Randall S. Kroszner is the Norman R. Bobins Professor of Economics and Deputy Dean for Executive Programs at the Booth School of Business of the University of Chicago.
Kroszner is currently based out of Chicago Booth’s London campus. From 2006 to 2009, he served as a Governor of the U.S. Federal Reserve System, where he took a leading role in developing responses to the financial crisis.
He chaired the Fed’s Committee on Supervision and Regulation and the Committee on Consumer and Community Affairs. He represented the Fed on the Financial Stability Board, the Basel Committee on Banking Supervision, and the Committee of Central Bank Governors of the Americas. He chaired the OECD Working Party of deputy central bank governors and deputy finance ministers on international macroeconomic policy. From 2001 to 2003,
Professor Kroszner was a member of the U.S. President’s Council of Economic Advisers, where he worked on issues including sovereign debt restructuring, currency crisis management, terrorism risk insurance, financial regulation, corporate governance, and IMF reform. Professor Kroszner currently serves as the Chair of the Financial Research Advisory Committee to the Office of Financial Research at the US Treasury. He is a member of the Federal Reserve Bank of Chicago’s Academic Advisory Council and is a member of the advisory board of the Paulson Institute. He is a Research Associate of the National Bureau of Economic Research.
Professor Kroszner has more than 100 publications, including his book with Nobel laureate Robert J. Shiller, Reforming U.S. Financial Markets: Before and Beyond Dodd-Frank, which appeared on the Washington Post’s “Book World” political bestsellers list. His paper on corporate ownership won the Brattle Prize for best corporate finance paper in the Journal of Finance. Professor Kroszner is a much sought-after media commentator and consults with financial institutions, government organisations, and central banks throughout the world. In addition, he is advising a number of fintech startups. Professor Kroszner received a ScB from Brown University and a PhD from Harvard University.