| Manuel Ammann is professor of finance at the University of St.Gallen and director of the Swiss Institute of Banking and Finance. He is also the academic director of the University of St.Gallen’s M.A. and Ph.D. programs in banking and finance. His main research interests are in the areas of derivative securities, asset management, financial markets, and risk management. In addition to his academic activities, he serves as a director and trustee to several Swiss companies and foundations, respectively. |