Dr. Michel Crouhy is Head of Research and Development at IXIS Corporate and Investment Bank (Groupe Caisse d’Epargne).  He has the bankwide oversight on all quantitative research and the development of new products and applications supporting the trading and structuring businesses. Formerly he was Senior Vice President, Business Analytic Solutions, in the Treasury Balance Sheet and Risk Management Division, at CIBC (Canadian Imperial Bank of Commerce).  His responsibilities included the approval of all pricing, balance sheet, risk and capital related models, the development of risk measurement methodologies and models for market, credit (corporate and retail) and economic capital attribution, as well as customer behavior analytics. 

He is a member of The Professional Risk Managers’ International Association’s (PRMIA) Blue Ribbon Panel, and of the International Association of Financial Engineers (IAFE).

Prior to his current position at CIBC, Michel Crouhy was a Professor of Finance at the HEC School of Management in Paris, where he was also Director of the M.S. HEC in International Finance.  He has been a visiting professor at the Wharton School and at UCLA.  Dr. Crouhy holds a Ph.D from the Wharton School and is Doctoris Honoris Causa from the University of Montreal.

He is co-author of “Risk Management” (McGraw-Hill), “The Essentials of Risk Management” (McGraw-Hill) and has published extensively in academic journals in the areas of banking, options, risk management and financial markets.  He is also Associate Editor of the Journal of Derivatives, the Journal of Credit Risk, Asia-Pacific Financial Markets, the Journal of Operational Risk and is on the editorial board of the Journal of Risk.