International Centre for Financial Regulation Appoints Director of Research

1 June 2009

The International Centre for Financial Regulation (ICFR) today announced the appointment of Dr Richard Reid as its Director of Research with immediate effect.

One of the principle objectives of ICFR is to fuel debate around regulatory reform through the provision of expert, independent research into the issues affecting financial regulation across the globe. In addition to directing the centre's research agenda Richard will work to develop relationships with scholars and industry experts, and to position the ICFR as a global leader in regulatory thinking.

Commenting on the appointment Barbara Ridpath, CEO said: "Richard's experience is perfectly aligned with the ICFR's goal of expanding our international research offering and we are delighted with his decision to join us. Regulatory reform is at the forefront of debate across global financial markets and Richard will be key in helping the ICFR inform this discussion through the commission and review of expert research."

Before his appointment Richard was a Managing Director of Citigroup's Economics Department in London. Previously Richard was Chief International Economist for Donaldson Lufkin & Jenrette, where he developed thematic issues such as the impact of the “New Economy” on equity markets and the changing structure of Europe’s financial systems. Richard spent fourteen years as Chief European Economist for UBS, five of which were spent in the company's Frankfurt office. In addition to his private sector experience Richard has also advised HM Treasury and Civil service committee on international monetary affairs and is a noted commentator on Bundesbank and the ECB.

Richard holds a Ph.D. and M.Sc. from Strathclyde University in Glasgow, both in financial economics and an M.A. (Hons) in Economic History from Aberdeen University.

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