Speaker Details
Michael Ong
Professor of Finance, Stuart School of Business, Illinois Institute of Technology
Michael K. Ong is Professor of Finance at the Stuart School of Business, Illinois Institute of Technology. He was formerly the Director of the Finance Program and the Executive Director of the Center for Financial Markets. Prior to his retirement from the financial industry in 2003, Dr Ong was Executive Vice President and Chief Risk Officer for Credit Agricole Indosuez in New York. Previously, he was Head of Enterprise Risk Management for ABN-AMRO Bank, and prior to that, Head of Corporate Research for First Chicago NBD Corporation (which became Bank One and then merged with JP Morgan Chase). Before joining First Chicago NBD, he was responsible for quantitative research at Chicago Research and Trading Group. Earlier on, he served as an assistant professor of mathematics at Bowdoin College. He is a member of the Editorial Board of the Journal of Financial Regulation and Compliance, the Journal of Credit Risk, and the Journal of Risk Management for Financial Institutions. He was the founding editor and Editor-in-Chief of the Journal of Credit Risk, and was on the editorial board of the Journal of RISK and The RMA Journal. The second edition of his bestselling book, The Basel Handbook, was published in January 2007. He is also the author of the critically acclaimed book, Internal Credit Risk Models -- Capital Allocation and Performance Measurement, published by Risk Books in 1999. Dr Ong is widely recognised in the financial industry for his work on portfolio credit risk modelling, economic capital allocation, operational risk, and enterprise risk management, and for his very active involvement in regulatory issues.
