The Systemic Risk Council has named the AQR Asset Management Institute’s Paul Tucker as its new Chair, succeeding Sheila Bair, the Council’s founding Chair from 2012 through 2015.
Mr. Tucker, who is a member of the Advisory Council of the AQR Asset Management Institute at London Business School, formerly served as Deputy Governor at the Bank of England and as a member of the G20 Financial Stability Board’s Steering Group.
“The Systemic Risk Council has provided a thoughtful and constructive voice for regulatory reform in the interests of ensuring that we have a stable financial system that can serve the economy’s needs,” said Sir Paul, who is also a Fellow at the John F. Kennedy School of Government at Harvard University.
“I look forward to serving the Council and working with colleagues to continue the important work that Sheila and the Council have undertaken since 2012.”
Paul Volcker, Former Chairman of the Federal Reserve Board and Senior Advisor to the Systemic Risk Council, said, “Under Sheila’s leadership, our Council has become a powerful voice for financial regulatory reform here in the United States.
As the baton passes to Sir Paul—who is highly regarded internationally as a leading expert on these issues—I am confident that the Council’s work will have an even greater impact on the global stage.”
Mr. Tucker will be giving the keynote address at the next AQR Asset Management Institute Perspectives debate to be held in April 2016.
More information on the AQR Asset Management Institute Advisory Council.