Stanford academic Admati announced as speaker at IPE Awards
IPE AWARDS – Anat Admati, author and professor at Stanford University is to be as a keynote speaker for the IPE Awards in the Netherlands this November.
Admati will join previously announced keynote Hans Blix, sharing her insights into financial markets regulation in the wake of the crisis, a topic she has written about extensively.
Her latest book, 'The Bankers' New Clothes', examines the structural problems facing the global banking system and proposes reforms to increase the percentage of equity banks must hold to 30% of the balance sheet.
Co-written by Martin Hellwig, director of the Max Planck Institute for Research on Collective Goods, the book was praised by then-Bank of England governor Mervyn King for its plain English approach to "what is wrong with banks and what needs to be done to make them safer".
Martin Wolf of the Financial Times went further in his praise, commenting: "It is the most important to emerge from the crisis."
Admati is currently the George G.C. Parker professor of finance and economics at Stanford Graduate School of Business. Completing her undergraduate studies at the Hebrew University in Jerusalem, she went on to complete her masters and doctorate at Yale University.
In addition to her academic work, she is also a member of the Federal Deposit Insurance Corporation's Systemic Resolution Advisory Committee.
Sally Bridgeland, chief executive of BP's €15bn (€17.5bn) UK pension fund, was also earlier this month confirmed as a speaker at the event in Noordwijk on 21 November.
For a review of 'The Bankers' New Clothes', see the June issue of IPE.