Robert Jarrow is the Ronald P. and Susan E. Lynch Professor of Investment Management at the Johnson Graduate School of Management, Cornell University. He is also a managing director and the director of research at Kamakura Corporation. He was the 1997 IAFE/SunGard Financial Engineer of the year. He is a graduate of Duke University, Dartmouth College and the Massachusetts Institute of Technology. He is an IAFE Senior Fellow. Professor Jarrow is renowned for his pioneering work on the Heath-Jarrow-Morton model for pricing interest rate derivatives and the Jarrow-Turnbull reduced form model for pricing credit risk. His current research interests include the pricing of credit derivatives, the risk management of liquidity risk, and investment management theory. His publications include four books, Options Pricing, Finance Theory, Modeling Fixed Income Securities and Interest Rate Options (second edition) Derivative Securities (second edition), as well as over 80 publications in leading finance and economic journals. Professor Jarrow is the managing editor of Mathematical Finance. He is also an associate editor of the Journal of Derivatives, Review of Derivatives Research, Journal of Fixed Income, The Financial Review, The Journal of Risk, The International Journal of Bonds and The Review of Futures Markets. He is an advisory editor for Asia-Pacific Financial Markets. He serves on the board of directors of several firms.