Speakers

Tom is responsible for Morgan Stanley’s transition efforts to alternative reference rates to
replace LIBOR through the firm’s Global LIBOR Transition Steering Committee. This
group, spanning ISG, Wealth Management and Investment Management, will ensure that
all businesses and infrastructure organizations have a consistent set of Firm-level
guidelines, their own transition plans and accountability for transition readiness before
year-end 2021.
Tom most recently led the firm’s Global Business Continuity Management Organization,
which is responsible for strategic planning and risk management for potential cyber and
physical disruptions. He is a member of the firm’s Securities Operating Committee, Risk
Management Committee and Asset/ Liability Management Committee.
Prior to being named Vice Chairman, Tom was the Global Head of the Bank Resource
Management Division where he was responsible for the firm's secured funding, securities
lending, global hedging and collateral management activities.
Beginning his career in the industry in 1977, Tom joined Morgan Stanley in 1986 and has
been engaged in the Firm’s funding, collateral and hedging activities throughout his
career at the firm. Based in New York, Tom has also completed multi-year assignments
in Morgan Stanley’s London and Tokyo offices.
In April, 2019, Tom was named Chair of the Alternative Reference Rates Committee
(ARRC) by the Federal Reserve Board. The ARRC is a group of private-market
participants convened to help ensure a successful transition from USD LIBOR to a more
robust reference rate.
Tom was appointed Chair of the US Commodity Futures Trading Commission’s Market
Risk Advisory Committee (MRAC) Interest Rate Benchmark Reform Subcommittee in
October, 2018.
Tom served as Chair of the Treasury Market Practices Group (TMPG) until May 2019.
The TMPG is sponsored by the New York Federal Reserve and is an industry group
committed to supporting the integrity and efficiency of the U.S. Treasury and Agency
Mortgage Securities Markets.
Tom serves on the board of directors of International Swaps and Derivatives Association,
Inc. (ISDA). Tom was appointed to the Alternative Reference Rate Committee,
sponsored by the Board of Governors of the Federal Reserve in 2014. Tom previously
served on the Financial Research Advisory Committee to the US Treasury Office of
Financial Research from 2012 to 2017.

Edwin Schooling Latter is Director of Markets and Wholesale Policy at the Financial Conduct Authority where his responsibilities encompass policy in relation to primary and secondary markets, trading venues, trading conduct, benchmarks, asset management and pensions.  From 2011-2014 Edwin was head of the Financial Market Infrastructure
Directorate at the Bank of England, responsible for supervision of CCPs, securities settlement systems, and systemically important payment systems, and for the Bank’s input to policy making on central clearing and OTC derivatives reforms. Prior to appointment as head of MID, Edwin worked in the Bank’s Financial Stability area for several years, including as secretary to the Bank’s Financial Stability Committee. Edwin was also previously Managing Director of UK payment system, LINK Interchange Network Ltd.

Richard L. Sandor (Ph.D., Dr. sc. h. c.) is Chairman and CEO of the American Financial Exchange (AFX) established in 2015. AFX is an electronic exchange for direct interbank/financial institution lending and borrowing. The AFX flagship product, the AMERIBOR benchmark index, reflects the actual borrowing costs of thousands of regional, mid-sized and community banks across the U.S.
He is also the CEO of Environmental Financial Products (EFP), which was the incubator to the Chicago Climate Exchange (CCX).
Known world-wide as the “Father of Financial Futures,” in 2002 he was named by TIME Magazine a “Hero of the Planet.” In 2007 as one of the magazine’s “Heroes of the Environment” for his work as the “Father of Carbon Trading.” And in October 2013, Dr. Sandor was awarded the title of awarded the title of Chevalier de la Legion d’Honneur (Knight of the Legion of Honor) in France, for his accomplishments in the field of environmental finance and carbon trading.

He served on the board of directors of leading commodities and futures exchanges such as the Chicago Mercantile Exchange, Intercontinental Exchange, Chicago Board of Trade, London International Financial Futures and Options Exchange and Tianjin Climate Exchange, as well as several philanthropic and non-for-profit organizations.

He authored and co-authored numerous academic and popular press publications and books on finance and environmental subjects. His most recent books include “As I Saw It,” a compilation of 5 years of monthly articles from Environmental Finance, and “Electronic Trading and Blockchain: Yesterday, Today and Tomorrow,” published by World Scientific in February 2017 and April 2018, respectively.

He earned Bachelor of Arts degree from the City University of New York, Brooklyn College, and a Ph.D. in Economics from the University of Minnesota. In addition, he holds an honorary degree of Doctor of Science, honoris causa, from the Swiss Federal Institute of Technology (ETH).

William started as an Aeronautic engineer in UK after graduating from Imperial College in 1988.  He moved back to Hong Kong in 1994 as EM rates trader in Chase Manhattan Bank.

In 1998, William joined Goldman Sachs and was promoted as Co-Head of Macro Trading, Asia Pacific.  He then joined Merrill Lynch in 2002 as Managing Director to develop Asia Currency and Rates Trading businesses.

In 2005, William joined HSBC HK to run Asian rates trading.  He was promoted to Head of Rates and Credit, Asia Pacific in 2016.   Since May 2020, William has expanded his role to Head of FICC Trading in Asia.  In 2023, he has been added further responsibility of Head of Markets and Securities Services in HK.

Jack Hattem, CFA, Managing Director, is the Deputy CIO of BlackRock’s Obsidian platform which includes The BlackRock Obsidian Fund, a global fixed income multi-strategy hedge fund, and The Obsidian Relative Value Strategy.  Mr. Hattem has oversight of the Derivatives Alpha platform within the Fundamental Fixed Income group and is a member of the firm’s Steering Committee on LIBOR transition - SteerCo. 

 Previously, he was the head of interest rate derivatives strategies within BlackRock Fixed Income. He began his investment career as an analyst in BlackRock’s Portfolio Analytics Group in 2000, where he was responsible for analytics and risk management for BlackRock’s alternative investment products, before joining the Portfolio Management Group in 2003.

Mr. Hattem serves on the Board of Directors of the International Swaps and Derivatives Association (ISDA) and is a member of the Federal Reserve’s Alternative Reference Rates Committee (ARRC).  He is a regular guest lecturer at Columbia Business School.  He earned a BA degree, cum laude, in economics from the University of Pennsylvania in 2000.

Philip Whitehurst is Head of Service Development for LCH’s Rates business which includes SwapClear, the market-leading swap clearing service it operates.

Based in London, Philip has over 25 years' experience in the OTC Derivatives markets in a range of functions and firms. Following initial roles trading GBP and DEM interest rate swaps and options, Philip spent more than 10 years structuring fixed income derivatives solutions for institutional and retail clients the APac and EMEA regions for the major international investment banks.

Philip joined LCH in 2009 to lead SwapClear’s Product Management function, and has been heavily involved in the design & development of many of LCH’s recent initiatives including SwapClear’s client clearing models, its compression services and the nascent extension into non-cleared OTC derivatives. He has most recently been representing LCH in industry forums, such as ARRC, established to address the challenge of Benchmark Reform.

Jing Gu is a Senior Counsel at ISDA.  Prior to joining ISDA, Ms. Gu was a Director in the Legal and Compliance Department of Credit Suisse (Hong Kong) Limited where she specialized in OTC derivative products and structured finance with a geographical emphasis on Greater China.  Before joining Credit Suisse, she was an associate at Allen & Overy Hong Kong Office where she advised a number of international banks and Chinese banks on derivative transactions and ISDA documentation. 

Ms. Gu holds a Master of Laws degree from Peking University, an LL.M. degree from New York University  School of Law and a Master of Laws degree from Kyushu University in Japan.  Ms. Gu holds the lawyer qualification certificate in China, is qualified in the State of New York and is also admitted as a solicitor of the High Court of Hong Kong. Ms. Gu has been working for ISDA since 2008.

Clare joined the Loan Market Association in 1999 after spending two years in the syndications department at Sumitomo Bank, working on loans in Europe, the Middle East and Africa.  Prior to this she spent two years at the British Museum Development Trust raising funds for the Museum's Great Court project.  Before joining the British Museum, Clare had spent some eight years at Sumitomo in the international department, including two years at the bank's head office in Tokyo, where she helped establish a syndications desk.  In London she worked mainly on origination in various Western European and Nordic countries.

Clare has an honours degree in Modern and Medieval Languages from the University of Cambridge.  She is a member of the Bank of England’s Working Group on Sterling Risk-Free Reference Rates and chairs the Sterling Loans sub-group.

Darrell Duffie, Dean Witter Distinguished Professor of Finance at the Graduate School of Business, STANFORD UNIVERSITY

Darrell Duffie is the Dean Witter Distinguished Professor of Finance at Stanford University's Graduate School of Business, and Professor (by courtesy) in the Department of Economics, Stanford University.

Duffie is a Fellow and member of the Council of the Econometric Society, a Research Fellow of the National Bureau of Economic Research, a Fellow of the American Academy of Arts and Sciences, and a member of the board of directors of Moody's Corporation. He was the 2009 president of the American Finance Association, and in 2014 chaired the Financial Stability Board's Market Participants Group on Reference Rate Reform.

Duffie's recent focuses on capital markets and financial stability. His research is published in journals such as Econometrica, Journal of Political Economy, and Journal of Finance, among others. His recent books include How Big Banks Fail (Princeton University Press, 2010), Measuring Corporate Default Risk (Oxford University Press, 2011), and Dark Markets (Princeton University Press, 2012).

Chris manages for SIFMA's securitization and corporate credit advocacy and other activities. 

SIFMA has a special focus on agency MBS markets and maintains a collection of market standards and trading practices governing the TBA market. For the last few years, primary mandates in this area have been regulatory reform, the implementation of a single security for TBA trading, FINRA 4210 margin requirements, securitization capital requirements, and the world of GSE/housing finance reform. 

In the fall of 2018 Chris took over SIFMA’s corporate credit activities in addition to the securitization responsibilities.  This includes issues such as fixed income market structure, TRACE, and execution of SIFMA’s Insurance and Risk-Linked Securities Conference.  

He is also the primary staffer for SIFMA's activities related to LIBOR and the transition to alternative reference rates in the US and participates on the Federal Reserve’s Alternative Reference Rates Committee along with a number of subcommittees.

He also helps to coordinate SIFMA's activities related to fintech. 

Chris joined the Bond Market Association (predecessor to SIFMA) in 2005 as the analyst for the MBS and Securitized Products Division. He became head of the securitization group in 2013.  Prior to joining SIFMA, he was an accountant in the Retail Securitization Accounting and Investor Reporting group at JPMorgan Chase & Co., and was responsible for investor reporting and other administration of auto, student loan, and mortgage securitization transactions.

Chris holds Bachelor’s Degrees in Economics and Government from Franklin and Marshall College.
 
 

Alastair Hughes is Head of Division in the Bank of England’s Markets Directorate, responsible for work on risk-free rate transition. Prior to this he spent most of his career as a supervisor of Globally Systemically Important Banks (GSIBs). Most recently as a Head of Division in the Prudential Regulation Authority (PRA) covering the London operations of North American firms including JPMorgan, Citigroup and Bank of America. He spent several years as a member of the FSB’s Senior Supervisor Group, a forum for senior representatives of supervisory authorities to engage in dialogue on risk management practices, governance, and other issues concerning complex, globally-active financial institutions.

Chris is Managing Director, Global Head of Derivatives Trading for Prudential Financial.  His responsibilities include global fixed income and equity derivatives as well as foreign exchange.  Chris began his career with Prudential in 1989, and has worked within Prudential’s derivatives subsidiary since 1993.  He has been in his current role since 2002. 

Chris holds a BA in Economics from Macalester College and an MBA with Distinction in Finance with an International Concentration from NYU.  Chris has earned both the CFA and CLU designations.

Subadra Rajappa joined Societe Generale in October 2014 as Head of US Rates Strategy. In her current role she is responsible for publishing thematic research on US rates markets and highlighting relevant trading opportunities. She is a frequent speaker at internal and industry conferences where she presents her broader market views to the firm’s clients. She currently represents SG at the alternative reference rate committee (ARRC) and is actively involved in discussions with industry groups around transitioning to the new reference rate.

Subadra has over 20 years of experience in the financial industry. Previous at Morgan Stanley, she was a senior rates strategist focused on macro themes in the rates markets. She was the lead strategist covering many topics and presenting in-depth research in fixed-income derivatives, inflation, money markets and the evolving regulatory environment.

Subadra has extensive experience in global fixed-income markets including positions in research, sales and strategy at Morgan Stanley and Citigroup. She has a strong quantitative background and started her career in finance at Salomon Brothers as a quantitative analyst where she focused on emerging market derivatives and credit derivatives before transitioning to rates.

Based at Integreon’s London Office, Dean brings a wealth of legal and regulatory experience having worked or consulted at several tier one investment banks in a senior or lead capacity in the financial products transactional space over the last 15 years. Dean provides regulatory subject matter expertise in support of business development.

Prior to joining Integreon and most recently, Dean has provided IM services at Barclays on behalf of Deloitte, CRD IV support as part of a global regulatory project and led a legal clause extraction unit involving IM and CASS regulatory services, each at Credit Suisse, regulatory Brexit related services at JP Morgan, and negotiated the suite of custody documents and provided MiFID II regulatory support at BNYM for its provision of collateral management services.

Additionally, Dean has expertise in creating legal financial trading and regulatory project playbooks, negotiation guides, in-house contract templates, training materials and the running of training/workshops for up to 200 people. From a legal perspective, Dean rolled out emissions trading for the subsidiary of a large Japanese bank and Clearstream Repurchase Conditions for a large French bank. Dean was previously the global legal point person for control agreements for a large Spanish bank, having also provided training to its legal department.

John Feeney manages Martialis Consulting working on financial markets product and infrastructure. He has been in financial markets for 30 years in trading and management roles across most asset classes. Feeney has worked for National Australia Bank, Commonwealth Bank, Citibank and Macquarie Bank, trading and managing interest rate derivates, foreign exchange, credit, commodities and funding businesses. Most recently, he has focused on Libor and other interbank offered rate transition issues as well as the broader practice areas of Martialis Consulting.

Samim Ghamami is currently an economist at the U.S. Securities and Exchange Commission, where he works with the senior management on the reform of the US Treasury market and several other SEC capital market initiatives. Ghamami is also a senior researcher and an adjunct professor of finance at New York University, a senior researcher at UC Berkeley Center for Risk Management Research and the Department of Economics, and a senior advisor at SOFR Academy. 

Ghamami has been a senior economist at Goldman Sachs and Millennium Management. He has been an adjunct associate professor of economics at Columbia University. Ghamami has also been an associate director and a senior economist at the U.S. Department of the Treasury, Office of Financial Research, and an economist at the Board of Governors of the Federal Reserve System.

Ghamami’s work has broadly focused on the interplay of finance and macroeconomics, and on financial economics and quantitative finance. His work on asset management, banking, economic policy, financial stability, financial regulation, risk management, and central clearing has been presented and discussed at central banks and international financial institutions. He has been an advisor to the Bank for International Settlements and worked as an expert with the Financial Stability Board on post-financial crisis reforms in 2016 and 2017. Ghamami also served on the National Science Foundation panel on Financial Mathematics in 2017 and 2018. Ghamami received his Ph.D. in Mathematical Finance and Operations Research from USC in 2009. His publications have appeared in different journals including Management Science, Journal of Applied Probability, Mathematics of Operations Research, Journal of Financial Intermediation, Journal of Credit Risk, Journal of Derivatives, Quantitative Finance, and Journal of Risk. 

Umesh Gajria is Global Head of Index-Linked Products at Bloomberg, overseeing index derivative products and analytics. In addition, he leads the firm’s efforts in the transition to Risk Free Rates (RFRs) including ISDA fallbacks. Earlier he served as COO for Bloomberg’s Enterprise Product business, after joining the firm in 2017. Previously, Mr. Gajria was an Executive Director of Global Business Development at CME Group where he led growth initiatives for the Financial Products business. Before that he worked in various roles at US Bank, JP Morgan and Lexis Nexis. Mr.

Pranav Thakkar is a Global Fixed Income Business Manager at Bloomberg. He manages the Credit analytics (YAS), Repo's, Horizon Analysis and Credit workflows products. Through 20+ years' working in Fixed Income, Pranav has led the development of Credit analytics for Corps, Govt, Loans, Prfds, Mmkt and Munis securities. He also managed the initial launch and business strategy of PORT Fixed income Intraday, Scenario analysis and Portfolio management tools. He currently heads up the FI Libor Transition initiative efforts for Bloomberg. Pranav holds a Master's in Computer Science from the Rochester Institute of Technology.

Marcus Burnett is a former Interest Rate Derivatives trader and the Director of SOFR Academy (SOFR.org), a leading education technology firm and data provider dedicated to empowering people, organizations and communities to succeed through world class learning. SOFR Academy’s panel of advisors includes Academics from Harvard and MIT. SOFR Academy is the exclusive provider of the Across-the-Curve Credit Spread Index (SOFR.org/AXI), a representative and robustly determined credit spread index.

Mr. Abdelnour is currently head of USD, GBP, and CAD short interest rate swap trading at Citibank. Karl joined Citibank in 2011 from JP Morgan. At Citi, Karl overseas swap trading in short tenors across all indices in these currencies, and overseas Fed Fund and SOFR interest rate swap trading across the term structure in the United States.  Prior to this role, Karl worked as a US Dollar Interest Rate swaps trader in JP Morgan’s London office where he was responsible for market making interest rate swaps in the short end as well as across the curve. 

Karl began his career at JP Morgan in 2011, where he worked in various roles starting in the firm’s Asset Management division, and then moving into Interest Rate sales where he covered US and UK based macro hedge funds.

Karl holds a B.Sc. in Mechanical Engineering and an M.Sc. in Mechanical Engineering from New York University. Mr. Abdelnour holds FINRA licenses Series 7 and 63.

Kris Devasabai is the New York-based editor-in-chief of Risk.net. Previously, he was bureau chief and US editor of Risk magazine. He manages the editorial team. Prior to joining Risk, Kris covered hedge funds, asset management, cross-border investing and law for several publications.

Kris holds a bachelor’s degree in law and government from the University of Manchester, and he completed his legal training at the Inns of Court School of Law in London. He was called to the bar of England and Wales in 2003.

Helen Bartholomew is editor-at-Large for Risk.net, based in London. Prior to joining Risk, she was derivatives editor for International Financing Review, part of Thomson Reuters, where she previously reported on debt and equity capital markets. Helen holds a bachelor’s degree in Anthropology from the University of Durham, UK.

Tom is responsible for Morgan Stanley’s transition efforts to alternative reference rates to
replace LIBOR through the firm’s Global LIBOR Transition Steering Committee. This
group, spanning ISG, Wealth Management and Investment Management, will ensure that
all businesses and infrastructure organizations have a consistent set of Firm-level
guidelines, their own transition plans and accountability for transition readiness before
year-end 2021.
Tom most recently led the firm’s Global Business Continuity Management Organization,
which is responsible for strategic planning and risk management for potential cyber and
physical disruptions. He is a member of the firm’s Securities Operating Committee, Risk
Management Committee and Asset/ Liability Management Committee.
Prior to being named Vice Chairman, Tom was the Global Head of the Bank Resource
Management Division where he was responsible for the firm's secured funding, securities
lending, global hedging and collateral management activities.
Beginning his career in the industry in 1977, Tom joined Morgan Stanley in 1986 and has
been engaged in the Firm’s funding, collateral and hedging activities throughout his
career at the firm. Based in New York, Tom has also completed multi-year assignments
in Morgan Stanley’s London and Tokyo offices.
In April, 2019, Tom was named Chair of the Alternative Reference Rates Committee
(ARRC) by the Federal Reserve Board. The ARRC is a group of private-market
participants convened to help ensure a successful transition from USD LIBOR to a more
robust reference rate.
Tom was appointed Chair of the US Commodity Futures Trading Commission’s Market
Risk Advisory Committee (MRAC) Interest Rate Benchmark Reform Subcommittee in
October, 2018.
Tom served as Chair of the Treasury Market Practices Group (TMPG) until May 2019.
The TMPG is sponsored by the New York Federal Reserve and is an industry group
committed to supporting the integrity and efficiency of the U.S. Treasury and Agency
Mortgage Securities Markets.
Tom serves on the board of directors of International Swaps and Derivatives Association,
Inc. (ISDA). Tom was appointed to the Alternative Reference Rate Committee,
sponsored by the Board of Governors of the Federal Reserve in 2014. Tom previously
served on the Financial Research Advisory Committee to the US Treasury Office of
Financial Research from 2012 to 2017.

David Bowman is a Senior Advisor at the Board of Governors of the Federal Reserve System. Mr. Bowman serves as the Board’s senior staff liaison to the Alternative Reference Rates Committee, a group of private sector participants convened by the Board of Governors and Federal Reserve Bank of New York to help identify alternatives to LIBOR and to develop strategies to promote their use. Mr. Bowman also serves as the Board’s representative to the FSB’s Official Sector Steering Group (OSSG) and has previously served as a senior staff member supporting Chairman Jerome Powell in his capacity as co-chair of the OSSG and helped to coordinate the OSSG’s work summarized in the 2014 FSB report, Reforming Major Interest Rate Benchmarks, as well as its subsequent reports. Mr. Bowman additionally serves as the Board of Governor’s representative as an observer to the IBA LIBOR Oversight Committee.

Mr. Bowman has a Ph.D. in Economics from the University of California at Berkeley.
 

Edwin Schooling Latter is Director of Markets and Wholesale Policy at the Financial Conduct Authority where his responsibilities encompass policy in relation to primary and secondary markets, trading venues, trading conduct, benchmarks, asset management and pensions.  From 2011-2014 Edwin was head of the Financial Market Infrastructure
Directorate at the Bank of England, responsible for supervision of CCPs, securities settlement systems, and systemically important payment systems, and for the Bank’s input to policy making on central clearing and OTC derivatives reforms. Prior to appointment as head of MID, Edwin worked in the Bank’s Financial Stability area for several years, including as secretary to the Bank’s Financial Stability Committee. Edwin was also previously Managing Director of UK payment system, LINK Interchange Network Ltd.

Meredith Coffey is Executive Vice President of the Loan Syndications and Trading Association (LSTA), and runs Research Department and co-heads the LSTA’s regulatory and CLO efforts, which help facilitate continued availability of credit and the efficiency of the loan market. In addition, Ms. Coffey heads efforts to analyze current and anticipated loan market developments, helping the LSTA build strategy and improve market efficiency, and providing commentary through weekly newsletters, periodic conferences and webcasts. Ms. Coffey and the analyst team also engage market participants, press and regulators on issues and developments in the global loan market. Ms. Coffey has published analysis on the syndicated loan market in numerous books and periodicals, presents frequently, and has testified several times before Congress on issues pertaining to theloan and CLO markets. Prior to joining the LSTA, Ms. Coffey was Senior Vice President and Director of Analysis focusing on the loan and adjacent markets for Thomson Reuters LPC, working in and running loan research for 15 years. Ms. Coffey has a B.A. in Economics from Swarthmore College and a graduate degree in Economics from New York University.

Andrew Hauser is the Executive Director for Markets. He is responsible for all aspects of the design and execution of the Bank of England’s operations in financial markets, which includes managing the Bank’s own balance sheet and overseeing the UK’s official foreign exchange reserves on behalf of HM Treasury. In addition to these operational duties, he is responsible for market intelligence gathering and providing the Bank’s Monetary Policy and Financial Policy Committees with analysis of global financial markets.

Andrew joined the Bank in 1992 and has worked in senior roles in most major functions.  Most recently, he was Executive Director for Banking, Payments and Financial Resilience. He oversaw the development of the Bank’s own financial risk framework, the operation and strategic development of payment systems, and wholesale and retail banking operations. He was also the executive sponsor for the Bank’s work on FinTech, including setting up of the FinTech Hub. Prior to this, he led the joint Bank/HMT/FCA Fair and Effective Markets Review.

Andrew was Private Secretary to the Governor in 2009-11. He also represented the United Kingdom as a member of the Executive Board of the International Monetary Fund in Washington DC in 2004-6, had oversight of the Bank’s Inflation Report and regional agency network, and served on the secretariat to the Monetary and Financial Policy Committees.

Andrew has an MSc in Economics from the London School of Economics and an MA in Politics, Philosophy and Economics from Oxford University.  In addition to his role at the Bank of England, he was a Non‐Executive Director and Chair of the Audit and Risk Committee for NHS Resolution between 2013 and 2017.

Timothy J. Bowler is President of ICE Benchmark Administration, a wholly-owned subsidiary of Intercontinental Exchange, Inc. (NYSE: ICE). IBA combines robust regulatory and governance frameworks with advanced technology to bring credibility and trust to globally important benchmarks. 

Prior to joining ICE Benchmark Administration in October of 2017, Bowler was a managing director in the Financial Institutions Group at Goldman Sachs advising U.S. depository institutions. Before returning to Goldman Sachs in 2016, Bowler was Counselor to Secretary Lew at the U.S. Treasury. In that function, he was responsible for advising the Secretary on matters related to Housing Finance Reform and troubled municipalities including the Commonwealth of Puerto Rico. He previously served as the U.S. Treasury’s Acting Assistant Secretary for Financial Stability and Deputy Assistant Secretary for the Office of Capital Markets.

Before the U.S. Treasury, Bowler was a managing director in Goldman Sachs’ Financial Institutions Group and held various capital markets and risk management roles at JPMorgan.

Bowler earned a Bachelor of Science degree with a concentration in Finance from the College of William and Mary.

Jasper is Director of G7 Portfolio Management within the EBRD Treasury. He oversees the central risk warehouse for all hard currency risks across the Bank’s balance sheet, and is also heavily involved with IBOR transition across various RFR working groups. Jasper joined the EBRD in 2011. Previously he worked as a macro trader, and was a market maker at ABN AMRO.

Phil leads NatWest Markets’ customer engagement on external Market Structure and Regulatory Reforms, an ever dynamic area given that industry developments are  accelerating rather than drawing breath. Engaging all types of customers across multiple asset classes and regions globally, Phil has a wealth of knowledge when it comes to
NatWest Markets’ business, having joined the Markets Graduate Programme many years ago following completion of his Masters in Economics. His breadth of experience, given previous roles in Sales, Account Planning and Strategy, has been invaluable in providing him with the basis on which he has built a well-rounded approach to
regulatory change.

In recent years, he has taken the lead in implementing many key post-crisis regulatory reforms, including Dodd-Frank, EMIR and MiFID II. Most recently Phil has been leading the client engagement strategy for Brexit and IBOR reform and is an active member of the Risk-Free Rates (RFRs) forums that are shaping this pivotal market reform.

Peter Phelan is Deputy Assistant Secretary for Capital Markets at the U.S. Department of the Treasury. His office focuses on housing finance, capital formation, market structure and liquidity, derivatives, equity and fixed income markets, and reference rate reform. Prior to Treasury, Peter was at CIT Group where he ran the interest rate and foreign exchange desk for the company. He worked at Commerzbank AG before that as the deputy desk manager for the North American balance sheet operations, focused on asset liability management and investment portfolios. Peter is a graduate of Dartmouth College.

Thomas C. Deas, Jr. is the current Chairman of the National Association of Corporate Treasurers, having also served a previous term as its Chairman from 2011 through 2013. From 2001 until his retirement in 2016, he served as Vice President and Treasurer of FMC Corporation (NYSE: FMC), with responsibility for the worldwide treasury function, including financing, treasury operations, pension investments and funding, and insurance and risk management. Prior to joining FMC, he served as Vice President, Treasurer and CFO of Applied Tech Products Corp., of Airgas, Inc. (NYSE: ARG) and of Maritrans Inc. (NYSE: TUG). Prior to these positions, Mr. Deas was employed for 18 years at Scott Paper Company (NYSE: SPP), where he served in various capacities in finance and treasury. Mr. Deas received a BS in Physics from the University of South Carolina. Following service as a destroyer officer in the U.S. Navy, he received an MBA from the Wharton School of the University of Pennsylvania. He is the past Chairman of the International Group of Treasury Associations and is a director of the University of South Carolina Educational Foundation and its Investment Policy Committee. He has served as a member of the Financial Stability Board’s Market Participants’ Group and is a current representative to the Federal Reserve’s Alternative Reference Rates Committee. Both these efforts are charged to recommend changes concerning how LIBOR and other interest rate indexes are determined. Mr. Deas is a member of the steering committee of the Coalition for Derivatives End-Users. He is a frequent speaker at investor conferences and professional forums and has testified on financial reform before numerous Congressional committees.

Mark Cabana is the head of US Short Rates Strategy at BofA Merrill Lynch Global Research, based in New York. In this role, he publishes research and trade recommendations covering US short-term interest rates and macro strategy. He also meets regularly with a broad range of clients to discuss the firm's views on Fed policy, interest rates and financial regulation. He has been with the firm and in this role since 2015.

Before joining the firm, Cabana worked as an officer in the Markets Group at the Federal Reserve Bank of New York, which he joined in January 2007, analyzing global macroeconomic conditions and financial markets. Prior to that role, he was a senior trader/analyst on the Fed’s Treasury Market Policy staff.

Cabana earned a bachelor’s degree in political science and Asian studies at Furman University and a master’s degree from Johns Hopkins University in international relations. He is a CFA charterholder.

Darrell Duffie, Dean Witter Distinguished Professor of Finance at the Graduate School of Business, STANFORD UNIVERSITY

Darrell Duffie is the Dean Witter Distinguished Professor of Finance at Stanford University's Graduate School of Business, and Professor (by courtesy) in the Department of Economics, Stanford University.

Duffie is a Fellow and member of the Council of the Econometric Society, a Research Fellow of the National Bureau of Economic Research, a Fellow of the American Academy of Arts and Sciences, and a member of the board of directors of Moody's Corporation. He was the 2009 president of the American Finance Association, and in 2014 chaired the Financial Stability Board's Market Participants Group on Reference Rate Reform.

Duffie's recent focuses on capital markets and financial stability. His research is published in journals such as Econometrica, Journal of Political Economy, and Journal of Finance, among others. His recent books include How Big Banks Fail (Princeton University Press, 2010), Measuring Corporate Default Risk (Oxford University Press, 2011), and Dark Markets (Princeton University Press, 2012).

Andreas Giannopoulos is Head of Benchmark Interest Rates Governance at Barclays and leads Barclays’ Benchmarks Office. Since 2015, he has worked in the Chair's Office of the Bank of England's Working Group on Sterling Risk Free Reference Rates and in the Working Group on Euro Risk-Free Rates since 2017.

Jason is responsible for the firm's London Inter-bank Offered Rate (LIBOR) transition efforts. Previously, he was deputy head of Liquidity Solutions for Goldman Sachs Asset Management (GSAM). From 2010 to 2017, Jason was the head of International Liquidity Portfolio Management for GSAM, responsible for the management of international liquidity portfolios. From 2007 to 2010, he was co-head of the Secured Funding team on the Central Funding desk, where he and his team were responsible for all financing transactions and financing counterparty relationships across the Investment Management Division. Prior to that, Jason worked in the portfolio and risk strategy group of GSAM’s Fixed Income team from 2004 to 2007. Before joining GSAM, he was an analyst in Fixed Income Operations. Jason joined Goldman Sachs in 2000 and was named managing director in 2012. Jason was recognized by Financial News as one of the “FN 40 Under 40 Rising Stars of Asset Management” in 2013 and 2014. Jason serves on the Board of Trustees of Fairy Bricks. Jason earned a BA in Economics from the University of Michigan in 2000.

Chris is Managing Director, Global Head of Derivatives Trading for Prudential Financial.  His responsibilities include global fixed income and equity derivatives as well as foreign exchange.  Chris began his career with Prudential in 1989, and has worked within Prudential’s derivatives subsidiary since 1993.  He has been in his current role since 2002. 

Chris holds a BA in Economics from Macalester College and an MBA with Distinction in Finance with an International Concentration from NYU.  Chris has earned both the CFA and CLU designations.