Monetary Operations: Tools and Techniques for Policy Implementation, 2023

Carlos Cantú joined the BIS in the spring of 2016. He obtained his MA and PhD in economics from the University of California, Los Angeles. Before obtaining his PhD, he worked for the Bank of Mexico in the Economic Research Department. He is part of the secretariat of the BIS Consultative Group on Innovation and the Digital Economy Technical Task Force on CBDCs.

Roberto Motto is Senior Adviser in the Directorate General Monetary Policy of the European Central Bank (ECB). He holds a Ph.D. in Economics from the University of York. He has worked at the ECB since 2000. His expertise is in monetary policy and macroeconomics. He has published in several international journals such as “American Economic Review”, “Journal of Monetary Economics”, “Journal of Money, Credit and Banking”, “Journal of Economic Dynamics and Control”, and has co-authored a book on the history of the ECB monetary policy.

Francesco Papadia is chair of Prime Collateralised Securities, chair of the Selection Panel of the Hellenic Financial Stability Fund, resident fellow of Bruegel and lectures at various Universities. Between June 1998 and May 2012 he was director general for Market Operations at the European Central Bank. Before that he held different positions at Research Department and Foreign Department of Banca d'Italia. Between 1980 and 1983 he was economic advisor at the Directorate General for Economic and Financial Affairs of the European Commission. From 1974 to 1979 he served as economist in the Research Department of Banca d'Italia. Francesco Papadia holds a degree in Law from the University of Rome. He did his postgraduate studies in Economics at Istao, Ancona and at the London Business School. He has published numerous articles and books.

Miklos Vari is currently a Research Economist in the Bank of France monetary policy division, and a consultant for the IMF monetary and capital market department. He was previously an analyst in the ECB’s Directorate-General of market operations and an Economist at the International Monetary Fund. He has written policy papers and published academic articles in leading economics and finance economic journals on the impact of central bank’s market interventions. Miklos hold a PhD from the Paris School of Economics.

Andy is currently a Visiting Fellow at the Hoover Institution, Stanford University. He worked at the BIS from 2002-21 where, most recently, he held the position of Head of Monetary Policy and, prior to that, Head of Economics for Asia and the Pacific. Before joining the BIS, he served on the staff of President Bush’s Council of Economic Advisers, was an Assistant Vice President and Economist at the Federal Reserve Bank of Kansas City, taught as an Adjunct Associate Professor at the University of Chicago Graduate School of Business, was a visitor at the IMF, and has worked with many central banks across the globe during his career. Andy has authored numerous publications in the fields of international monetary policy, macroeconomics, and financial stability. Andy holds a Ph.D. in economics from the University of Chicago.

Maksym Komarov joined the National Bank of Ukraine in 2018 and took part in the elaboration of strategic planning functions and functional strategies. He also developed and implemented new methodology for the formation of Yearly Goals, established three levels of indicators for each strategic goal, and compiled monitoring reports for the NBU Board. In 2019, he established international roundtable dedicated to strategic planning in Central Banks and financial sector regulators.

Maksym has excellent knowledge and experience in the fields of strategic planning, implementation of key performance indicators, and carrying out organizational and structural changes, which he gained while working for Barclays Bank in London.

Maksym Komarov graduated from the National University of Kyiv-Mohyla Academy with a Master’s degree in Finance and Credit and obtained a Post Graduate Certificate in International Business Practice from St Mary's University in Twickenham in the UK.

Faisal Sarwar is currently working with State Bank of Pakistan as a Deputy Director-Finance department. He is expertise in the area of Treasury Market (Money, Foreign & Bond/Fixed Income), Finance and Gold Market. He manages risk against these markets. Mr. Faisal has an experience of over 14 years working in different segments of the financial sector of Pakistan including Commercial banks, Financial Institution and the Central Bank.

Francesco Papadia is chair of primary collateralised securities, chair of the selection panel of the Hellenic Financial Stability Fund, resident fellow of Bruegel and lectures at various universities. Between June 1998 and May 2012 he was director general for market operations at the European Central Bank. Before that he held different positions at Research Department and Foreign Department at the Bank of Italy. Between 1980 and 1983 he was economic advisor at the Directorate General for Economic and Financial Affairs of the European Commission. From 1974 to 1979 he served as economist in the Research Department of the Bank of Italy. He holds a degree in law from the University of Rome and did his postgraduate studies in economics at Istao, Ancona and at the London Business School. He has written numerous articles and books.