance Advisory Council.

Before joining the EU’s public service, he had worked for Deutsche Bank, including positions as Director for International Financial Market Policy, as Senior Economist at Deutsche Bank Research, and at the Group Board offices.

Kern is a Professor at the Leibniz Institute for Financial Research SAFE (Goethe University Frankfurt, Germany) teaching international financial market development, risk and regulation. He served as a Senior Fellow of the Transatlantic Academy in Washington (US), and was appointed the 2010 Helmut Schmidt Fellow of the ZEIT-Foundation and the German Marshall Fund. He holds academic degrees in economics, politics, and philosophy from the Universities of Oxford (Great Britain) and Leuven (Belgium) and a doctorate from Erasmus University Rotterdam (The Netherlands). 

Sudeep Kesh is the Chief Innovation Officer for S&P Global Ratings. His team is responsible for research, development, and training programmes in the realm of Emerging Risk, primarily focused on digital risks like Cyber, Artificial Intelligence, and Technology Disruption, the interplay between these and financial markets, and implications to the evolving risk landscape more broadly. Additionally, Sudeep leads the Technology Disruption Research Lab across S&P Global where he leads analysts in research and thought leadership across the enterprise, most recently launching S&P Global’s Artificial Intelligence Insights (www.spglobal.ai). Sudeep has also led award-winning training programmes to help galvanize analysts’ thinking across the globe in these matters. In prior roles, Sudeep has led a global team of credit research and economics professionals to author well-regarded, award-winning research on various credit research topics. Sudeep holds a BSc in Management Science from the Rochester Institute of Technology and an MBA from Binghamton University.

Robin Lumsdaine joined the Kogod School of Business at American University as the Crown Prince of Bahrain Chair in International Finance. She was previously Associate Director in the Division of Banking Supervision and Regulation and Head of the Quantitative Risk Management Group at the Board of Governors of the Federal Reserve System. Before joining the Board, Professor Lumsdaine was Director in the Global Markets Research Division of Deutsche Bank where she served as the Global Inflation-Linked Bond Strategist. She has also held positions as Professor of Economics at Brown University, Senior Economist at the President's Council of Economic Advisers, and Assistant Professor at Princeton University.

Andréa Maechler became Deputy General Manager of the Bank for International Settlements on 1 September 2023.

Andréa Maechler was member of the Governing Board of the Swiss National Bank (SNB) from 2015 until 2023. At the SNB, she was responsible for the Money Market and Foreign Exchange, Asset Management, Banking Operations and Information Technology portfolios.

Prior to joining the SNB, she was Deputy Division Chief in the Global Markets Analysis Division of the International Monetary Fund. She has worked at other international organisations, including the European Systemic Risk Board and the Organisation for Economic Co-operation and Development.

She was Chair of the Global Foreign Exchange Committee of central banks from December 2021 to June 2023. She has a PhD and a master's degree in International Economics from the University of California, Santa Cruz, and a Diploma of Higher Studies (DES) in International Relations from the Graduate Institute of International Studies in Geneva, Switzerland.

Dr Trevor Maynard is the Executive Director of Systemic Risk at the Cambridge Centre for Risk Studies located at the Judge Business School at Cambridge University. He qualified as an actuary and holds a PhD in Statistics from the LSE and a Masters in Pure Mathematics from the University of Warwick. His work has involved risk modelling in various guises from Pensions and Life Assurance to general insurance, working for firms such as Lloyd's of London and Mercer. Whilst at Lloyd's, he founded the Emerging Risks team and produced risk reports on subjects including Space weather, Pandemics, Climate Change, Deep tail Marine disasters, Nano Technology, Geopolitics, AI, Robotics and IoT working with many think tanks, universities and specialist risk modelling firms. Additionally, he advises insurtech firms on risk modelling and data science.

Francesco Mazzaferro has been the Head of the Secretariat of the European Systemic Risk Board (ESRB) since January 2011. Prior to that, he was the Project Manager of the ESRB Preparatory Secretariat, which started work in March 2010.

He began his career in financial research in the Research Department of the Istituto Bancario San Paolo di Torino (today part of Intesa Sanpaolo) in Turin, Italy, in 1987. He joined the European Commission in Brussels, Belgium, in 1992, starting his international career in the Directorate General for Economic and Financial Affairs, where his work focused on the European Currency Unit and preparations for the introduction of the single currency. In 1995 he joined the European Monetary Institute – which later became the European Central Bank – in Frankfurt am Main, Germany, as the Officer of Policy Planning. In 1998, he became the Senior European Relations Officer in the European Relations Division. From 2000, he worked as Principal in the EU Neighbouring Regions Division, becoming the Head of Division in 2003.

Francesco studied law at the University of Bologna and wrote his master’s thesis on “EU law and legal aspects of the euro”.

Tsvetelina Nenova is a PhD candidate in Economics at London Business School and, from September 2024, Economist at the Bank for International Settlements. Prior to her PhD, she worked as an Economist at the Bank of England - in the External Monetary Policy Committee Unit (2014-2017) and in the Foreign Exchange Division, Markets (2011-2014). Her research interests include International Finance, International Macroeconomics and Monetary Economics.

Loriana Pelizzon is the Head of the Financial Market Department, Deputy Scientific Director and Coordinator of Gender Equality at the Leibniz Institute for Financial Research SAFE and Full Professor at Goethe University Frankfurt, Chair of Law and Finance. She is also Research Affiliate at MIT Sloan, Research Fellow of the Centre for Economic Policy Research and Professor of Economics at Ca’ Foscari University of Venice. She graduated from the London Business School with a Doctorate in Finance. Her research interests are on risk measurement and management, hedge funds, market microstructure, financial institutions, systemic risk, sovereign risk and financial crisis. She was one of the coordinators of the European Finance Association Doctoral Tutorial, member of the Executive Committee of the European Finance Association, and member of the BSI GAMMA Foundation Board. She has been involved in the National Bureau of Economic Research and Federal Deposit Insurance Corporation projects as well as EU projects (Marie Curie, FP7 and H2020), Europlace and Inquire Europe, Einaudi Institute of Economics and Finance, Bank of France projects, Ministero dell’Istruzione e del Merito, Deutsche Forschungsgemeinschaft, and VolkswagenStiftung. She was member of the EIOPA’s Insurance and Reinsurance Stakeholder Group and is currently Vice-Chair of the Advisory Scientific Committee of the European Systemic Risk Board, member of the EU independent expert advice team in the field of financial markets and institutions and external Expert for the EU commission on digital currency and blockchain technology.

Mr Olli Rehn is Governor of the Bank of Finland and member of the Governing Council of the European Central Bank as of 12 July 2018. Mr Rehn is also First Vice-Chair of the European Systemic Risk Board (ESRB) and Governor of the International Monetary Fund for Finland.

Mr Rehn was Vice-President of the European Commission in 2011–2014. As member of the European Commission, he was responsible for enlargement in 2004–2010 and for economic and monetary affairs in 2010-2014.

Before joining the central bank in 2017 Mr Rehn served as Minister of Economic Affairs in 2015–2016.

Mr Rehn has been a Member of the Finnish and European Parliaments. He served as Vice-President of the European Parliament in 2014-15.

Mr Rehn holds a degree of Doctor of Philosophy (DPhil) in International Political Economy from the University of Oxford (1996). He is Adjunct Professor (docent) in Political Science at the University of Helsinki and member of the Board of the LUT University.

Special interests of Mr Rehn include reading, football and cycling, sauna and the summer cottage.

Rafael Repullo is Professor of Economics at the Centre for Monetary and Financial Studies in Madrid, Spain. He is Fellow of the Econometric Society and of the European Economic Association, Research Fellow of the Centre for Economic Policy Research, member of the Financial Economists Roundtable, founding member of the European Corporate Governance Institute, and member of Academia Europaea. He has a PhD in Economics from the London School of Economics. He has been President of the Spanish Economic Association, Executive Vice-President of the Econometric Society, member of the Executive Committee of the Econometric Society and of the European Economic Association, Chair of the Scientific Council of Toulouse School of Economics, and Co-Editor of the International Journal of Central Banking.

Fernando Restoy became Chair of the Financial Stability Institute on 1 January 2017.

He had been Deputy Governor of the Bank of Spain since 2012. Previously, he held other senior positions at the Bank of Spain, which he joined in 1991. From 1995 to 1997 he was Economic Adviser and Head of the Monetary Framework Section at the European Monetary Institute in Frankfurt. Mr Restoy was Vice Chair of the Spanish Securities and Markets Commission from 2008 to 2012 and Vice Chair of IOSCO Technical Committee (now Board). He was the Chairman of the Spanish Executive Resolution Authority from 2012 to 2015 and has been a Member of the Supervisory Board of the ECB's Single Supervisory Mechanism from 2014 to end 2016.

He holds an MSc in Econometrics and Mathematical Economics from the London School of Economics and an MA and PhD in Economics from Harvard.

General Staff Officer, Captain Navy (ret) Jukka Savolainen (born 1962) is Director of Community of interest “Vulnerabilities and Resilience” in the European Center of Excellence for Countering Hybrid Threats. The Center is a multinational organization established in Helsinki in 2017. Since 2024, all 36 EU and NATO states have become members of it.

His networks contribute to the following fields: Conceptual work on Hybrid Threats as a joint project with EU Commission/JRC, Critical entities’ resilience, Maritime Hybrid Threats, Space, Economy, Geo-economy as driver of evolving global order, Instrumentalized migration (all topics strictly in a Hybrid Threats context).

His earlier assignments are, inter alia, Commander West Finland Coast Guard District of the Finnish Border Guard; Head of Mission in EU Police Mission in Afghanistan; Deputy Chief of Border and Coast Guard Division as well as Director for International Affairs of the Border Guard Headquarters in the Ministry of the Interior. Under his leadership during the Finnish EU-presidency 2006 the Integrated Border Management (IBM) concept was defined and the External Borders Fund agreed by the Council; Counsellor for border security in the Finnish Permanent Representation to the EU; National Expert in the General Secretariat of the Council of the EU, DG H - Justice and Home Affairs, Brussels.

At the earlier part of his career he served several years as the commanding officer onboard offshore patrol shipsand finally as Head of Operations at the Archipelago Sea Coast Guard District.

Captain Savolainen's study on Comprehensive Risk Analysis Model for Border Guards has contributed to various risk analysis systems, including the CIRAM of Frontex.

He has accomplished, inter alia, the following studies and courses: High Command at National Defense University 2013; Future Leaders in State Administration 2013; UN Senior Mission Leaders 2010; General Staff Officer at the National Defence University 1993-1995; Naval Academy 1983-1986; various courses of Economics in the University of Turku.

Captain Savolainen was decorated with the Cross of Freedom, 1st class.

As the BIS Economic Adviser, Mr Shin co-leads the Monetary and Economic Department and is part of the Bank’s senior management as a member of its Executive Committee.

Mr Shin has a background in academia. Before he took up his current position in May 2014, he was the Hughes-Rogers Professor of Economics at Princeton University, having previously held appointments at Oxford University and the London School of Economics. He has been an intellectual leader in the fields of banking, international finance and monetary economics, topics on which he has published widely, both in leading academic and official publications.

One area of recent focus has been in developing the Bank for International Settlement’s (BIS) research programme on digital innovation and the financial system, including the design of central bank digital currencies and their implications for users, financial intermediaries and the central bank. Mr Shin was part of the BIS management team that developed the BIS Innovation Hub and served as its Interim Head at its launch in 2019.

Mr Shin is a Korean national. In 2010, while on leave from Princeton University, he served as Senior Adviser to the Korean President, taking a leading role in formulating financial stability policy in Korea and developing the agenda for the G20 during Korea's presidency.

Mr Shin is author of numerous publications in the fields of monetary policy, banking, finance and issues related to financial stability and further details are available:www.bis.org/author/hyun_song_shin.htm.

Javier Suarez is Professor of Finance at the Center for Monetary and Financial Studies (CEMFI), Madrid, Research Fellow of the Center for Economic Policy Research, and Research Associate of the European Corporate Governance Institute. He earned his PhD in Economics at Universidad Carlos III, Madrid. Before joining CEMFI, he was a postdoctoral fellow in Harvard University and a lecturer at the London School of Economics. His research and teaching activities cover mainly the areas of corporate finance and banking, with a special focus on the analysis of bank regulation, the linkages between macroeconomics and banking, and macro-prudential policies. He has numerous publications in top economics and finance journals. During and in the aftermath of the Global Financial Crisis, he participated in numerous initiatives bringing together academics and policy makers for the discussion of key challenges for policies regarding banks, their regulation, and the wider implications for the economy. In 2013-2014 he served as an academic Adviser to the Macro-prudential Research Network of the European System of Central Banks. He is currently a member of Advisory Scientific Committee of the European Systemic Risk Board of which he was alternatively Vice-Chair and Chair between May 2015 and April 2023.

Erik Thedéen is Governor of Sveriges Riksbank and Chairman of the Executive Board since 1 January 2023.

Erik Thedéen is a member of the Board of Directors of the Bank for International Settlements and Chairman of the Basel Committee on Banking Supervision. He is also member of the General Council of the European Central Bank, member of the European Systemic Risk Board, Governor for Sweden in the International Monetary Fund, Board Member of the Nordic-Baltic Macroprudential Forum and Board Member of the Toronto Centre for Global Leadership in Financial Supervision.

Between October 2015 and November 2022, Erik Thedéen was Director General of the Swedish Financial Supervisory Authority (Finansinspektionen). He was also previously Board Member of International Organisation of Securities Commissions and Chair of its Task Force on Sustainable Finance, Vice Chair of the European Securities and Markets Authority and co-Chair of the Nordic-Baltic Macroprudential Forum.

Erik Thedéen has also been CEO of KPA Pension, State Secretary at the Swedish Ministry of Finance, President of the Stockholm Stock Exchange (Nasdaq Stockholm), a strategist at the hedge fund Brummer & Partners, Deputy Director General of the Swedish National Debt Office, a strategist at the money market firm JP Bank, and an analyst at Sveriges Riksbank.

Erik Thedéen holds a master’s degree in Business and Economics from the Stockholm School of Economics.

Dimitrios Tsomocos is Professor of Financial Economics at SAID Business School and a Fellow in Management at St Edmund Hall, University of Oxford.

A mathematical economist by trade, his main areas of expertise include banking and regulation; endogenous money, liquidity, and financial instability; incomplete asset markets; theoretical asset pricing; systemic risk and issues of new financial architecture.

Dimitrios’s research has had a substantial impact on economic policy around the world. In particular, he analyses issues of contagion, financial fragility, interbank linkages and the impact of the Basel Accord and financial regulation in the macroeconomy, using a General Equilibrium model with incomplete asset markets, money and endogenous default. He is working towards designing a new paradigm of monetary policy, financial stability analysis and macroprudential regulation. He publishes frequently in leading journals, including Journal of Political Economy, Journal of Mathematical Economics, Economic Theory, Journal of Economics Theory, Journal of Money, Credit and Banking, Journal of Financial Stability, Annals of Finance, International Journal of Central Banking, and Journal of Economics.

He co-developed the Goodhart – Tsomocos model of financial fragility in 2003 while working at the Bank of England. The impact has been significant and more than ten central banks have calibrated and are calibrating the model, including the Bank of Bulgaria, Bank of Colombia, Bank of England, Bank of Jamaica, the Bank of Korea, Bank of Russia, and the Central Bank of Chile. In 2011, Dimitrios provided testimony to House of Lords for the Economic and Financial Affairs and International Trade Sub Committee’s report, ‘The future of economic governance in the EU’.

Dimitrios has been an Economic Adviser to one of the main political parties in Greece and regularly provides commentary on the state of the Greek economy to local and international media. He has worked with central banks in countries including England, Bulgaria, Colombia, Greece, Korea and Norway to implement the Goodhart – Tsomocos model and advise them on issues of financial stability. He has also served as a Senior Research Associate at the Financial Markets Group at the London School of Economics.

Prior to joining Saïd, Dimitrios taught at Columbia University, and was an Economist at the Bank of England.

He holds a BA, MA, MPhil and a PhD from Yale University.

Dirk Zetzsche is Professor of Financial Law at the University of Luxembourg where he holds the ADA Chair in Financial Law since March 2016 and co-leads the Faculty of Law, Economics and Finance’s House of Sustainable Governance & Markets as well as Luxembourg’s National Centre of Excellence in Research on Financial Technologies. His research focuses on financial and corporate law, in particular FinTech/RegTech/CorpTech, collective investment schemes, as well as inclusive and sustainable finance.

Dirk is listed in the SSRN as one of the top ten law authors globally according to downloads in the last twelve months. Dirk is the author of more than 400 publications, including some globally leading articles and treatises on FinTech/RegTech, corporate governance, sustainable finance as well as collective and alternative investment law and regulation. His latest books include “FinTech: Finance, Technology, and Regulation” with Professors Ross P. Buckley and Douglas W. Arner, and “The EU Law on Crypto-assets” with Professor Jannik Woxholth. He is currently working on an article-by-article commentary on EU Sustainable Finance Regulation with Professor Julia Sinnig, as well as a monograph on inclusive sustainable finance with Professors Ross P. Buckley and Douglas W. Arner.

Dirk is also Director of the Society of Investment Law (Chicago, Illinois), member of the consultative working group of ESMA’s Investment Management Standing Committee and member of the Crypto-assets Task Force of the European Systemic Risk Board. In addition, he functions as an independent Director for financial institutions.

Dirk is a frequent Adviser of regulators worldwide having advised and presented to, inter alia, the Australian Securities / Investment Committee, the Bank for International Settlements, the Financial Stability Board, European Commission, European Parliament, the European Securities and Market Authority, the European Banking Authority, the Hong Kong Monetary Authority, IOSCO and the U.S. Securities and Exchange Commission. He regularly cooperates with development organisations and agencies across the globe, including ADA, the Alliance for Financial Inclusion, the Asian Development Bank, the Islamic Development Bank, the German GIZ, the International Monetary Fund, the Toronto Centre, the United Nations (UN) and the World Bank.

In February 2023, Dirk made a case for financial inclusion in front of the UN as contribution to the UN’s Social Commission. At the COP27 and COP28 (together with the Alliance for Financial Inclusion), he presented a Roadmap towards Inclusive Green Finance Implementation.