Die Vortragenden Speakers Die Vortragenden Speakers

Henk J. Brouwer of Bolzano and visiting professor at Henk J. Brouwer has been serv- several international universities Mr. ing as Executive Director of De Bruni graduated in economics at Nederlandsche N.V. since 1997. Bocconi University and holds an M.S. He is also a member of the Economic in economics from the Massachussets and Financial Committee (EFC) Institute of Technology (MIT). He of the European Union, the G-10 is the author of many publications (Group of Ten) Deputies, the Board in the fields of macro- and monetary of Trustees of Leiden State University economics, international banking and and the Board of Vereniging Hendrick financial regulation. de Keyser as well as Chairman of the Board of Trustees of Alatus. Jaime Caruana Previously, he was Treasurer General Since 2000, Jaime Caruana has been at the Dutch Ministry of Finance Governor of the Banco de España and (1992–97), Member of the Board of a member of the Governing Council Nederlandse Philipsbedrijven N.V. of the European Central Bank. In (1990–92), Director General for May 2003, he succeeded William General Policy Issues at the Ministry McDonough as Chairman of the Basel of Social Affairs and Employment Committee on Banking Supervision. (1984–89), and Deputy Director Before that, Mr. Caruana had worked General for Staff Policy and Socio- in the private sector in Spain, e.g. Economic Advisor to the Minister at as managing director of an invest- the Ministry of the Interior (1980–83). ment service company from 1987 to Mr. Brouwer holds a degree in general 1991 and chairman of a fund manage- economics from the Free University of ment company from 1991 to 1996. Amsterdam. Subsequently, he served as senior official in the Spanish Treasury and Franco Bruni Ministry of Trade. Early in his career, Franco Bruni is full professor of he served as Commercial Attaché in International Monetary Economics at the Spanish Commercial Office in New Bocconi University, Milan, where York. Mr. Caruana holds a degree he was Director of the Department in telecommunications engineering of Economics from 1994 to 2000. from the Universidad Complutense de Mr. Bruni is also Deputy President Madrid. He is also a qualified econo- and Scientific Director of the mist and has authored several publica- Institute for International Political tions and articles on the Spanish finan- Studies in Milan, member of the cial system, government financing and Council of Management of SUERF public debt. (Société Universitaire Européenne de Recherches Financières, of which Josef Christl he was Vice President from 1995 to Josef Christl has been Executive 2000 and then President), member Director of the Oesterreichische of the European Shadow Financial Nationalbank since 2003. Moreover, Regulatory Committee (ESFRC). he is Alternate Governor for the Previously he was full professor of Republic of to the International Economic Policy at the State University Monetary Fund and Member of the of Brescia, member of the Founding Supervisory Board of the Austrian Committee of the Free University Financial Market Authority. After two

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years of serving as an economist at the as Executive Director of the Money, Ministry of Social Affairs, he worked Payment Systems and Information as Assistant professor of Economics at Technology Department. Wolfgang the Institute for Advanced Studies in Duchatczek holds a doctorate in eco- from 1980 to 1984. After that, nomics and social sciences and has he was Senior Economist (1984–93) been awarded the Grand Decoration and Chief Economist (1993–2001) of Honor in Gold for Services to the with Creditanstalt-Bankverein. From Republic of Austria. 2001 to 2003 he served as Chief Economic Advisor to the Austrian Svein Gjedrem Minister of Finance. Since 1992, Josef Svein Gjedrem has been Governor of Christl has been professor at the Norges Bank since 1999. He started University of Economics in Vienna. his career at Norges Bank in 1975. He holds a doctoral degree in econom- After joining the Ministry of Finance ics from the University of Vienna. and Customs in 1979, Mr. Gjedrem held the following positions: Head of Wolfgang Duchatczek the Division for Banking and Monetary Wolfgang Duchatczek has been serv- Affairs from 1979 to 1982, Deputy ing as Vice Governor of the Oester- Director from 1982 to 1986, Director reichische Nationalbank (OeNB) since General and Head of the Economic 2003. He joined the OeNB in 1976 Policy Department from 1986 to 1995 and the Office of the Governor in and Secretary General from 1996 to 1978. He was appointed Chief of 1998. Mr. Gjedrem holds a degree the Office of the Governor in 1982 in economics from the University of and Deputy Executive Director of Oslo. the Foreign Research Department in 1987. In addition, he served as Charles A. E. Goodhart Representative of the OeNB on the EC Charles Goodhart, CBE, FBA is a mem- Integration Committee of the Austrian ber of the Financial Markets Group at Federal Government. Mr. Duchatczek the School of Economics, after was appointed Director of the Area having been its Deputy Director from International Relations of the OeNB 1987 to 2005. Until his retirement in 1992 and represented the OeNB in 2002, he had been the Norman during Austria’s EU accession nego- Sosnow professor of Banking and tiations. He was nominated Chairman Finance at the London School of of the European Commission’s Economics since 1985. Before that, Committee on Monetary, Financial he had worked at the Bank of England and Balance of Payments Statistics for seventeen years as a monetary (CMFB) and served as the OeNB’s adviser, becoming a Chief Adviser in Second Alternate on the Committee of 1980. In 1997 he was appointed one of Alternates of the European Monetary the outside independent members of Institute (EMI). In 1997, he was the Bank of England’s new Monetary appointed to the OeNB’s Board of Policy Committee, a position he held Executive Directors as Deputy Chief until May 2000. Mr. Goodhart has Executive Director of the Liquidity and written a number of books and numer- Portfolio Management and Internal ous articles and other studies relating Services Department and in 1998, he to financial stability and to monetary joined the OeNB’s Governing Board policy and history.

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Karl-Heinz Grasser Bureau (1993–95). From 1985 to Karl-Heinz Grasser has been serving as 1987, Mr. Kato served as Executive the Austrian Federal Minister of Finance Director for Japan at the Asian since 2000; in addition, he serves as Development Bank (ADB). Previously, Austrian Governor at international he held positions at the Ministry of organizations such as the World Bank Finance and the OECD Secretariat. Group, the Asian Development Bank, Mr. Kato has served as a member on the Inter-American Development various advisory panels including the Bank, the Inter-American Investment World Health Organization’s (WHO) Corporation, the African Development Commission on Macroeconomics and Bank, the African Development Fund, Health (2001) and an ADB panel on the European Bank for Reconstruction poverty reduction in Asia and the and Development (EBRD) and the Pacific (1999–2000). Mr. Kato holds European Investment Bank. He was a B.A. from Tokyo University (1964) appointed Second Deputy Governor and a M.P.A. from Princeton Uni- of the Austrian province of Carinthia versity (1968). in 1994. From 1998 to 2000 he was Vice President for Human Resources Karel Lannoo and Public Relations with Magna Karel Lannoo has been Chief Executive Europe; he also served as Managing of the Centre for European Policy Director of Sport Management Studies (CEPS) since 2000 and Senior International (SMI), which belongs to Research Fellow since 1997. On the the Magna Group, and up to the end research side, Mr. Lannoo’s main of 1999 he was also Member of the areas of expertise are financial market Managing Board of the Sir Karl Popper integration and regulation, direct tax- Foundation. Since 2004, he has been ation and corporate governance. He Chair of the Board of Governors of is a member of the European Shadow the EBRD and Deputy Chair of the Financial Regulatory Committee Eurogroup. Karl-Heinz Grasser holds (ESFRC) and of the advisory board of a master’s degree in applied business the European Capital Markets Institute administration. (ECMI). He has published numerous articles in specialized magazines and Takatoshi Kato journals on EU and financial regula- Takatoshi Kato assumed office as tion matters. Mr. Lannoo was a rap- Deputy Managing Director of the porteur for several CEPS working International Monetary Fund (IMF) on parties, which were chaired by senior February 2, 2004. Prior to taking up officials or executives and attended his current position, he was Advisor by business representatives and offi- to the President at Tokyo-Mitsubishi cials. Karel Lannoo holds an M.A. in Bank and a visiting professor at history from the University of Leuven, Waseda University. He was also a vis- Belgium (1985) and obtained a post- iting professor at Princeton University graduate degree in European studies (1998–99). Mr. Kato held a series from the University of Nancy, France of senior positions at the Japanese (1986). Ministry of Finance, including Vice Minister of Finance for International Affairs (1995–97) and Director General of the International Finance

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Klaus Liebscher work on euro markets at the Foreign Klaus Liebscher is presently serving Department of Banque de France as Governor of the Oesterreichische (1986–87). Back at the Banking Nationalbank (OeNB). Moreover, Commission, Ms. Nouy served as since the foundation of the European Head of the Research Department Central Bank (ECB) in June 1998 he and Policy Group, as Director of has been an independent member both Financial Institutions Supervision of the ECB Governing Council and (1990–94), as Director and Associate the ECB General Council. He also to the General Secretary of Banking represents the OeNB at the Bank for Commission, as the French member International Settlements Governors’ of the Basel Committee on Banking Meeting and is Austria’s Governor Supervision and as Chairman of the to the International Monetary Fund. Basel Committee subgroup in charge Before he joined the OeNB on June 1, of derivatives (1994–96). 1995 – then presiding the General Council of the Bank as its President Kurt Pribil until August 31, 1998 – he started at Kurt Pribil has been Chief Executive the Raiffeisen Zentralbank Österreich Officer of the Austrian Financial AG in 1968, where he was a member Market Authority (FMA) since 2001. of the Executive Board since 1980 and After joining the Oesterreichische Chief Executive Officer and Chairman Nationalbank (OeNB) in 1982, he of the Board from 1988 to 1995. He served as Expert in the Foreign served as President of the Vienna Department, as a member of the Stock Exchange Council from 1990 to Committee on Capital Movements and 1995 and on the supervisory boards of Invisible Transactions of the OECD in several and other corporations Paris, and from 1988 to 1991 as OeNB in Austria and abroad. Mr. Liebscher Representative in Brussels. After earned his law degree (Dr. iur.) at the that, he served as Personal Economic University of Vienna. Adviser of Wolfgang Schüssel at the Federal Ministry of Economic Danièle Nouy Affairs (1991–95) and at the Federal Danièle Nouy has been Secretary Chancellery (1995–99). From 1999 General of the French Banking to 2001 Mr. Pribil was Head of Commission since 2003 and Vice the Foreign Research Division at the Chair of the Committee of European OeNB. Mr. Pribil holds a doctoral Banking Supervisors since February degree in business administration from 2004. Previously, she served as Johannes Kepler University, Linz. Secretary General (1998–2003) and as Deputy Secretary General Isabel Schnabel (1996–98) of the Basel Committee Isabel Schnabel has been Senior on Banking Supervision. Ms. Nouy Research Fellow at the Max Planck started her career at Banque de France Institute for Research on Collective in 1974, then moved to the Banking Goods, Bonn, since May 2004. From Supervisory Commission (which was September 2004 to March 2005, she later renamed Banking Commission) was visiting postdoctoral fellow at the in 1976, became Representative of Department of Economics at Harvard the Banque de France in New York University, Cambridge, U.S.A. She in 1985 and was in charge of research received her doctoral degree (Dr.

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rer. pol.) from the Department alternate on the General Council of the of Economics at the University ECB and represents Sveriges Riksbank of Mannheim in 2003, where she on the EU’s Economic and Financial also served as assistant professor of Committee. She is also a member of Economics until 2004. From 1998 to the ESCB’s International Relations 2003, Isabel Schnabel was research Committee. Previously, she was head and teaching assistant at the chair of of Sveriges Riksbank’s Monetary and Professor Martin Hellwig and member Foreign Exchange Policy Department, of the graduate program “Allocation on a Member of the Board of the IMF and Financial Markets” at the Department Deputy CEO of Swedbank, where she of Economics at the University of was responsible, inter alia, for EMU Mannheim. issues. Ms. Srejber holds a degree in economics. Karl Sevelda Karl Sevelda has been Member of Jukka Vesala the Board of Managing Directors of Jukka Vesala has been Deputy Raiffeisen Zentralbank Österreich AG Director General of the Finnish in charge of Corporate Customers and Financial Supervision Authority since Corporate, Trade and Export Finance October 2004 and is also serving as a worldwide since 1998. After work- member of the authority’s Executive ing as an independent researcher for Board. He was previously employed the Federal Ministry for Science and as Principal Expert in the Financial Research and the Federal Ministry Stability Division of the ECB. He for Trade and Industry, he worked was Secretary of the ESCB Banking for Creditanstalt-Bankverein (1977– Supervision Committee from June 83). After that, Mr. Sevelda served 2003 to September 2004. Before as Secretary to the Federal Minister working for the ECB (1998–2004), for Trade and Industry (1983–85), he was employed as research econo- worked for Creditanstalt-Bankverein mist at Suomen Pankki – Finlands in London and New York (1985) Bank (1992–98) and as lecturer in and was Head of the Export Finance banking and monetary economics at Department at the Creditanstalt- the Helsinki School of Economics. Bankverein Head Office (1986–89), Mr. Vesala holds a doctoral degree in Deputy Head (1988–89) and Head economics from Helsinki School of (1989–93) of the Corporate Finance Economics. Division, Head of the Multinational Corporates Division (1993–97) and Thomas Wieser Head of Corporate Banking Division Thomas Wieser has been Director (1997). Mr. Sevelda holds a doctor’s General for Economic Policy and degree. Financial Markets at the Federal Ministry of Finance since 2002. He Eva Srejber joined the Ministry of Finance in Eva Srejber is First Deputy Governor 1989, working as senior economist of Sveriges Riksbank. Since January 1, with a focus on international economic 2005, Ms. Srejber has been respon- policy and EU issues. From 1995 to sible for presenting proposals to the 1999 he served as Deputy Director Executive Board regarding asset man- General and after that, until 2002, agement. Ms. Srejber is the Governor’s as Director General for International

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Affairs, Customs and Excise. Earlier, Trade Association (EFTA), Geneva he had been Deputy Head of the (1986–89). Mr. Wieser holds a degree Export Financing Department at in economics from the University of Internationale Bank für Außenhandel Innsbruck and completed postgraduate (1982–84), and after spending two studies at the University of Colorado, years doing research work on indus- Boulder (Fulbright scholarship) and trial policies in Austria he worked as at the Institute of Advanced Studies, an economist at the European Fair Vienna. ❧

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