Washington D.C. – February 22, 2022
Today, CFA Institute Systemic Risk Council (SRC) announced that Marina Brogi of Italy, Andreas Raymond Dombret of Germany, and José Manuel González Páramo of Spain have joined the Council.
Erkki Liikanen, Co-Chair of the Council said, “We are thrilled to add these three very talented and experienced people to the Systemic Risk Council, broadening our European representation and adding important international perspectives to our Council discussions.”
Ms Brogi is an Italian economist, Full Professor of Banking and Finance at Sapienza University of Rome, where she also served as Deputy Dean of the Faculty of Economics (2011-2017). She teaches International Banking and Capital Markets as well as Corporate Governance in graduate, MBA, PhD and executive courses at Sapienza University and other universities in Italy and abroad. From January 2014 to June 2016, she was one of the 5 top-ranking independent academics appointed to serve on the Securities and Markets Stakeholder Group of the European Securities and Markets Authority (ESMA). In addition, Ms Brogi has served on various Bank of Italy governance bodies responsible for crisis procedures of banks and at Consob in the selection committee in numerous public competitions, among other prestigious assignments.
Mr. Dombret is German-American banker and was a member of the executive board of Deutsche Bundesbank from 2010 until 2018. From 2014 until 2018 Andreas served on the Supervisory Board of the ECB, and from 2012 until 2018 on the Board of the BIS. Earlier in his career, Andreas was Vice Chairman of Bank of America in EMEA, co-head of Rothschild Germany and Managing Director at JP Morgan in London and Frankfurt, having started his career at Deutsche Bank. After retiring from public office, Andreas Dombret assumed a portfolio of advisory mandates at various firms including Oliver Wyman, Santander, Sumitomo Mitsui Bank and Houlihan Lokey. He teaches at Columbia University and at the European Business School.
Mr. González-Páramo is a Spanish economist who served as a member of the Executive Board of the European Central Bank (ECB) from 2004 until 2012. In June 2013 he was appointed Executive Board member of Banco Bilbao Vizcaya Argentaria, S.A. (BBVA), one of the largest financial institutions in the world, and is present mainly in Spain, South America, North America, Turkey, and Romania. Before that he served as an Executive Board member of Bank of Spain, from 1994 to 2004. From 1985 to 1994 González-Páramo was an economic adviser to various public and private institutions including the Banco de España (1989–1994), the European Commission, the IMF and the World Bank Group. He is a professor of Economics at IESE Business School and the Chairman of the Supervisory Board of European DataWarehouse.
Welcoming the appointments, SRC Co-Chair Simon Johnson said, “I am absolutely thrilled these distinguished experts will be joining our systemic risk discussions. They bring a wealth experience and diverse perspectives to this important work.” The appointments are effective immediately and bring the Council to a total of seventeen members.
The Council is committed to engaging with U.S., European, and other global policy makers at the highest levels in order to preserve a stable financial system. For more on the SRC go to www.systemicriskcouncil.org