Biography

Stijn Claessens (Head of Financial Stability Policy and Deputy Head of the Monetary and Economic Department) represents the BIS externally in senior groups, including the Financial Stability Board, the Basel Committee on Banking Supervision and the G20.
Within the BIS, he leads policy-based analyses of financial sector issues and oversees the work of the secretariats of Committee on the Global Financial System, Markets Committee and Committee on Payments and Market Infrastructures. Between 1987 and 2006, he worked at the World Bank in various positions.
From 2007 to 2014, he was Assistant Director in the Research Department of the International Monetary Fund. From 2015 to early 2017, he was Senior Adviser in the Division of International Finance of the Federal Reserve Board.
He holds a PhD in business economics from the Wharton School of the University of Pennsylvania and a master’s degree from Erasmus University, Rotterdam. He taught at the New York University business school and the University of Amsterdam.
Mr Claessens is author of numerous publications in the fields of finance, international finance and international capital flows and further details are available here: https://www.bis.org/author/stijn_claessens.htm.