The Role of the Financial Stability Board

Avinash Persaud

Avinash Persaud's career spans finance, academia and policy advice. He was a top ranked sell-side analyst for 15 years and later a senior executive at J. P. Morgan, State Street and UBS GAM, before establishing Intelligence Capital Limited in 2005. He won the Jacques de Larosiere Prize from the IIF in 2000 for his essay on how trends in risk management and regulation were leading to systemic risks.

He is an Emeritus Professor of Gresham College and Visiting Fellow at CFAP, Judge Institute, Cambridge. He was elected a Member of Council of the Royal Economics Society (2007), is a Governor and former Member of Council of the London School of Economics. Persaud is known for his work on liquidity black holes and investors' shifting risk appetite.

He is a Member of the UN Commission of Experts on International Financial Reform, Chairman of the Second Warwick Commission, Co-Chair of the OECD EmNet, Deputy Chair of the Overseas Development Institute and a former founding director of the Global Association of Risk Professionals (2002-2009). He was formerly a Visiting Scholar at the IMF (2001) and the European Central Bank (2006). He is co-author of the Geneva Report on the Fundamental Principles of Financial Regulation with Brunnermeier, Crockett, Goodhart and Shin (2009). He is a member of the UK Treasury's Audit and Risk Committee and a Member of the Barbados National Council of Economic Advisors.