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5. Mr. Gerard Caprio

Director Operations and Policy Department of financial Sector and Manager, Financial Sector Research, World Bank

Mr. GERARD CAPRIO (Ph.D. in Economics, University of Michigan; A.B., Economics, Williams College) holds the joint appointment of Director, Financial Sector Operations and Policy Department, in the World Bank?s Financial Sector Vice Presidency, and also serves as Manager, Financial Sector Research, in the Bank?s Development Research Group. Before joining the Bank in 1988, he was Vice President and Head of Global Economics at JP Morgan, previously holding economist positions at the Federal Reserve Board and the IMF, as well as teaching at George Washington University. Jerry has researched and written extensively on financial sector policy, financial reform, and monetary policy implementation, including Reforming Finance: Historical Implications for Policy and Financial Reform: Theory and Experience (both Cambridge University Press).

His current research is on the links between financial sector regulation and supervision and the performance of financial institutions, as well as on financial crises. Much of this work is published in the new Research Report Finance for Growth: Policy Choices in a Volatile World.

A Regional Seminar on the Development on Non-Bank Financial Institutions in Latin America Region

Santiago- Chile

12/4/2002Page 6 of 49

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