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Speaker Biographies

Thursday 16 April 2009


Session I: Chair – Lorraine Talbot

Key Note Address: Philip Wood

Philip Wood was appointed by the Queen as QC honoris causa in March 2009. Philip joined the firm as an articled clerk in 1967, was made a partner in 1974 and was head of the firm's Banking Department in the 1990s. He has 40 years of experience in an international law firm. He works in the firm full-time. He holds the following posts: Special Global Counsel, Allen & Overy LLP; Visiting Professor in International Financial Law, University of Oxford; Yorke Distinguished Visiting Fellow, University of Cambridge; Visiting Professor, Queen Mary College, University of London; Visiting Professor, London School of Economics & Political Science; Head, Allen & Overy Global Law Intelligence Unit. Philip is the author of more than 18 books on international finance, including nine books published in 2007/2008 on the law and practice of international finance. He is an expert on cross-border law and comparative financial law. He has published a book of maps of world financial law which dramatically portray in colour the position of the world's jurisdictions on various issues relating to financial law. He serves on the editorial board of a number of legal journals. He is establishing and managing a Global Law Intelligence Unit for the firm and its clients. Philip Wood is an expert on cross-border law and comparative financial law. In March 2009 Philip was appointed by the Queen as QC honoris causa. He has published a book of maps of world financial law which dramatically portray in colour the position of the world's jurisdictions on various issues relating to financial law.

George G. Kaufman is a John F. Smith Professor of Economics and Finance at Loyola University Chicago and consultant to the Federal Reserve Bank of Chicago. From 1959 to 1970, he was at the Federal Reserve Bank of Chicago and, after teaching for ten years at the University of Oregon, he returned as a consultant to the Bank in 1981.He has published widely on financial markets and institutions. Kaufman is a co-editor of the Journal of Financial Stability and a founding editor of the Journal of Financial Services Research. He is former president of the Western Finance Association, the Midwest Finance Association, and the North American Economic and Finance Association. He serves as co-chair of the Shadow Financial Regulatory Committee. Kaufman holds a PhD in economics from the University of Iowa.



Session II: Chair – Karen Gibbons


Geoffrey Wood is Professor of Economics at Cass Business School, London, Professor of Monetary Economics at the University of Buckingham, and Visiting Professorial Fellow in Commercial Law at the University of London. In the past he has worked in the Bank of England and in the US Federal Reserve System. He has acted as an adviser to the New Zealand Treasury, is a director of a special situations investment trust, and a member of the investment advisory panel of a large pension fund. He has also been economic adviser to two stockbroking partnerships, and to a bank. He is also Specialist Adviser to the Treasury Select Committee of the House of Commons. He has published fourteen books and over a hundred professional papers in the fields of banking, monetary policy, and regulation.


Professor Marcus Miller of the Economics Department at Warwick University teaches macroeconomics and international macroeconomics at masters and and undergraduate level, he is Research Fellow at CEPR, London, visiting Fellow at IIE, Washington and visting lecturer at ICEF in Moscow. Educated at Oxford University (PPE) and Yale University (Ph.D), previous academic career includes posts at the London School of Economics and Manchester University, with visiting teaching positions at Chicago University Business School and Princeton University. He has worked as an Economist at the Bank of England; acted as advisor to the Treasury Committee of the House of Commons; was Member and Chair of Academic Panel of the Treasury and joint director of International Macroeconomics Programme at CEPR from1986 to 1991. Over the years he has been visiting fellow/economic consultant at the OECD, TACIS (Technical Assistance to the CIS, on Macroeconomic Policy in the Ukraine), IMF, World Bank, ECB; and recently at the Inter-American Development Bank. Contributing editor to Exchange Rate Targets and Currency Bands (with Paul Krugman), CUP (1992) and the Asian Financial Crisis (with P. Agenor et al.), CUP (1999), among others. Recent co-authored papers include “Moral Hazard and the US Stock Market: Analysing the ‘Greenspan Put’” and “Creditor co-ordination, moral hazard and sovereign bankruptcy procedures” in The Economic Journal; and “Debt Restructuring and Economic Recovery: Analysing the Argentine Swap” in The World Economy. Research during an ESRC Professorial Fellowship 2004-2007 involves game theory applied to debt restructuring, law and economics, and models of capital flows. Current research involves simple general equilibrium models of global imbalances, analysis of boom and bust in asset markets, and the determination of oil prices using the Hotelling approach, topics to be pursued during tenure of a Houblon Norman Fellowship at the Bank of England, October - December 2008.


Session III: Chair – Larry D. Wall


Simon Gleeson is a Partner at Clifford Chance, London. Simon was formerly a stockbroker, who has particular expertise in the regulation of the securities and financial markets and also specialises in custodianship, investment vehicles and bank capital regulation. Career: Stockbroker, Williams de Bro'eb 1986-91; Barrister 1991-94; associate Richards Butler 1994-97; Partner Richards Butler 1997-98; senior associate Allen & Overy 1998. Partner 2001.Publications: Editor of 'International Banking Law and Regulation' (Sweet & Maxwell), 'Tolleys Company Law' (Tolleys) and 'International Capital Markets Law and Regulation' (West Publishing) and is the author of 'Personal Property Law' (Sweet & Maxwell, 1997). Personal: St Andrew's University (MA Hons 1986); London University (LLB 1990).
Colin Bamford, Barrister at 3-4 South Square, Gray’s Inn. Areas of practice: financial transactions, capital market structure and transactions, international and domestic securities dealing systems, monetary law and financial services law. Appointed in August 1993 as the first Chief Executive of the Financial Law Panel. Appointments and Outside Interests: Member and former Vice-Chairman, International Bar Association, Sub-Committee on International Financial Law Reform; Member of Editorial Board: “The Company Lawyer”; Publications: contribution to the following books: European Competition Law Annual 1999, European Economic and Monetary Union: The Institutional Framework; Regulating Financial Services and Markets.

Colin Bamford graduated from Trinity Hall, Cambridge in 1971. He was admitted as a solicitor in 1974 and worked for almost 20 years in the City, specialising in banking and financial services law. In 1992, from the position as Head of the Finance Department of Richards Butler (now Reed Smith) he was appointed as the first Chief Executive of the Financial Law Panel, under the Chairmanship of the late Lord Donaldson. The remit of the FLP was to address systemic legal issues affecting international financial markets and to instigate change and improvement. In 2002 he was admitted to the Bar and joined 3-4 South Square, from where he has advised on a range of issues relating to the banking and securities industries. He writes extensively on legal issues and is an executive editor of The Company Lawyer, as well as being a member of the editorial boards of two other periodicals. He has contributed chapters to several textbooks, including Tolly’s Company Law. He is an Honorary Fellow of the Society for Advanced Legal Studies and a member of its Advisory Committee, an External Examiner at London School of Economics, a member of the committee of the Centre for Corporate Law at the Institute of Advanced Legal Studies. He is a former vice-chairman of the International Financial Law Reform Sub-committee of the international Bar Association, and of the Centre for Financial Regulation at the Cass Business School, City University, as well as being a former member of the Banking Law Sub-Committee of the City of London Law Society, and of the Advisory Committee of New Hall, Cambridge (now Murray Edwards College). He also holds appointment as one of the nominated English law arbitrators of Euroarbitrage.


Session IV: Chair – Sibel Beadle


Key Note Address: Jean Pierre Sabourin



Jean Pierre Sabourin is the Chief Executive Officer (“CEO”) of Perbadanan Insurans Deposit Malaysia (“PIDM”) since its establishment in 2005. He has unparalleled expertise in all aspects of deposit insurance and is very much in demand internationally. His assistance has been widely sought by other countries on establishing and improving their deposit insurance systems. Among his many achievements, he chaired the Financial Stability Forum’s international study and working groups on deposit insurance and the first ever APEC Policy Dialogue on Deposit Insurance. In May 2002, he led the establishment of the International Association of Deposit Insurers and was elected its first Chair of the Executive Council and President, a position he held until the end of 2007. He was employed by Canada Deposit Insurance Corporation (“CDIC”) in 1976, and held various positions within CDIC before becoming its President and CEO in 1990, until his retirement in 2005. Under his leadership, PIDM is building to become a best practice deposit insurer. He is also Chairman of the Advisory Committee of the International Centre for Leadership in Finance (“ICLIF”). He holds a Master of Business Administration degree from the University of Toronto.

Dr Dalvinder Singh
is an Associate Professor at the Law School, University of Warwick. He is also a Senior Associate Research Fellow, Institute of Advanced Legal Studies, University of London; Managing Editor of the Journal of Banking Regulation (Palgrave Macmillan) and Financial Regulation, International (Informa Law); Editorial Advisory Board Member, Journal of Financial Regulation and Compliance (Emerald). He has acted as a technical advisor to the International Monetary Fund. He is an External Examiner at the Centre for Commercial Law Studies, Queen Mary & Westfield College, University of London & the University of Strathclyde, Scotland and is also a member of the Advisory Panel of the International Association of Deposit Insurers (IADI).

David K. Walker
is Director, Policy & International Affairs at the Canada Deposit Insurance Corporation. Mr. Walker has a broad range of experience in economics, deposit insurance and financial supervision within the private, government and academic sectors. As Director of Policy and International Affairs at Canada Deposit Insurance Corporation ("CDIC"), he is responsible for developing public policies affecting the Corporation; conducting research on emerging financial sector policy issues and coordinating CDIC's international activities. Mr. Walker has been particularly active in helping countries develop and enhance their financial safety-net systems. He has worked with the Financial Stability Forum, the IMF, World Bank, the ADB and SEACEN. He has also provided advice to countries such as China, Hong Kong, Indonesia, Japan, Korea, Singapore, Sweden, Thailand and the United Kingdom. Mr. Walker is the Chair of the International Association of Deposit Insurer’s (“IADI”) Guidance Group and he is presently co-chairing a joint IADI-Basel Committee working group developing internationally agreed upon core principles for effective deposit insurance systems. Prior to joining CDIC in 1994, Mr. Walker was a senior economist with the Royal Bank of Canada. Mr. Walker has an M.A. in Economics from McGill University and an M.B.A. in Finance.

Ganiyu Ogunleye
is Managing Director of the Nigeria Deposit Insurance Corporation. Mr Oguleye was a member of the Executive Council of the International Association of Deposit Insurers, one of the founding Members. He was Chairman of the IADI Africa Regional Committee. His remarks will be delivered by Dr J. A Afolabi, Deputy Director- Research Department, Nigeria Deposit Insurance Corporation, Abuja, Nigeria



Friday 17 April 2009

Keynote Address: Malcolm D. Knight

Malcolm D. Knight, Vice Chairman, Deutsche Bank Group. Dr. Knight is Vice Chairman of Deutsche Bank Global Group, where he is responsible for developing and coordinating a coherent Group-wide approach to global issues in financial regulation, supervision and stability. He is also Visiting Professor in Finance at the London School of Economics and Political Science. From 2003-2008, Malcolm served as General Manager and Chief Executive Officer of the Bank for International Settlements. Before that he held posts as Senior Deputy Governor of the Bank of Canada and as Deputy Director of the International Monetary Fund.


Session V: Chair – Richard Button


Dr. John McEldowney
is Professor of Law at Warwick Law School. He holds degrees from the Queen’s University of Belfast and the University of Cambridge. He has an honorary doctorate from the University of Saarbrucken. He has also held visiting appointments in Japan, Latin America and New Zealand and is currently a visiting Professor at the University of Paris 1 Sorbonne. In 1998-2000 he was a World Bank Fellow in the Supreme Court of Venezuela and introduced many of the Woolf Reforms on Civil Justice to the legal system in Venezuela. Professor McEldowney is the author of Public Law 3rd edition Sweet and Maxwell, 2002. In 2001 he was New Zealand Foundation Distinguished Visiting Fellow and published Modernizing Britain: Public Law and Challenges to Parliament (2001). His interests include Parliament and the control of the budgetary system.He is currently Newsletter Editor of the Study of Parliament Group. He has provided written evidence to the House of Lords Select Committee on Memorandum of Evidence on the future of the Draft European Constitution is published in Session 2002-3, 9th Report of the House of Lords Select Committee on the Constitution: The Draft Constitutional Treaty for the European Union, HL Paper 168 and 169. pages 35-40. Memorandum of Evidence on Parliament and the Legislative Process published in Session 2003/4, 14th Report of the House of Lords Select Committee on the Constitution: Parliament and the Legislative Process Vols.I and II HL Paper 173-I and 173-II.Memorandum of Evidence on the European Constitution for the House of Lords Select Committee on the Constitution, 15th Report 2005-06 Waging War: Parliament’s role and responsibility Vos I and II HL Paper 236-I and 236-II pp.238-23.


Patrick McAuslan is Professor of Law in the School of Law at Birkbeck College London University. He was previously Professor of Public Law at London School of Economics, Professor of Urban Management with special reference to land at University College London and Professor of Law at Warwick University. His specialities are law and development, planning law and land law. He has been active in these areas as a teacher, author and consultant for over 45 years. He was awarded the MBE for services to African land use and environment in 2001.

Session VI: Chair – Prof. Harald Benink


Eva Hüpkes is Head of Policy,Regulation and International Banking at the Swiss Financial Market Authority FINMA which came into operation as of 1 January 2009. In her previous position as Head of Regulation at the Swiss Federal Banking Commission, she was responsible for the coordination of regulatory and policy projects and has been extensively involved in the analysis and development of regulatory responses on a variety of issues, including bank reorganisation and liquidation and deposit protection. Prior to joining the SFBC in 1999, she worked at the Legal Department of the International Monetary Fund in Washington D.C. She is a member of the New York Bar and holds degrees from the University of Geneva, the Graduate Institute of International Studies, Geneva, and Georgetown University (LLM. with distinction), and a Ph.D. in law (magna cum laude) from the University of Berne. Ms. Hüpkes also served as Consulting Counsel to the IMF advising national authorities on the implementation of international standards relating to banking regulation and supervision. She currently co-chair the Basel Committee Working Group on Cross-Border Bank Resolution.


Maike B. Luedersen is Senior Counsel, International Monetary Fund, Washington, DC.


Dr. Rosa María Lastra is a Professor in International Financial and Monetary Law at the Centre for Commercial Law Studies, Queen Mary, University of London. She is a member of MOCOMILA, a founding member of the European Shadow Financial Regulatory Committee, a senior research associate of the Financial Markets Group of the London School of Economics and Political Science, and an affiliated scholar of the Centre for the Study of Central Banks at New York University School of Law. She has consulted for the International Monetary Fund, the World Bank, the Asian Development Bank, the Federal Reserve Bank of New York and others. In November 2008 she was appointed Specialist Adviser to the European Union Committee [Sub-Committee A] of the House of Lords regarding its Inquiry into EU Financial Regulation and Responses to the Financial Crisis. She has published extensively in the field of monetary and financial law.


María J. Nieto
is Advisor to the Director General of Banking Regulation at Banco de España since December 2000, and during this time she has represented the Banco de España at working groups of the Basel Committee of Banking Supervisors as well as the Center for European Policy Studies. She has cooperated as visiting scholar with the Federal Reserve Bank of Atlanta since 2004. She has coauthored several articles on banking and regulatory
issues that have been published among others by the Journal of Banking and Finance, Journal of Financial Stability, European Financial Management and Journal of Banking Regulation. Ms. Nieto has developed her career at the European Central Bank (1998-2000), Council of Economic Advisors to the Spanish President (1996-1998) and the International Monetary Fund (1991-1995), which has subsequently hired her as a consultant on financial sector issues. María Nieto is a Certified Public Accountant (CPA) by the Instituto de Contabilidad y Auditores de Cuentas of Spain and earned an MBA degree from the University of California, Los Angeles and a PhD from the Universidad Complutense de Madrid.


Session VII: Chair – Lai Wai Keen


Andrew Campbell
is Director of the Centre for Business Law Practice at the University of Leeds. He is the co-author of a book with John Raymond LaBrosse, David G Mayes and Dalvinder Singh entitled Deposit Insurance, which is a major reference point for all those interested in the subject of deposit insurance.
Andrew is the Guest Editor of a forthcoming Special Issue of the Journal of Financial Regulation and Compliance and a co-author of an article entitled "A New Standard for Deposit Insurance and Government Guarantees after the Crisis.


Peter Cartwright
has been Professor of Consumer Protection Law in the School of Law at the University of Nottingham since 2004, and is also a member of the University’s Financial Services Research Forum. His main research interests are in consumer protection, banking regulation and criminal law. He is sole author of two monographs: Consumer Protection and the Criminal Law (published by Cambridge University Press in 2001 and winner of second prize in the Society of Legal Scholars competition for outstanding legal scholarship) and Banks Consumers and Regulation (published by Hart Publishing in 2004). He is also joint author (with Andrew Campbell) of Banks in Crisis: the Legal Response (published by Ashgate in 2004) and one of the authors of The Law of Product Liability (part of Butterworths Common Law Library and edited by Geraint Howells). Peter’s research has been funded by (among others) the Economic and Social Research Council and the Arts and Humanities Research Council. He is a member of the editorial board of the Journal of Banking Regulation. He has also served as a member of the (then) UK Department of Trade and Industry’s Advisory Panel on Consumer Law Reform and as Scientific Director of the European Credit Research Institute, Brussels.


Dr Dalvinder Singh is an Associate Professor at the Law School, University of Warwick. He is also a Senior Associate Research Fellow, Institute of Advanced Legal Studies, University of London; Managing Editor of the Journal of Banking Regulation (Palgrave Macmillan) and Financial Regulation, International (Informa Law); Editorial Advisory Board Member, Journal of Financial Regulation and Compliance (Emerald). He has acted as a technical advisor to the International Monetary Fund. He is an External Examiner at the Centre for Commercial Law Studies, Queen Mary & Westfield College, University of London & the University of Strathclyde, Scotland and is also a member of the Advisory Panel of the International Association of Deposit Insurers (IADI).

Session VIII: Chair – Dr Jorge Guira



Robert R. Bliss is the F. M. Kirby Chair in Business Excellence at the Calloway School of Business and Accountancy at Wake Forest University, where he teaches courses in derivatives, financial engineering, and capital markets. Prior to returning to academia, Dr. Bliss served as a senior financial economist at Federal Reserve Bank of Chicago and held research positions at the Bank of England and the Federal Reserve Bank of Atlanta. Previously, Dr. Bliss taught finance at Indiana University. Professor Bliss’s research interests include fixed income securities and derivatives, structured finance, risk management, financial regulation, and the law and economics of insolvency. Professor Bliss earned his doctorate in finance from the University of Chicago.

Dr. Rosa María Lastra is a Professor in International Financial and Monetary Law at the Centre for Commercial Law Studies, Queen Mary, University of London. She is a member of MOCOMILA, a founding member of the European Shadow Financial Regulatory Committee, a senior research associate of the Financial Markets Group of the London School of Economics and Political Science, and an affiliated scholar of the Centre for the Study of Central Banks at New York University School of Law. She has consulted for the International Monetary Fund, the World Bank, the Asian Development Bank, the Federal Reserve Bank of New York and others. In November 2008 she was appointed Specialist Adviser to the European Union Committee [Sub-Committee A] of the House of Lords regarding its Inquiry into EU Financial Regulation and Responses to the Financial Crisis. She has published extensively in the field of monetary and financial law.

Dr Rorigo Olivares-Caminal
, LLB (Buenos Aires), LLM with distinction (Warwick), PhD (University of London, College of Queen Mary). He is an Assistant Professor at the University of Warwick and has taught in undergraduate and postgraduate courses in various Schools of Law and Business Schools in the United Kingdom and Argentina. He has researched at the Centre for Commercial Law Studies in London; and, the Ambrosio L. Gioja Academic Institute in Buenos Aires. He specializes in insolvency and financial law having acted in several international transactions. He is the Co-Editor in Chief of International Finance and Banking Law Online, the Associate Editor-in-Chief of International Corporate Rescue and a member to the Advisory Board of the NAFTA Law & Business Review of the Americas. He has many articles published in some of the leading peer-reviewed legal journals in the UK as well as in the US and Argentina. He is a member of national and international institutes and associations specialized on comparative commercial and insolvency law, including American Bankruptcy Institute, INSOL International and the London Forum for Economic Law & Development.


Dr. Ioannis Kokkoris
is a Principal Case Officer/Economic Advisor in the Mergers branch of the Office of Fair Trading. He is also a Visiting Lecturer at City University Law School in the UK. He has conducted research at Harvard Law School and recently returned from the US Federal Trade Commission where he worked as a Consultant. Dr Kokkoris' background combines both law and economics. He holds a BA in Economics (Essex, UK) and an MPhil in Economics (Cambridge, UK), as well as an LLM (with distinction Warwick, UK) and a PhD in Competition Law (King's College London, UK). Dr Kokkoris is the General Editor of a multijurisdictional volume Competition Cases from the European Union, published by Sweet and Maxwell in 2007. In addition, he has written a book on the gap in the enforcement of Article 82 (BIICL, 2009) and is in the process of writing a book on the implications of financial crises for competition law. He has co-authored a book on competition law in Greece, Free Competition, and is the co-editor of Τhe Challenge of an Optimal Enforcement System (Kluwer, forthcoming) as well as of The Reform of EC Competition Law (in Greek, 2008) by Nomiki Vivliothiki. He is also the co-author of a book on remedies under competition law (forthcoming, Hart, 2009). He has written over 30 articles in leading journals (ECLR, World Competition, European Competition Journal, Journal of Competition Law and Economics, University of Pennsylvania Journal of International Law, JIBLR, ICCLR, etc.) and is the Co-Founder and Vice-Chairman of the Institute for Studies in Competition Law and Policy (IMEDIPA, www.imedipa.com). He is also co-Editor in Chief of International Finance and Banking Law Online (www.ifblonline.com).


Session IX: Chair – John Whitehead


David G. Mayes MA (Oxon), PhD (Bristol). He has been Advisor to the Board at the Bank of Finland and Professor of Economics at South Bank University in London. Before that he was chief economist and Chief Manager at the Reserve Bank of New Zealand. He has had a varied career in academic and public institutions, including being Group Head at the National Economic Development Office in London, Director (CEO) of the New Zealand Institute of Economic Research in Wellington, Editor (responsible for the forecasting of the UK and world economies) and then Senior Research Fellow at the National Institute of Economic and Social Research in London after beginning his professional career at the University of Exeter. Although his current focus is on the future development of monetary and financial integration in Europe he has published widely in economics and related areas. Some other more recent positions that David has held include: Honorary Professor University of St Andrews; Coordinator Economic Social Research Council Single European Market Programme, 1990-1994; Adjunct Professor of Economics University of Waikato, 1996-1999; Adjunct Professor, National Centre for Research on Europe, University of Canterbury, 2000- 2003; Honorary Professor of Banking and Financial Institutions, University of Stirling, 2003-2006.

John Raymond LaBrosse
was the founding Secretary General of the International Association of Deposit Insurers (IADI) and served in that role until 30 April 2008. Mr. LaBrosse began his career at the Bank of Canada where he worked on financial sector issues including the development of flow of funds data. During a 25-year career with the Government of Canada, Mr. LaBrosse served as a policy advisor on financial institution and markets issues in the federal Department of Finance, was a member of the team that negotiated the Canada-USA Free Trade Agreement, and he served in two foreign postings. He was the Director of the Financial Institutions Division in the Department of Finance from 1988 to 1995 where he led several revisions of Canadian banking and payment system legislation (was the author of numerous Government of Canada Cabinet Documents, Policy Papers on financial sector issues, led the reform for two major revisions of the Bank Act and several other pieces of financial sector legislation. In 1999, he was appointed Director, International Affairs, Canada Deposit Insurance Corporation and at the same time he was the Executive Director of the Financial Stability Forum's Study and Working Groups on Deposit Insurance which finalized its report in September 2001.


Session X: Chair – Javier Ruz-Cerezo



Jorge Guira, Esq, BA, MA, JD, LLM, PHD, is Associate Professor of Law, Warwick University. He specialises in financial law isues with an emphasis on the interrelationship between hedge fund regulation, corporate governance, banking law, securities, and insolvency.


Dr. Lorraine Talbot
is an Assistant Professor at the School of Law, University of Warwick. She holds degrees from the Universities of Kent and Middlesex. Lorraine's research interests are in company law and corporate governance. She adopts a critical, comparative and contextual perspective to examine doctrinal company law in order to lay bare the social factors underpinning black letter approaches. She is currently writing on corporate governance theories and issues in the context of mutual and converted building societies. She is also writing a book examining and promoting progressive corporate governance with the aim of re-conceptualising the company as a public body.

Masahiro Kawai graduated with his B.A. and M.A. degrees in 1971 and 1973, respectively, in Economics from the University of Tokyo's Faculty of Economics. He earned his M.S. degree in Statistics (in 1976) and Ph.D. degree in Economics from Stanford University (in 1978). Mr Kawai began his career as a Research Fellow at Brookings Institution and then as an Assistant and Associate Professor in the economics department of Johns Hopkins University. Afterwards, he served as an Associate and Full Professor at the Institute of Social Science, University of Tokyo. He served as a consultant at the Board of Governors of the Federal Reserve System and at the International Monetary Fund, both in Washington, DC. He was also Special Research Advisor at the Institute of Fiscal and Monetary Policy in Japan's Ministry of Finance, and a visiting researcher at the Bank of Japan's Institute for Monetary and Economic Studies and at the Economic Planning Agency's Economic Research Institute.

Mr. Kawai also worked as Chief Economist for the World Bank's East Asia and the Pacific Region from 1998 to 2001, and as Deputy Vice Minister of Finance for International Affairs of Japan's Ministry of Finance from 2001 to 2003. Mr Kawai joined ADBI in January 2007 after serving as Head of ADB's Office of Regional Economic Integration (OREI) and Special Advisor to the ADB President in charge of regional economic cooperation and integration. Mr Kawai has published a number of books and numerous articles on economic globalization, on regional financial integration and cooperation in East Asia, including lessons from the Asian crisis, and on the international currency system.