Presenters

Jian Gao

Former Vice Governor
China Development Bank

Dr. Gao has served as Vice Governor at the China Development Bank (CDB). Currently, he is a Visiting Scholar in the Department of Economics at Harvard. 

Dr. Gao started his career at the Ministry of Finance, where he was the Direct General of the Department of State Debt Administration and the Direct General of the Department of Laws and Regulations.

Dr. Gao is the founder of China’s government securities market, and is considered the godfather of China’s debt capital market for his pioneering works and innovative ideas that contribute to the development of China’s debt securities market. Dr. Gao moved to CDB in late 1998, where he served as Chief Economist, Direct General of the Treasury Department, Assistant Governor, Vice Governor, and Executive Member of Board. He was also the Chairman of Sino-African Fund and Vice Chairman of Mandarin Capital. 

 

Dr. Gao graduated with a Doctorate in Finance from the Institute of Financial Sciences of the Ministry of Finance, and completed post-doctoral studies in the Department of Economics at Harvard University in 1998.

Alejandro Werner

Director of Western Hemisphere Department
International Monetary Fund

Dr. Werner has been the Director of the Western Hemisphere Department of the (IMF) since January 2013. A Mexican citizen, Dr. Werner has had distinguished careers in the public and private sectors, as well as in academia, including serving as the Undersecretary of Finance and Public Credit of Mexico, Professor of Economics at the Instituto de Empresa in Madrid, and Head of Corporate and Investment banking at BBVA-Bancomer. Previously, he was Director of Economic Studies at the Bank of Mexico and a Professor at ITAM. He has published widely. In 2007, the World Economic Forum named Dr. Werner a Young Global Leader. 

 

Dr. Werner received his PhD from the Massachusetts Institute of Technology in 1994.

Charles Tang

President
Brazil-China Chamber of Commerce & Industry

Mr. Tang is the Honorary President of the Beijing International Chamber of Commerce, a member of the International Advisory Council of the Wuhan Government, an Economic Advisor to the Governments of Jilin City and of Huainan, the Advisor to the Government of Jiangxi Association of Friendship with Foreign Countries, and Advisor to the Nanning sub-council of the CCPIT. 

Mr. Tang is also a member of the Fernand Braudel Institute of World Economics in São Paulo. The Brazil-China Chamber of Commerce and Industry represents the State of Pernambuco and the State Government of Pará in China. He held an assistant Professor of Economic Development at Estácio de Sá University in Brazil. He presently heads a Brazilian mineral assets development holding company, and an investment advisory firm. 

 

Mr. Tang earned his BA from Cornell University and completed Law School at Estácio de Sá University in Brazil.

Yasheng Huang

Associate Dean and Professor of International Management
MIT Sloan School of Management

Dr. Huang is in charge of MIT Sloan’s global partnership programs and its Action Learning initiatives. Dr. Huang holds International Program Professorship in Chinese Economy and Business, has held pro-bono special-term Professorships at School of Management at Fudan University, School of Management Xian Jiaotong University, School of Public Administration at Zhejiang University, Shanghai Jiaotong University, and an honorary Professorship at Hunan University. 

Dr. Huang is the author of Capitalism with Chinese Characteristics that was selected by the Economist magazine as one of the best books published in 2008. At MIT Sloan School of Management, Dr. Huang founded and runs China Lab and India Lab, which provide low-cost consulting services to small and medium entrepreneurs in China and India. He is a fellow at the Center for China in the World Economy at Tsinghua University, a research fellow at Shanghai University of Finance and Economics, and a World Economic Forum Fellow. 

 

Dr. Huang received his BA (1985) and PhD (1991) in Government both from Harvard University.

Donald R. Lessard

Epoch Foundation Professor of International Management, Emeritus
MIT Sloan School of Management

A member of the MIT faculty since 1973, Dr. Lessard has served as Deputy Dean of the Sloan School of Management and founded MIT’s Institute-wide undergraduate energy minor. He also founded the MIT Executive MBA, the BP Projects and Engineering Academy, and the Li and Fung Executive Development Program. 

Dr. Lessard's research interests are global strategic management, project management, and risk management with an emphasis on the energy sector. Dr. Lessard has published extensively on these topics in academic and professional journals. Dr. Lessard has been active in Latin America throughout his career, including research projects on financial integration in the Andean Region, the design of financial vehicles for extractive ventures, advocacy of alternatives to general obligation bank borrowing, and most recently, on how Latin American firms compete globally. 

 

Dr. Lessard earned his BA in Latin American Studies, an MBA and PhD in Business Administration from Stanford University.

Fernando Reyes Matta

Director, Center for Latin American Studies on China
Universidad Andrés Bello

Ambassador Reyes Matta is the former Chilean Ambassador to the People’s Republic of China. He also served as the Director of Public Affairs for the South American Peace Commission, and Director of the International Research Project on Information and Press for the Ibero-American Cooperation and Reuters. His diplomatic career included appointments as Director of the Press in the Mission of Chile to the United Nations in New York, with special emphasis on communication strategies for the Summit for Social Development, Director of Cultural Affairs and Information, Ministry of Foreign Affairs of Chile, Ambassador to New Zealand and International Press Advisor to the President of the Republic. 

He also taught at the School of Journalism at the Catholic University of Chile, the Universidad Andrés Bello and Stanford University. 

 

He studied History and Geography at the University of Chile and Postgraduate at the Institute of Political Science of the Catholic University of Chile

Ilan Goldfajn

Chief Economist
Itaú Unibanco Bank - Brazil

Dr. Goldfajn is the former deputy governor of the Central Bank of Brazil and previously served as director of Instituto de Estudos de Política Econômica (IEPE-CdG), a Brazilian think-tank, and was a founding partner of Ciano Investimentos, a hedge fund based in Brazil. Other work experience includes serving as a partner at Gávea Investimentos, partner at Galanto Consultoria, professor of graduate courses in International Finance and Macroeconomics at PUC-Rio, economist at the IMF and assistant professor at Brandeis University. 

He has written numerous academic and policy-related papers and acted as a consultant to various parties including the World Bank, United Nations, IDB, and the Brazilian government. Dr. Goldfajn has been ranked by Institutional Investor magazine as one of the leading economists in Brazil and Latin America for three years in a row. In 2013 he earned a #1 position as top economist in Brazil. He writes monthly newspaper op-eds in O Estado de São Paulo and O Globo.

 

Dr. Goldfajn earned his undergraduate degree from Federal University of Rio de Janeiro, a Master’s degree from PUC in Rio de Janeiro, and his PhD in Economics from MIT.

Sun Pei

Associate Professor of Industrial Economics
Fudan University, School of Management - China

Dr. Sun is currently undertaking research on Corporate Governance/Strategy and Industrial organization in emerging economies, particularly China. Dr. Sun has published papers in renowned academic journals and is a frequent commentator on Chinese economic and business issues in both domestic and global media. He has also provided policy advice and consulting service to numerous multinational and domestic companies in China. 

Before joining Fudan University, he was an Assistant Professor of Industrial/Managerial Economics at the Nottingham University Business School, U.K. In 2012, Dr. Sun received both the Outstanding MBA Teaching Award and the Outstanding Young Faculty Award. 

 

Dr. Sun received his PhD in Business and Management Economics from Judge Business School, University of Cambridge.

Valerie J. Karplus

Assistant Professor in the Global Economics and Management Group
MIT Sloan School of Management

Dr. Karplus is also director of the Tsinghua-MIT China Energy and Climate Project. Her research focuses on resource and environmental management in firms operating in diverse national and industry contexts, with an emphasis on emerging markets and the role of policy. 

Dr. Karplus is an expert on China’s energy system, including technology trends, energy system governance, and the sustainability impact of business decisions. She leads the China Energy and Climate Project at MIT, an international collaborative team of researchers focused on China’s role in global energy markets and climate change mitigation. 

 

Dr. Karplus earned a BS in biochemistry and political science from Yale University and a PhD in engineering systems from MIT.

Vittorio Corbo Lioi

Senior Research Associate
Centro de Estudios Públicos - Chile

Dr. Corbo previously was President of The Central Bank of Chile and a Professor of Economics at the Pontificia Universidad Católica de Chile and Concordia University in Montreal. Dr. Corbo also held senior positions at the World Bank in Washington and was Professorial Lecturer in Economics at Georgetown University. Dr. Corbo is currently Chairman of the Board of Directors (non executive) of Banco Santander-Chile and Chairman of the Board of Directors (non-executive) of SURA Insurance-Chile and member of the Board of Directors of Banco Santander-España, Banco Santander-Mexico, ENDESA-Chile and CCU SA. He is also a frequent economic consultant to several leading corporations in Chile and abroad. Dr. Corbo was also President of an Advisory Committee, appointed by the Minister of Finance of Chile to review the Chilean Fiscal Rule. 

 

Dr. Corbo holds a commercial engineering degree (with maximum distinction) from Universidad de Chile and a PhD in economics from MIT.

Xinzhong Xu

Professor of Finance and Dean
Lingnan (University) College, Sun Yat-sen University

Dr. Xu’s previously was the Senior Associate Dean of Guanghua School of Management, Peking University, an Economist at the Bank of England, a Chair Professor of Finance at Lancaster University Management School, a Senior Lecturer at Manchester Business School, and a Research Fellow at Warwick Business School. 

Dr. Xu is Editor-in-Chief of Quarterly Journal of Finance (in Chinese) and Associate Editor of Journal of Corporate Finance. He is also Secretary General of the China Finance Annual Conferences and was chairperson of the Board of Directors. His research areas are in behavioral finance, corporate governance, and financial engineering. Dr. Xu has been leading two Key Research Projects of the National Natural Science Foundation of China, two projects from the National Foundation for Distinguished Young Scientists and Program for Innovative Research Team in Universities of the Ministry of Education. 

 

Dr. Xinzhong Xu received his BSc in Geophysics from Peking University in 1985, MBA from Aston University in 1989, and PhD from Lancaster University in 1993.

Ning Zhu

Deputy Dean and Professor of Finance
Shanghai Advanced Institute of Finance - China

Dr. Zhu is a faculty fellow at the Yale University International Center for Finance, and a Special Term Professor of Finance at University of California, Davis and at Guanghua School of Management at Beijing University. 

Prior to coming back to Asia, Dr. Zhu was a tenured professor of finance at University of California. He is an expert on behavioral finance, investments, corporate finance, and the Asian financial markets and has published numerous articles in leading journals in the finance, economics, management and legal fields. He is the author of the best seller The Investors’ Enemy. 

In addition, Dr. Zhu helps asset management companies in a wide range of capacities. He consults for the World Bank and IMF, market regulators, stock and futures exchanges, and institutional money managers and investment banks in the world. 

 

Dr. Zhu earned his BA in economics from Beijing University, Master of Science degree from Cornell University (NY), and PhD in Finance from Yale University.

Roberto Rigobon

Society of Sloan Fellows Professor of Management and Economics
MIT Sloan School of Management

In addition to his responsibilities at MIT Sloan, Dr. Rigobon is also a Research Associate of the National Bureau of Economic Research, a member of the Census Bureau’s Scientific Advisory Committee, and a Visiting Professor at IESA. Born in Venezuela, his areas of research are International Economics, Monetary Economics, and Development Economics. He focuses on the causes of balance-of-payments crises, financial crises, and the propagation of them across countries—the phenomenon that has been identified in the literature as contagion. Dr. Rigobon currently studies Properties of International Pricing Practices, trying to produce alternative measures of inflation. He is one of the two founding members of the Billion Prices Project, and a co-founder of PriceStats. He joined the MIT Sloan School of Management in 1997 and has won awards for the “Teacher of the Year” and the “Excellence in Teaching” at MIT three times. 

 

Dr. Rigobon earned his BS in Electrical Engineer from Universidad Simón Bolívar, Caracas, Venezuela in 1984, an MBA from IESA (Venezuela) in 1991, and his PhD in Economics from MIT in 1997.

Enrique Ostalé

Executive Vice President, President and CEO
Walmart Latin America

Mr. Ostalé served as President and CEO of Walmart Chile where he led the successful transition of the D&S chain, acquired by Walmart Stores Inc. in 2009, into today’s Walmart Chile. Mr. Ostalé served at D&S as manager of its financial division, then of its merchandising division and subsequently as manager of its Lider format before becoming its CFO. He left the company to take up a position as CEO of Emol, the online service of the El Mercurio newspaper. 

During his career in Chile, Mr. Ostalé has been a Director and Vice President of the Instituto Chileno de Administración Racional de Empresas and served on the governing council of Fundación País Digital and the advisory councils of the Sociedad de Fomento Fabril, the Cámara de Comercio de Santiago and the Corporación Red de Alimentos. 

 

Mr. Ostalé earned his undergraduate degree in Economics and BA from the Adolfo Ibáñez University and an MS in Accounting and Finance from the London School of Economics.

 

Chong-en Bai

Mansfield Freeman Chair Professor in Economics, Associate Dean
School of Economics and Management of Tsinghua University

Dr. Bai joined Tsinghua University in 2004, and was a faculty member of Boston College and the University of Hong Kong. Dr. Bai was selected a Cheung Kong Scholar by the Ministry of Education of China in 2006 and received the Distinguished Young Scholar Grant from the National Science Foundation of China in the same year. 

Dr. Bai is a member of the executive committee of International Economic Association, and also a member of the Scientific Council of the Barcelona Graduate School of Economics. He currently serves on the editorial board of The World Bank Economic Review, and has served also on the editorial or academic advisory board of Economic Research Journal and other top Chinese national journals. 

 

Professor Bai earned his BA in Mathematics from University of Science and Technology of China in 1983, and received his PhD in Economics from Harvard University in 1993, after earning a PhD in Mathematics from University of California, in 1988.

Paul Mackel

Managing Director
HSBC Hong Kong

Paul Mackel leads HSBC's Asian FX Research team and is based in Hong Kong. HSBC's Asian FX Research team is highly regarded for its comprehensive analysis of FX policy in the region and along with the rest of the emerging market currency research team is highly ranked in investor surveys. Paul has been a currency analyst for nearly 15 years and had joined HSBC in June 2006. Prior to joining HSBC, Paul worked in similar roles for other financial institutions in London while covering major and Central European currencies. He is a regular contributor to the FX strategy publications and appears regularly in the media.

Originally from Canada, Paul studied in the United Kingdom at the London School of Economics and the University of Edinburgh.

André Loes

Chief Economist
HSBC Latin America

Dr. Loes joined HSBC as Brazil Chief-economist in August 2008. Previous to joining HSBC, André has been an advisor to the Foreign Trade Secretary of Brazil, as well as the Brazil Chief-economist for Banco Bozano, Simonsen and later for Banco Santander, where he also led the equity department from 2005 to 2008.

Dr. Loes earned his BA in Economics at the Federal University of Rio de Janeiro, and his PhD degree in Economics, from University of Paris.

Taotao Chen

Professor of School of Economics & Managment
Tsinghua University

Dr. Taotao Chen is professor of School of Economics & Management, Tsinghua University and director of Center for China & Latin America Management Studies, Tsinghua University.  Dr. Chen's main research areas are “Foreign Direct Investment (FDI)” “International Business” and “Globalization and Strategy”. She has published more than 30 papers on the topic of FDI spillover, Chinese Companies investing abroad, and has presided research projects supported by National Science Foundation, Ministry of Education and Ministry of Commerce etc.  In recent years, cooperating with Ministry of Commerce, World Economic Forum, UNESCAP, ECLAC, CAF and other international institutions and organizations, Dr. Chen focused on topics such as The Mechanism of Chinese Companies Investing in US, The Business Environment in Latin America and The capability of Chinese companies, Chinese companies investing in Europe and the contribution of MNCs to Regional Integration.

Dr. Chen received her Ph.D. in School of Economics & Management, Tsinghua University and M.A. in Economics Research Institute of Public Finance, Ministry of Finance of China.