Luc Laeven is the Director-General of the Directorate General Research of the European Central Bank. Prior to this he was the Lead Economist of the Research Department of the International Monetary Fund and he has also worked at the World Bank. His research focuses on banking and international finance issues, and has been widely published in top academic journals, including the American Economic Review, the Review of Economic Studies, the Journal of Finance, the Journal of Financial Economics, and the Review of Financial Studies. He has also published books on Systemic Risk, Crises and Macroprudential Regulation (MIT Press), Systemic Financial Crises: Containment and Resolution (Cambridge University Press), and Deposit Insurance Around the World: Issues of Design and Implementation (MIT Press). He is a Professor of Finance at Tilburg University, Research Fellow of the Centre for Economic Policy Research (CEPR) in London, Chair of the ESCB Heads of Research Committee, Chair of the Steering Committee of the Euro Area Business Cycle Network, Managing Editor of the International Journal of Central Banking, and Member of the Board of Directors of TalentNomics. He has an undergraduate degree in econometrics from Tilburg University, a master’s degree in international finance from the University of Amsterdam and a PhD in economics from the University of Amsterdam, and also studied at the London School of Economics and Political Science.