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Senior Fellow Biographies

Oldrich Vasicek is a founding partner of KMV and currently advises Moody's Analytics. In his early career, he was a Vice President in the Management Science Department of Wells Fargo Bank. His academic career includes teaching graduate finance at the University of Rochester, the University of California at Berkeley and at Ecole Supérieure des Sciences Economiques et Commerciales in France. A native of the Czech Republic, he holds a Ph.D. in probability theory from Charles University in Prague.

Dr. Vasicek works in mathematical finance, particularly on development of quantitative models of firms, financial instruments and financial markets. His work is extensively cited and used in applications. He has published over 30 articles in financial and mathematical journals and has received a number of honors, including the Graham and Dodd Award, the Roger F. Murray Prize, the Award of the Institute for Quantitative Research in Finance and the Risk Magazine Lifetime Achievement Award. He has been inducted into the Derivatives Strategy Hall of Fame, the Fixed Income Analysts Society Hall of Fame and the Risk Hall of Fame. His equilibrium model of the term structure of interest rates is generally recognized as a genesis of this field in finance.

Dr. Vasicek was named IAFE/SunGard Financial Engineer of the Year in 2004.

 

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