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Avinash Persaud

Emeritus Professor, Gresham College, UK
Avinash PersaudAvinash Persaud

Avinash Persaud is an emeritus professor of Gresham College in the City of London, chairman of Intelligence Capital, a financial advisor to governments and large institutions, and chairman of Elara Capital, a London-based specialist in emerging markets. He was previously a senior executive at State Street Bank, JPMorgan, and UBS. He has been a member of the UN Commission on Financial Reforms (2008), chairman of the second Warwick Commission (2009), and expert member of the UK Treasury’s Audit and Risk Assurance Committee (2009–2012). He has won a number of prizes and awards in finance, including first prize, Jacques de Larosière award, from the Institute of International Finance. Prospect magazine has voted him one of the top public intellectuals on the financial crisis.

Articles by this Author

  • Why We Must Break Up the Financial Herd
    by Avinash Persaud
    Memories are short. But those in finance are even shorter. Before the credit crunch began in 2007, policymakers in advanced economies were flirting with the idea that we should just accept that financial crises occur every seven years or so and plan accordingly, as seeking to avert or limit them would suffocate the financial system. At the time, greater financialization of the economy, which is when the financial sector accounts for an ever...

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