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Professor Viral Acharya Joins European Systemic Risk Board’s Advisory Scientific Committee

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Professor of Finance Viral Acharya was selected by the European Systemic Risk Board (ESRB) to be one of the 15 members of its newly established Advisory Scientific Committee (ASC).

The ASC, whose work begins this May, has a renewable four-year mandate comprised of analytical and consultative tasks. Acharya will participate in improving analytical methodologies for detecting risk and assessing its impacts, designing and calibrating effective macro-prudential policy tools and reviewing macro-prudential strategies and operational frameworks to contribute to the ESRB’s evolving policy framework.

Acharya’s research interests are in the regulation of banks and financial institutions, corporate finance, credit risk and valuation of corporate debt, and asset pricing with a focus on the effects of liquidity risk. He has received numerous awards and recognition for his research.