NSW welcomes CEO for Centre for International Finance and Regulation
8 March 2012
Banking and finance law specialist Ros Grady has been appointed as the Chief Executive Officer of the Sydney-based Centre for International Finance and Regulation.
The Centre for International Finance and Regulation (CIFR) will focus on world-class research and educational activities to help governments, regulators and the finance industry address challenges and opportunities in the international finance sector.
In July 2011, NSW successfully secured CIFR, confirming Sydney's place as the financial capital of Australia. CIFR is based at the University of NSW's CBD campus in O'Connell Street.
Including $6.05 million funding from the NSW Government, the successful NSW bid brought together world experts on finance and regulation with Sydney partners such as UNSW, University of Sydney, Macquarie University, University of Technology, Sydney, the Capital Markets Cooperative Research Centre, and the Securities Industry Research Centre of Asia-Pacific.
Other partners include the Australian National University, the University of Melbourne, New York University's Salomon Centre and Volatility Institute, the Fink Center for Finance & Investment at the University of California, Los Angeles, and industry participants Commonwealth Bank of Australia, Macquarie Group and KPMG.
NSW Deputy Premier and Minister for Trade and Investment Andrew Stoner said Ros Grady will bring strong international experience, including expertise in development finance, to her role as CEO of CIFR.
Ros Grady's extensive career has included work as an international legal consultant to the World Bank, the Asian Development Bank and other leading international financial institutions on reforms to improve access to finance in developing markets.
"The NSW Government wants to position Sydney as a global financial capital and regional centre for international development finance and CIFR's presence in Sydney will help us achieve this goal," Mr Stoner said in his statement.
"Under Ros Grady's guidance, CIFR and Sydney will provide leadership and a voice of reason, wisdom, and stability in the international financial communities that underpin global commerce."