Keynote Speakers

Hangzhou, CHINA - April 24-26, 2015

Prof. Edward C. Prescott; 2004 Nobel Laureate in Economics; Adjunct Distinguished Professor; Australian National University

Edward C. Prescott received his B.A. in mathematics from Swarthmore College in 1962, his M.S in Operations Research from Case-Reserve University in 1963, and his Ph.D. in economics from Carnegie Mellon University in 1967.

He is an aggregate economist theorist who develops and applies dynamic economic theory to problems in financial economics, economic fluctuations, public finance, growth and development, and international economics areas.

He and Finn Kydland were jointly awarded the 2004 Nobel Prize in Economics "for their contributions to dynamic macroeconomics: the time consistency of economic policy and the driving forces behind business cycles.”

 

Dubai, UAE - March 30 - April 2, 2014

Prof. Jay R. Ritter; Joe B. Cordell Eminent Scholar Chair/ Eminent Scholar, University of Florida

Professor Ritter teaches corporate finance at the undergraduate, M.B.A. and Ph.D. levels. He is a leading academic authority on the market for newly issued stock. He has previously served on the faculties of the University of Pennsylvania’s Wharton School, the University of Michigan, the University of Illinois and was a visiting professor at the MIT Sloan School of Management.

 

 

Prof. William Megginson

Prof. William L. Megginson; Rainbolt Chair in Finance, The University of Oklahoma

 

Bill Megginson is the Rainbolt Chair in Finance at the University of Oklahoma’s Michael F. Price College of Business (1998). He was a professor at the University of Georgia for twelve years, where he taught corporate and international finance at the undergraduate and masters degree levels as well as a doctoral corporate finance theory course. He was a visiting Professor at the University of Zurich’s Swiss Banking Institute. Prior to entering academia, he worked for five years as a petroleum chemist at the world's largest styrene monomer plant and at the largest independent petroleum refinery in the United States.

Bill Megginson is the Rainbolt Chair in Finance at the University of Oklahoma’s Michael F. Price College of Business (1998). He is also the Saudi Aramco Chair in Finance at King Fahd University of Petroleum and Minerals and a frequent visiting professor at the Universite Paris-Dauphine. His research has encompassed the privatization of state owned enterprises and sovereign wealth funds, as well as corporate governance. Prior to entering academia, he worked for five years as a petroleum chemist at the world's largest styrene monomer plant and at the largest independent petroleum refinery in the United States.

 

Monterey Bay, CA, USA - May 20-22, 2013

Dr. Wolfgang Engshuber; Chairman, Principles for Responsible Investment, the United Nations

Dr. Wolfgang Engshuber was elected chair of in the PRI Advisory Council in January 2011. He is an ex officio Board member of the UN Global Compact.

After a career spanning 25 years, he retired formally from his executive position at Munich Re in October 2011, although he will continue as a senior advisor to Munich Re. As President, Corporate Centres, Munich Re America for 13 years, he oversaw key corporate departments, including Investments, Integrated Risk Management, Human Resources, IT, Claims, Legal, Internal Audit and Marketing. Dr. Engshuber served as a director of MEAG New York, a company that manages North American assets of Munich Re. Before moving to the United States in October 1998, he was employed by Munich Re, where he was a member of the executive management responsible for global asset management.

Dr. Engshuber earned his Masters of Law Degree in 1982 and a Ph.D. in Economics in 1986, both from the University of Munich. He also studied at the London School of Economics and worked for the International Monetary Fund and the German Ministry for Developing Countries. Dr. Engshuber earned his Masters of Law Degree in 1982 and a Ph.D. in Economics in 1986, both from the University of Munich. He also studied at the London School of Economics. Dr. Engshuber will speak on 'Sustainable Investing'.

 

 


Dr. Roberta Romano; Sterling Professor of Law and Director

 

Her research has focused on state competition for corporate charters, the political economy of takeover regulation, shareholder litigation, institutional investor activism in corporate governance, and the regulation of securities markets and financial instruments and institutions.

Professor Romano is a fellow of the American Academy of Arts and Sciences and the European Corporate Governance Institute, a research associate of the National Bureau for Economic Research, a past President of the American Law and Economics Association and the Society for Empirical Legal Studies, and a past co-editor of the Journal of Law, Economics and Organization.

She is the author of The Genius of American Corporate Law and The Advantage of Competitive Federalism for Securities Regulation, and series editor of the Foundations of Law reader series and editor of the volume in the series, Foundations of Corporate Law (2d ed.).

Professor Romano will speak on ‘International Financial Regulations’.

 

Poznan, Poland , June 27-30, 2010

 


Nobel Laureate, Dr. Robert A. Mundell

 

Since 1974, Robert Mundell (born 1932) has been Professor of Economics at Columbia University in New York. After studying at M.I.T. and the London School of Economics, he received his Ph.D. from M.I.T. in 1956, and was the Post-Doctoral Fellow in Political Economy at the University of Chicago in 1956-57. He taught at Stanford University and The Johns Hopkins Bologna Center of Advanced International Studies before joining the staff of the International Monetary Fund in 1961. From 1966 to 1971 he was a Professor of Economics at the University of Chicago and Editor of the journal of Political Economy; and from 1965 to 1975, he was (summer) Professor of International Economics at the Graduate Institute of International Studies in Geneva, Switzerland. For 1997-98 he was the AGIP Professor of Economics at the Johns Hopkins Bologna Center of the Paul H. Nitze School of Advanced International Studies.

Professor Mundell has been an adviser to a number of international agencies and organizations including the United Nations, the IMF, the World Bank, the European Commission, and several governments in Latin America and Europe, the Federal Reserve Board, the US Treasury and the Government of Canada.

In 1970, he was a consultant to the Monetary Committee of the European Economic Commission, and in 1972-73 a member of its Study Group on Economic and Monetary Union in Europe¨. He was a member of the Bellagio-Princeton Study Group on International Monetary Reform from 1964 to 1978, and Chairman of the Santa Colomba Conferences on International Monetary Reform between 1971 and 1987.

The author of numerous works and articles on economic theory of international economics, he prepared one of the first plans for a common currency in Europe and is known as the father of the theory of optimum currency areas.

He formulated what became a standard international macroeconomics model, was a pioneer of the theory of the monetary and fiscal policy mix, the theory of inflation and interest, the monetary approach to the balance of payments, and the co-founder of supply-side economics. He has also written extensively on the history of the international monetary system and played a significant role in the founding of the euro. He has also written extensively on the "transition" economies and in 1997 co-founded the Zagreb Journal of Economics.

Mundell's writings include over a hundred articles in the scientific journals and the following books: The International Monetary System: Conflict and Reform, Man and Economics, International Economics, Monetary Theory: Interest, Inflation and Growth in the World Economy, The New International Monetary System (ed. with J. J. Polak) (1977); Monetary Agenda for the World Economy (ed. with Jack Kemp) (1983); and co-edited books Global Disequilibrium (1990); Debts, Deficits and Economic Performance (1991); and Building the New Europe (ed. with M. Baldassarri) (1992); Inflation and Growth in China (ed. with M. Guitian) (1996); and The Euro as a Stabilizer in the International Monetary System (ed. with A. Clesse) (2000).

Professor Mundell presented the Frank Graham Memorial Lecture at Princeton University in 1965, the Marshall Lectures at Cambridge University in 1974, and the Ohlin Lectures in 1998. He was the first Rockefeller Research Professor of International Economics at the Brookings Institution in 1964-65, the Ford Foundation Research Professor of Economics at the University of Chicago in 1965-66, the Annenberg Professor of Communications at the University of Southern California in 1980, the Repap Professor of Economics at McGill University in 1989-90, the Richard Fox Professor of Economics at the University of Pennsylvania in 1990-91, and the Agip Professor of Economics at the Bologna Center in 1997-98.

He received a Guggenheim Prize in 1971, the Jacques Rueff Medal and Prize in 1983, the Docteur Honoris Causa from the University of Paris in 1992, an Honorary Professorship at Renmin University in China in 1995, the Distinguished Fellow Award from the American Economic Association in 1997, was made a fellow of the American Academy of Arts and Sciences in October 1998, and received the Nobel Memorial Prize in Economic Science in 1999.

 

 

 


Professor Leszek Balcerowicz

 

Professor Leszek Balcerowicz, Chair of International Comparison Studies at the Warsaw School of Economics, doctor honoris causa of the Poznan University of Economics, former Deputy Prime Minister & Minister of Finance of the Republic of Poland, former Governor of the National Bank of Poland, author of economic reforms that successfully converted the central managed economy of the communistic state towards a free market economy, often named “the father of transformation of the Polish economy”,

 

 
Honolulu, HI, United States, April 5-8, 2009

 


Dr. J.P. Schmidt

 

J.P. Schmidt was appointed Insurance Commissioner for the State of Hawaii February 2003. He is a Member on International Committee of National Association of Insurance Commissioners (NAIC), Chaired International Regulatory Cooperation Working Group, and Represented U.S. Insurance Regulators with U.S. Trade Representative in trade talks with Government of Japan leading to agreement to privatize KAMPO, and Represented U.S. Insurance Regulators in Financial Regulatory Working Group talks with Japan and China financial services regulators.

Previously, Commissioner Schmidt was a partner in the law firm of Crockett Nakamura & Schmidt in Wailuku, Maui, Hawaii. In the 1990’s, Mr. Schmidt was the Corporation Counsel for the County of Maui, after serving as Deputy Corporation Counsel advising Budget and Finance. Before moving to Maui in 1989, Mr. Schmidt was an Officer with the Dai Ichi Kangyo Bank, Los Angeles Agency, in Commercial Lending, with Coldwell Banker Commercial Group, Inc., sold trucks, was a Real Estate Broker and was an Emergency Medical Technician for Schaeffer Ambulance.

The Commissioner was also a member of the Maui Arts & Culture Center, Outdoor Circle, the Nature Conservancy, Sierra Club, and the ACLU and led hikes for prerelease parolees of the California State Youth Authority.

Commissioner Schmidt received a Juris Doctorate from University of California at Davis, Martin Luther King, Jr. Hall School of Law, and a B.A. in Philosophy from UCLA.

 

 
Hangzhou, China, May 18-20, 2008

 


The Rt. Hon. Mike Moore

 

The Rt. Hon. Mike Moore was the Director-General of the World Trade Organisation from 1999 to 2002. He is well known internationally as an articulate proponent of the advantages of a free and fair global trading system. He is a former New Zealand Prime Minister, Trade Minister, Foreign Minister and Deputy Finance Minister. Mr. Moore is also a member of the Privy Council. Over a dozen governments and universities in the Americas, Africa, the Pacific and Europe have honoured him. A prolific author, his most recent book is A World without Walls (Cambridge University Press, 2003).

Mike Moore's term as Director-General of the WTO coincided with momentous changes in the global economy and multilateral trading system. He is widely credited with restoring confidence in the system following the setback of the 3rd WTO Ministerial Conference held in Seattle in 1999. Ministers at the 4th WTO Ministerial Conference in Doha, Qatar respect him as the driving force behind the decision to launch a new round of multilateral trade negotiations. That meeting in 2001 also saw the successful accession to the WTO of China and Chinese Taipei, which along with Estonia, Jordan, Georgia, Albania, Oman, Croatia, Lithuania and Moldova joined during Mr. Moore's term bringing in the majority of the world's population within the rules-based trading system. He introduced significant changes to the way the WTO operates. While maintaining the organization's focus on its core business of trade liberalization, he gave particular attention to helping poor countries participate effectively in the multilateral trading system. He also introduced initiatives to enhance the WTO's image, articulated the case for free and fair trade in a wide range of media and deepened the organization's relations with civil society.
On behalf of New Zealand, Mike Moore was an active participant in international discussions on trade liberalisation. As Minister of Overseas Trade and Marketing, he played a leading role in launching the Uruguay Round of GATT negotiations. He was a member of the International Eminent Persons Group on World Trade (formed in 1989 to press for a successful outcome to the Uruguay Round and made up of 14 influential political and business leaders from around the world). He attended key WTO meetings including Punta Del Este (1986), Montreal (1988), Brussels (1990), and Marrakech (1994). Mike Moore became the youngest Member of Parliament ever elected in New Zealand in 1972. He is the recipient of numerous honours. In 1999, he was awarded New Zealand's highest honour, The Order of New Zealand, having earlier been awarded the New Zealand 1990 Commemoration Medal. La Trobe University has also conferred an Honorary Doctorate of Commerce degree upon him. Other countries have also honoured Mr. Moore. In 2000, he was made Commander of the Order of the Equatorial Star (Commandeur de L'ordre de Laetrile Equatoriale) by the Government of Gabon. He has also received the Chancellor's Medal (Medalla Rectoral) from the University of Chile. In 2002, he received the National Order of Cote d'Ivoire (l'Ordre National de Cote d'Ivoire en qualite de Commandeur) and also the Order of the Golden Heart of Kenya.

Erasmus University, Rotterdam, awarded Mike Moore its Business Week award in 2002. The Government of the Republic of Croatia awarded him the Order of Duke Branimir with Ribbon in June 2002. In July 2002, the Government of Georgia awarded Mr Moore the National Honour of Georgia. In August 2002, the Government of Uruguay awarded Mr Moore their highest national honour, the Medal of the Oriental Republic of Uruguay. Also in August 2002, The Holy See honoured him with the Pope Paul II annual medal. Mr. Moore has accepted an invitation to become a Trilateral Commissioner member and a part time position as New Zealand's Trade Envoy. He was the recipient of the US - NZ Torchbearer Award awarded by the US - NZ Business Council. In November 2002, Mr Moore accepted an invitation to be a Special Advisor to the China Institute for Reform and Development's WTO Reference Centre.

 

 
Melbourne, Australia, April 1-4, 2007

 


The Rt. Hon. Mike Moore

 

Please see above.

 

 


Cao Baijun

 

Mr. Cao Baijun was educated at Shanghai Foreign Language University, Heidelberg University, Germany and UCLA in the USA. Since 1997 Cao Baijun has been General Manager of China Hualian International Trade Co. and since 1999 he has been President of the China Economic Trade Center.

The China Economic Cooperation Center (CECC) was established in 1993. It is a national organization committed to fostering cooperation and assistance on the basis of participation and partnership among business circles in China and the rest of the world. CECC has established extensive business ties with hundreds of enterprises and economic organizations throughout the world. It has made successful efforts to assist multinationals and companies from Australia, Europe, Japan and the United States to enter the Chinese infrastructure market (power generation, sewage purification, transportation, environmental protection, etc.) and markets of manufacture and retailing. CECC also helps domestic enterprises access to international markets. CECC helps foreign business know better about Chinese market by providing consultancy service in the fields of law & rules, direct investment, management, information and international business, etc. It seeks competent partners for enterprises, at home and abroad, to forge joint ventures. It plays a role of bridge between domestic and international businesses, and between businesses and the relevant Chinese governmental departments.

 

 
Rio, Brazil, April 26-28, 2006

 


Finn Kydland

 

Dr. Finn Kydland is a professor of Economics, Carnegie Mellon University Winner of the Nobel Prize in Economics Sciences (2004) University of California – Santa Barbara Time Consistency of Monetary Policy and Business Cycles The theme is particularly relevant for Brazil where issues of Central Bank independence, the very high level of interest rates, and economic growth will be at the top of the political agenda in the presidential election year of 2006.

Policymakers may wish to restrain inflation in the long run by raising interest rates, but political constraints make them reluctant to bear the short-term costs of doing so. This was quite true in Brazil and may have led to our very high inflation rates in the 1990's. The high interest rates years followed and inflation came down but the political pressure for more economic growth is on. This issue, of time consistency of the monetary policy, central bank independence, political pressures, and the business cycle will be the center of professor Kydland's talk.

 

 


Graciela Chichilnisky

 

 

Graciela Chichilnisky is the UNESCO Professor of Mathematics and Economics and Director of the Columbia Consortium for Risk Management. She was the architect of the global market for emissions trading in the Kyoto Protocol who wrote the global carbon market provision into the Protocol and the lead author of the Intergovernmental Panel on Climate Change (IPCC). She is the author of hundreds of academic and professional articles in prestigious journals of mathematics and economics. She is the author of “Environmental Markets: Equity and Efficiency” published by the Columbia University Press and was named by the Kiel Institute one of the “Leading Thinkers in Global Economics Affairs” in 2005. Dr. Chichilnisky was born in Argentina and obtained her two PhD's in Mathematics and in Economics from the University of California at Berkeley.

 
Dublin, Ireland, June 28-30, 2005

 


Robert J Shiller

 

Robert J. Shiller is the Stanley B. Resor Professor of Economics, Cowles Foundation for Research in Economics, Yale University, and fellow at the International Center for Finance, Yale School of Management. He received his Ph.D. in economics from the MIT in 1972. He is Research Associate of the National Bureau of Economic Research, a fellow of the American Academy of Arts & Sciences, a fellow of the Econometric Society, a member of the Academic Advisory Panel for the Federal Reserve Bank of New York, and a recipient of a Guggenheim fellowship.

He has written widely on financial markets, behavioral economics, macroeconomics, real estate, statistical methods, and on public attitudes, opinions, and moral judgments regarding markets. His 1989 book Market Volatility (MIT Press) was a mathematical and behavioral analysis of price fluctuations in speculative markets. His 1993 book Macro Markets: Creating Institutions for Managing Society's Largest Economic Risks (Oxford University Press) proposed a variety of new risk-management contracts, such as futures contracts in national incomes or in real estate that would revolutionize the management of risks to standards of living. This book won the 1996 Paul A. Samuelson Award, TIAA-CREF. His book Irrational Exuberance (Princeton University Press, 2000, Broadway Books 2001) is an analysis and explication of the stock market boom since 1982. This book won the Common fund Prize, 2000, and was a New York Times Nonfiction Bestseller.

He is co-founder of Case Shiller Weiss, Inc. in Cambridge MA, an economics research and information firm, and of Macro Securities Research, LLC, a firm devoted to the securitization of new risks. He has written widely on financial markets, behavioral economics, macroeconomics, real estate, statistical methods, and on public attitudes, opinions, and moral judgments regarding markets. His 1989 book Market Volatility (MIT Press) was a mathematical and behavioral analysis of price fluctuations in speculative markets. His 1993 book Macro Markets: Creating Institutions for Managing Society's Largest Economic Risks (Oxford University Press) proposed a variety of new risk-management contracts, such as futures contracts in national incomes or in real estate that would revolutionize the management of risks to standards of living. This book won the 1996 Paul A. Samuelson Award, TIAA-CREF. His book Irrational Exuberance (Princeton University Press, 2000, Broadway Books 2001) is an analysis and explication of the stock market boom since 1982. This book won the Common fund Prize, 2000, and was a New York Times Nonfiction Bestseller. He is co-founder of Case Shiller Weiss, Inc. in Cambridge MA, an economics research and information firm, and of Macro Securities Research, LLC, a firm devoted to the securitization of new risks.
 

 


Campbell Harvey

 

Dr. Campbell Harvey’s work on the implications of changing risk and the dynamics of risk premiums for tactical asset allocation has been published in the top academic and practitioner journals. He has published over 100 scholarly articles and books. Professor Harvey obtained his doctorate at the University of Chicago in business finance. His undergraduate studies in economics were conducted at the University of Toronto. He has served on the faculties of the Stockholm School of Economics, the Helsinki School of Economics, and the Graduate School of Business at the University of Chicago . He has also been a visiting scholar at the Board of Governors of the Federal Reserve System. He was recently awarded an honorary doctorate from Svenska Handelshögskolan in Helsinki.

Professor Harvey is an internationally recognized expert in portfolio management and global risk management. His work on the implications of changing risk and the dynamics of risk premiums for tactical asset allocation has been published in the top academic and practitioner journals. He has published over 100 scholarly articles and books. His work is frequently presented in international conferences and is often featured in the business press. In addition, Professor Harvey has wide-ranging practical experience. He serves as a consultant to some of the world's leading asset management and consulting firms. He specializes in the construction of global equity and fixed income allocation models and providing estimates of the international cost of capital. Professor Harvey is Editor of the Review of Financial Studies one of the leading publications in finance. In addition, he is an Associate Editor of the Journal of Financial Economics, the Journal of Empirical Finance, the Journal of Fixed Income, the Pacific Basin Finance Journal, the Journal of Banking & Finance, the Journal of International Financial Institutions, Markets and Money, European Financial Management, the International Review of Economics and Finance, and the European Journal of Finance. He is also Co-Editor of the Emerging Markets Review.

 

 
Las Vegas, Nevada, April 4-6, 2004

 

John Marshall

 

Jack Marshall is a Founding Director and, since May of 2006, Vice Chairman of the International Securities Exchange, the largest equity options exchange in the world, and chairman of the Exchange’s Finance & Audit Committee; and he is the CEO of Port Jefferson Capital I, LLC, a venture capital firm. Dr. Marshall has authored nineteen books (including translations) and several dozen articles. He is an Adjunct Professor in the NASD Institute at Wharton Continuing Education Program and is a frequently requested speaker for financial conferences. See Financial Engineering News' One on One Interview with Dr. Marshall.

Dr. Marshall contributed to the development of index arbitrage using stock index futures, and to the development of the first published pricing models for both equity swaps and CMT swaps. He is the originator or co-originator of seasonal swaps, synthetic barter, macroeconomic derivatives, and several mortgage product variants. Dr. Marshall served on the faculty of the Graduate School of Business at St. John’s University for twenty years. Concurrently, from 1992 to 1998, Dr. Marshall served as the Executive Director of the International Association of Financial Engineers (IAFE). During his time as its Executive Director, the IAFE grew from 40 founding members to over 2000 members worldwide. From 1997 through 1999 he served on the Board of Directors of the Fischer Black Memorial Foundation. From 1991 to 1995, he served as the managing trustee for the Paine Webber sponsored Health Care Equity Trust. From 1994 to 1996, Dr. Marshall served as Visiting Professor of Financial Engineering at Polytechnic University where he created the nation’s first Master of Science degree program in Financial Engineering. During 1992 he held the post of Distinguished Visiting Professor of Finance at the Moscow Institute of Physics and Technology.

Dr. Marshall has been an invited lecturer at the Wharton School, the Stern School, and the Graduate School of Business of the University of Chicago. As a consultant, Dr. Marshall has worked for a number of government agencies and for more than fifteen major financial institutions. Dr. Marshall holds the B.S., MBA, MA and Ph.D. degrees, the latter in Financial Economics. For a more extensive biography, please visit our principals page.
 

 


J.D. Agarwal

 

Professor J.D. Agarwal is the founder Chairman & Director of Indian Institute of Finance since 1987 & Chief Editor of Finance India. Some of his works include Goal Programming Model for Capital Budgeting Decisions with priority structuring, Stochastic Goal Programming Model for Capital Budgeting Decisions under risk and uncertainty, Lexicographic ranking of multiple goals, Fuzzy Goal Programming Model for Capital Budgeting Decisions, Goal Programming Model for Working Capital for business firms. He has written over 10 books, edited over 60 volumes of Finance India, published more than 70 research papers, authored more than 32 book reviews, 200 case studies and working papers. He has lectured in more than 500 MDPs and trained more than 10,000 senior executives from government and industry.

 

 

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Joseph Penbera

 

 

Dr. Joseph J. Penbera is a former Dean, Craig School of Business, Eaton Fellow for Economic Development in CSU's first "think tank" during period of major endowment, research, facility and enrollment growth.; Chairman & CEO, Economistusa,Inc.. Dr. Penbera serves on my board of directors of publicly traded firms, including,

  1. Director of Forensic Services Center, Provided over 100 sophisticated economic analyses and reports, consultancies and expert testimony to courts, law firms, banks, executives, boards of directors, and governmental and international agencies, to help resolve financial and business issues, commercial disputes, as well as a wide range of financial valuations.
  2. Gottschalks, N.Y. Stock Exchange-listed retailer doing business in the Western U.S., with over $600 million in annual sales. Audit Committee Chairman; Compensation Committee member. Director since Gottschalks went public in 1986.
  3. Rug Doctor, One of the largest professional cleaning companies in the world with over 30,000 retail locations throughout the U.S., England, South Africa, Middle East and Asia.and
  4. Verdisys - Provide economic research & policy analysis to private firms, public entities & the media. Prepared major studies of professional sports franchises, airport, immigration, job development, land development and marketing plans.

Dr. Penbra is an authoritative source on economic issues by a variety of local, national and international newspapers. Appeared on ABC Nightly News with Peter Jennings, the BBC, and the McNeil-Lehrer News Hour. Profiled in The Business Journal as the "Sleuth of Economic Truth." "One of the best forecast economists in the nation" (Knight Kiplinger, editor-publisher of The Kiplinger Letter)

 

Frankfurt, Germany, June 24-26, 2003

 


Werner De Bondt

 

Prof. Werner F. De Bondt, Ph.D., is Professor of Finance, Investment and Banking as well as Frank Garner Professor of Investment Management at the University of Wisconsin – Madison School of Business. His areas of expertise include Behavioral Finance, Financial Economics, Stock Valuation and Trading, and Security Analysis. In part years, he has been a professor at universities in Belgium, The Netherlands, and Switzerland. Werner De Bondt’s research interests are interdisciplinary. As one of the founders of behavioral finance, he studies the psychology of investors and financial markets. He is a frequent speaker to academics and investment professionals, in Europe and Asia as well as in the United States.

 

 


Otmar Issing

 

Professor Dr. .h.c. mult. Otmar Issing is Member of the Executive Board of the European Central Bank. He holds a venia legendi for economic theory and economic policy. His former positions include full professorships at the universities of Würzburg and Erlangen-Nuremberg. Prof. Issing was Member of the Council of Experts for the Assessment of Overall Economic Trends at the German Federal Ministry of Economics. His memberships in academic and professional bodies include the American Economic Association and the European Academy of Sciences and Arts. He is author of numerous articles and books, such as “Introduction to Monetary Theory” (11th ed. 1998).

 

 


Richard Brealey

 

Professor Richard A. Brealey is the Tokai Professor of Finance at the London School of Business. He is a past Director of the American Finance Association and past President of the European Finance Association. He is also an elected Honorary Fellow of the Society of Investment Analysts. Prof. Brealey’s areas of expertise include Financial Contracts, Cost of Capital, Intellectual Property as well as Governmental & Regulatory Bodies. Together with Stewart C. Myers, he is co-author of the leading graduate level textbook on corporate finance. He frequently advises major corporations and government agencies, and he is an experienced expert witness in both U.K.-domestic and international disputes.

 

 


Hans Tietmeyer

 

 

Prof. Dr. Dr. h.c. mult. Hans Tietmeyer is President of the EUROPEAN BUSINESS SCHOOL in Oestrich-Winkel, Germany. In 1952 he began to study Catholic theology; then, from 1953 onwards, he studied economics and sociology in Münster, Bonn and Cologne, taking a master's degree in economics in 1958, and gaining a doctorate in 1960. From 1982 until 1990 he was Secretary of State at the Ministry of Finance where his area of expertise was financial politics. 1990 he was elected Member of the Board of the German Federal Bank. From 1993 until 1999 he was President of the German Federal Bank. He initiated and promoted the introduction of the Euro, the new common European currency.

 

 
Beijing, China, May 28-30, 2002

 


Jay Ritter

 

Professor Ritter teaches corporate finance at the undergraduate, MBA and Ph.D. levels at the University of Florida. He is a leading academic authority on the market for newly issued stock. He has previously served on the faculties of the University of Pennsylvania’s Wharton School, Michigan, Illinois and was a visiting professor at the MIT Sloan School of Management. Professor Ritter serves on the editorial boards of Journal of Financial Economics, Journal of Financial and Quantitative Analysis, Financial Management, Journal of Psychology and Financial Markets, and Pacific-Basin Finance Journal.

 

 


William Megginson

 

 

Bill Megginson is the Rainbolt Chair in Finance at the University of Oklahoma’s Michael F. Price College of Business (1998). He was a professor at the University of Georgia for twelve years, where he taught corporate and international finance at the undergraduate and masters degree levels as well as a doctoral corporate finance theory course. He was a visiting Professor at the University of Zurich’s Swiss Banking Institute. Prior to entering academia, he worked for five years as a petroleum chemist at the world's largest styrene monomer plant and at the largest independent petroleum refinery in the United States.

 

 
Los Angeles, California, April 4-7, 2001

 


Bill Finkelstein

 

Bill Finkelstein is a senior partner for financial services in the Internet Business Solutions Group at Cisco Systems. He has more than 30 years of experience in information technology and financial services, serving in both business and technology executive positions. He is currently also on the board of Commerce Net International is an Advisor to Keynote Systems and Epidemic. Prior to their acquisition, Mr. Finkelstein also served as an advisor to International Network Systems, Vital Signs Software, and Network Information Technology.

Before joining Cisco, Mr. Finkelstein was Chief Scientist for Wells Fargo's Online Financial Services Group and was the original proponent of the Wells Fargo web site. He is responsible for the team that developed Wells Fargo Internet Banking making Wells Fargo the first financial services institution to offer Internet banking. In addition, Mr. Finkelstein was Senior Technology Manager at Citicorp for 12 years. Mr. Finkelstein holds B.S. and M.S. degrees, summa cum laude, in Engineering and Computer Science from UCLA. He has taught at the UCLA Graduate School of Management and UCLA Management Extension.

 

 


Lori Mirek

 

 

President and Chief Executive Officer, Lori Mirek brings more than fifteen years of software, architecture development, marketing and Internet B2B management expertise to Currenex, the first online "multibank" global foreign currency exchange. Most recently, Ms. Mirek was a Senior Vice President and General Manager at America Online, leading America Online's B2B E-commerce division. While there, she was responsible for the strategic positioning of the company with CEOs, as well as managing all aspects of sales, marketing and product development within the business unit. Prior to that, Ms. Mirek was Senior Vice President and Head of Worldwide Marketing at Netscape, serving as a corporate officer and member of the six-person executive committee responsible for corporate strategy and marketing. She led a 150-person corporate marketing, enterprise marketing and solution sales organization, and was responsible for creating a unified corporate vision and strategy, which transformed Netscape into an electronic commerce software and portal services company.

 

 

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Anthony Herbst

 

Anthony Herbst, Professor of finance and economics at University of Texas, El Paso. Founding partner of New Market Solutions, LLC, an Arizona financial technology company “Using Excel for Pricing Options & Calculating Portfolio Weights using the Markowitz Model” Professor Herbst, author of many books and articles for both academicians and practitioners, is an expert in derivatives, real options, capital budgeting, investment, risk and hedging strategies, financial technology applications and finance.

Professor Herbst has extensive International Experience: Canada, Saudi Arabia, and Finland. In Saudi Arabia I taught in the college of business at King Fahd University of Petroleum & Minerals in 1991-92. There I developed a Master of Science in Finance proposal for the university and a proposal for a management training program for SAMAREC (the marketing agency for Saudi Arabian refined petroleum products), 1991-92. He taught MBA-level graduate course in risk management and derivatives several times for the Helsinki School of Economics & Business Administration in the latter 1990s. In September 1997 I served as 'official opponent' in a Ph D finance dissertation defense and taught a PhD seminar in risk management and derivative instruments at the Helsinki School of Economics and Business Administration. Prior to joining academe, he was operations research manager at National Bank of Detroit and as industrial engineer at Koppers Corporation and at Ford Motor Company.

 

 
Chicago, Ill, April 19-22, 2000

 


Franklin Allen

 

 

Franklin Allen is the Nippon Life Professor of Finance and Economics at The Wharton School at University of Pennsylvania. Professor Allen (Ph.D. University of Oxford) is one of the most prominent scholars in the field of Finance. Highly respected for his influential research in corporate finance, asset pricing and economics of information, Professor Allen is President-elect of American Finance Association. The topic of Professor Allen’s keynote address at the 2000 meetings of Global Finance Conference will be Financial Crisis

 

 


Michael H. Moskow

 

 

Michael H. Moskow is President and CEO of the Federal Reserve Bank of Chicago. Dr. Moskow (Ph.D. University of Pennsylvania) took office September 1, 1994, as the eighth chief executive of the Seventh District Federal Reserve Bank, at Chicago. Dr. Moskow began his career teaching economics, labor relations and management. From 1969-1977, he held a number of senior positions with the U.S. government. Subsequently, he joined the Executive ranks of a number of firms including, Estronics, Velsicol Chemical Corporation, Dart and Kraft, Inc., and Premark, Inc.

 

 

 


Diane Swonk

 

 

Diane Swonk is a senior managing director and chief economist for Mesirow Financial, a diversified financial services firm based in Chicago. As one of the most sought-after economists in the world, Diane is called upon by policymakers and business leaders from Washington to Tokyo. Diane joined Mesirow Financial after 19 years with Bank One Corporation and its predecessors, most recently as director of economics/chief economist and senior vice president. She started her career with the legacy First Chicago Corporation in 1985 and quickly moved up the ranks, proving herself as a regional economist with her forecast for a renaissance in the Industrial Midwest just one year later. During her tenure there, Diane designed the bank's regional model, published several nationally acclaimed studies, managed the Bank One Corporate Economics Group and published her first book: The Passionate Economist: Finding the Power and Humanity Behind the Numbers. In addition, she serves as a Clinical Professor for DePaul University's highly rated evening MBA program.

Diane sits on several advisory committees to the Federal Reserve Board, its regional banks, and the Council of Economic Advisers for the White House. Most recently, she was appointed to serve on the Congressional Budget Office's panel of economic advisers. She is among the most quoted economists in the financial press. Diane is seen regularly on national and international television and her commentary can be read in top financial news publications throughout the world. In fact, Chicago magazine once commented, "her name seems the very heartbeat of the business pages."

Diane has served on several boards including the National Association for Business Economics (NABE), the Finance Committee for the Executives' Club of Chicago, and the Board of Trustees for the Illinois Council on Economic Education. She is a past president of NABE, a title that Federal Reserve Chairman Alan Greenspan and several Federal Reserve presidents have also shared. Diane was the youngest to serve as president in the association's history and continues to dedicate much of her time to improving the quality and timeliness of economic data, a critical aspect of policymaking.

Diane has earned many awards over her career. She was designated "Business Leader of the Year" by the YWCA of Metropolitan Chicago, named a "Fellow" of NABE for her outstanding contributions to the field of business economics, and listed as one of the top forecasters in the country by the Wall Street Journal. Today's Chicago Woman named her the "Top Woman in Finance in Chicago" and the Chicago Sun Times recently crowned her one of the most influential women in business in Chicago.

Diane earned both her bachelor's and master's degrees in economics with top honors from the University of Michigan. She also received a master's degree in finance and strategic planning with top honors from the University of Chicago. Diane has two children, ages 11 and 8.