The Faculty of Business and Economics hereby confers all the dignity, rights, and privileges of an honorary doctorate in economics upon:

Professor Stephen G. Cecchetti, Brandeis International Business School

for his outstanding expertise in problems of financial stability,

for his non-fundamentalist, pragmatic, and deep contributions to questions of international monetary policy,

for his merits in building a lasting relationship between the Bank of International Settlements and the Faculty of Business and Economics at the University of Basel.

Stephen G. Cecchetti (born 1956 Berkeley, CA, US) is Rosen Family Chair in International Finance at the Brandeis International Business School, Research Associate at the NBER, Research Fellow at the CEPR, and Vice-Chair of the Advisory Scientific Committee of the European Systemic Risk Board. Before rejoining Brandeis in January 2014, he completed a five-year term as Economic Adviser and Head of the Monetary and Economic Department at the Bank for International Settlements in Basel, Switzerland. During his time at the Bank for International Settlements, Cecchetti participated in the numerous post-crisis global regulatory reform initiatives. This work included involvement with both the Basel Committee on Banking Supervision and the Financial Stability Board in establishing new international standards. Cecchetti's academic appointments include being on the faculties of the Stern School of Business at NYU (1982-1987), the Department of Economics at The Ohio State University (1987-2003).