Thomas Jordan: Introduction of Raghuram Rajan

Text of the Fourth Karl Brunner Distinguished Lecture by Mr Thomas Jordan, Chairman of the Governing Board of the Swiss National Bank, ETH Zurich, Zurich, 19 September 2019.

Central bank speech  | 
19 September 2019
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Ladies and gentlemen

I am very pleased to welcome you all to this year's Karl Brunner Distinguished Lecture. This occasion marks the 30th anniversary of Karl Brunner's death. In the Karl Brunner Lecture Series, the Swiss National Bank pays tribute to academics whose research is of particular relevance for central banking. Today we are celebrating the outstanding contribution made by Raghuram Rajan, the Katherine Dusak Miller Distinguished Service Professor of Finance at the Booth School of Business at the University of Chicago. We are honoured that Dr Rajan has accepted our invitation to deliver this lecture.

Raghuram Rajan was born on 3 February 1963 in Bhopal, India. He started his career with a bachelor's degree in electrical engineering from the Indian Institute of Technology Delhi. Following the decision to leave the sphere of electromagnetic fields and waves in favour of the oscillations of the economy and financial markets, Raghu joined the doctoral programme at the Massachusetts Institute of Technology (MIT), where he received a PhD for his thesis ╩╗Essays on Banking'. Four years later, at the age of just 32, he became a full professor of finance at the University of Chicago.