| |  | |
| | William
J. McDonough President Federal Reserve Bank
of New YorkWilliam J. McDonough was appointed the eighth president and
chief executive officer of the Federal Reserve Bank of New York on July 19, 1993.
In that capacity, he serves as the vice chairman and a permanent member of the
Federal Open Market Committee (FOMC), the group responsible for formulating the
nation's monetary policy. Mr. McDonough also serves as a member of the Board of
Directors of the Bank for International Settlements and chairman of the Basel
Committee on Banking Supervision. Mr. McDonough joined the New York Fed in
January 1992 as executive vice president, head of the bank's markets group, and
the manager of open market operations for the FOMC. Mr. McDonough, 68, retired
from First Chicago Corp. and its bank, First National Bank of Chicago, in 1989
after a 22-year career there. He was vice chairman of the board and a director
of the bank holding company from 1986 until his retirement. Before joining the
New York Fed, Mr. McDonough served as an advisor to a variety of domestic and
international organizations. Prior to his career with First Chicago, Mr. McDonough
was with the U.S. State Department from 1961 to 1967 and the U.S. Navy from 1956
to 1961. Mr. McDonough earned a master's degree in economics from Georgetown
University in Washington, D.C., in 1962, and a bachelor's degree, also in economics,
from Holy Cross College in Worcester, Mass., in 1956. Mr. McDonough is a member
of the board of directors of the New York Philharmonic Orchestra, the Foreign
Policy Association, , the Institute for International Economics, and vice chairman
of the Council on Foreign Relations, and a trustee of the Carnegie Corporation
of New York. In addition, Mr. McDonough is a member of the Trilateral Commission
and the Group of Thirty. Mr. McDonough is married and lives in New York City.
Alberto
J. Verme Managing Director and Head of Global Energy
and Power of Salomon Smith Barney Investment Banking. Alberto J.
Verme is a Managing Director and Head of Global Energy and Power in Salomon Smith
Barney's investment banking division. He was relocated to London in July 2002.
Prior to his appointment to this position in May 2001, Mr. Verme was Chairman
of Salomon Smith Barney's Latin America Investment Bank. Mr. Verme joined
Salomon Brothers in 1994 from Metallgesellschaft AG where he worked as President
of MG Global in the group's merchant banking division, and in Madrid as the Chief
Executive Officer of MG Valores, the group's wholly-owned Spanish broker/dealer.
From 1983 until 1992, Mr. Verme worked for The First Boston Corporation, where
he served as Director and Head of Credit Suisse First Boston Spain (1990-1992)
and Co-Head of Emerging Markets (1988-1990). Under Mr. Verme's guidance,
Salomon Smith Barney has evolved into one of the leading investment banks in Latin
America. He has pioneered a number of important investment banking transactions
in the region including the largest employee share offering ever in the region
for YPF in Argentina. Mr. Verme also led the consortium that advised the Brazilian
government in its privatization of the Telebras system resulting in the largest-ever
sale of a state-controlled asset in Latin America. He also played a critical leadership
role in the successful integration Citigroup's corporate and investment bank in
Latin America. Mr. Verme, a Peruvian national, received a B.A. in Economics
from Denison University in 1979 and an M.B.A. from Columbia University in 1984.
He began his career at The World Bank in 1979.
Jose
Dario Uribe Deputy Governor of Banco de la
República Colombia.
José Darío
Uribe holds a PhD in Economics of the University of Illinois at Champaign. At
present he is the Deputy Governor of the Banco de la República (Central
Bank of Colombia) and Professor of Economics at the Universidad Javeriana of Bogotá.
Dr. Uribe has held different positions, he was Chief Economist of the Global Programming
Unit of the National Planning Department, Economic Advisor of the National Federation
of Coffee Growers and Director of the Economic Research Department of Banco de
la República. Dr. Uribe has authored various articles on different economic
topics published in specialized magazines in Colombia and elsewhere. |
| | | | up | | |  | | | | Arturo
C. Porzecanski Head of Emerging Markets Economics
& Debt Strategy ABN AMRO
Arturo is Head
of Emerging Markets Economics & Debt Strategy, with the corporate title of
Managing Director, at the New York offices of ABN AMRO, a leading international
banking group headquartered in The Netherlands. He is also Adjunct Professor of
International Affairs at Columbia University in New York, where he teaches graduate
courses in international finance. One of the pioneers of emerging-markets research
on Wall Street, Arturo is cited frequently by major publications such as The Wall
Street Journal, the Financial Times, The New York Times and The Economist; the
main regional newspapers, such as Clarín (Buenos Aires), Estado de São
Paulo (Brazil) and El Economista (Mexico); and is interviewed regularly by CNN,
the BBC, Reuters and Bloomberg. Prior to joining ABN AMRO in July of 2000, he
served for six years as chief economist for the Americas at ING Barings; previously,
he was chief emerging-markets economist at Kidder, Peabody & Co. (1992-93);
chief economist at Republic National Bank of New York (1989-92); senior economist
at J.P. Morgan (1977-89); research economist at the Center for Latin American
Monetary Studies in Mexico City (1995-96); and visiting economist at the International
Monetary Fund (1973). Arturo majored in economics at Whittier College, California,
and then earned M.A. and Ph.D. degrees in economics at the University of Pittsburgh,
Pennsylvania. He is a member of the prestigious Council on Foreign Relations and
also of the National Association for Business Economics.
| | | | up | | |  | | | | | | | | Wilco
Faessen Vice
President Violy, Byorum & PartnersMr. Faessen is
a Vice President at Violy, Byorum & Partners, a leading strategic advisory
firm specializing in Latin American mergers and acquisitions. Since joining the
company in 1996, Mr. Faessen has originated, led and participated in assignments
across multiple industries, including cement, airline, automotive parts, packaging,
beverages, media, retail, telecommunication and financial services. Likewise,
he has played an integral role in VB&P's capital raising efforts, resulting
in a cash equity infusion by institutional investors Caisse du Depot and Fenway
Partners. Mr. Faessen led the execution team responsible
for the divestiture of 10 distressed subsidiaries of Ceteco, a multinational consumer
finance and retail company. The project -- which involved six transactions in
9 Latin American countries -- was nominated for "Deal of the Year 2000"
by Latin Finance Magazine. In the airline sector, Mr. Faessen
led the execution of the merger between leading Colombian airlines Avianca and
Aces. The project also involved a successful restructuring with Avianca's lessors,
noteholders, banks, employees, shareholders and the government of Colombia. Mr.
Faessen is currently leading a number of strategic advisory assignments for VB&P.
These include projects in the telecommunications, packaging and cement industries
in different markets in Latin America. Prior to joining
VB&P, Mr. Faessen was a Principal in the fund-raising and organization efforts
of EFM Studieprojecten Maastricht, a research project into the business environment
of Colombia, commissioned by Dutch corporations. A native of The Netherlands,
Mr. Faessen holds a Masters degree in Monetary Economics from Maastricht University,
which includes a semester at the Universidad de Sevilla in Spain. Mr.
Faessen is a frequent speaker on various financial topics. He is fluent in English,
Spanish, German and Dutch. Mr. Faessen currently resides in Manhattan with his
wife.
| | | | up | | |  | | | | | | | | Robert
Mundell Nobel Prize of Economics 1999.
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 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.
| | | | up | |
| | |  | privacy
statement | © 2003 Uris Hall, Columbia University, 3022 Broadway, New
York, NY 10027
|
|