Former IMFS Professors

Prof. Dr. Dres. h.c. Theodor Baums

has the Endowed Chair for Civil and Business Law at the Institute for Law and Finance (ILF) at Goethe University, which he founded and where he now serves as a member of the management board. He was the chairman of the Government Commission on Corporate Governance, a member of the Advisory Board of the Federal Financial Supervisory Authority (BaFin) , counsel to the the EC Commission on company law, and ethics advisor to the management board of the Deutsche Bundesbank.Currently he is a member of the German governments commission on the Corporate Governance Code.

Prof. Baums is co-editor of several scientific journals and publication series. He has published more than 150 books and articles on corporations, civil and antitrust law. Prof. Baums has frequently advised the German Federal Government and Federal Parliament on questions concerning company and securities market regulation and was also an advisor for international organizations like the World Bank and the OECD. In 2006, he was awarded the Order of Merit 1st class of the Federal Republic of Germany.

Prof. Baums studied law and Catholic theology in Bonn. After receiving his doctor juris he was a professor in Münster and Osnabrück before he came to Frankfurt in 2000. He is a Professeur associé of the University of Luxemburg as well as Dr. rer. pol. h.c. und Dr. iur. h.c. He has been a Founding Professor of the IMFS.

Prof. Dr. Stefan Gerlach

From September 2007 until August 2011, Stefan Gerlach held the IMFS endowed chair of Monetary Economics. After completing his studies at the Universities of Lund and Gothenburg in Sweden, the Swedish born Gerlach earned his doctorate from the University of Geneva. He has been a Visiting Scholar at Harvard University, Visting Assistant Professor at Brown University, Rhode Island, as well as at INSEAD, Fontainebleau. In 1992, he received tenure as Associate Professor at Brandeis University, Massachusetts. Before joining the IMFS, Gerlach worked for 15 years at the Bank for International Settlements (BIS) in Basel – most recently as Head of Secretariat to the Committee on the Global Financial System – and was the Executive Director at the Hong Kong Monetary Authority and Director of the Hong Kong Institute for Monetary Research. From September 2011 until September 2015, Stefan Gerlach was Deputy Governor of the Central Bank of Ireland.

Prof. Dr. Roman Inderst

From October 2006 until September 2012, Roman Inderst held the IMFS endowed chair of Finance and Economics. Inderst completed the international business programm (ESB) at FH Reutlingen in 1994 and worked in the fields of banking and consulting. Before earning his Ph.D. in 1998, he obtained degrees in Sociology and Economics. Before joining the IMFS, he held a tenured position as Associate Professor of Finance at INSEAD, France, and as full Professor of Accounting and Finance at the London School of Economics, where he still holds a position as Visiting Professor. His main research areas are the regulation of financial markets, including retail finance and banking supervision as well as competition policy.

Prof. Dr. Dr. h.c. Reinhard Schmidt

is Seniorprofessor at the House of Finance of Goethe University, focusing on financial systems in industrial and developing countries, especially compare of financial systems in Europe, international firms and their strategy and structure, finance theory, international economic relationships and regulation as well as development financing.

He is a member of the European Shadow Financial Regulatory Committee. Furthermore, Prof. Schmidt is author and editor of 25 books and 70 contributions to compilations and has published more than 60 scientific articles in national and international magazines.

From 1991 to 2014 Prof. Schmidt held the Endowed Chair of Finance and Accounting at Goethe University, before that he was a professor in Trier and Göttingen. As a Visiting Professor he taught at various universities like Stanford, Georgetown University in Washington D.D., Wharton School in Philadelphia and in Paris and Milan. He has also been an Affiliated Professor at the IMFS.

Prof. Vikrant Vig, Ph.D.

Visiting Scholar of Financial Economics (until August 2015) / Professor of Finance at London Business School

Prof. Vikrant Vig is Professor of Finance at the London Business School. Previously, he had gained a Master of Science in Industrial Engineering, a Master of Business Administration, and a Master of Finance at the University of Illinois at Urbana-Champaign. Vikrant Vig’s academic field of interest encompasses Corporate Finance, Law and Finance, Banking, and Organizational Economics.
He is co-editor of the "Review of Finance" and associate editor of the "Journal of Financial Intermediation" and "Finance Research Letters". Organizations worldwide have made use of his expertise. Vikrant Vig gave talks at renowned universities like Harvard, Chicago, Berkeley, Yale, Wharton, and Columbia and in 2005 was a Visiting Scholar at the Reserve Bank of India.

In various publications Vikrant Vig analyzed the subprime crisis in the United States. In collaboration with Deutsche Bundesbank, he investigated aspects of banking regulation and supervision.

IMFS Working Lunch with Vikrant Vig on "The Limits of Model-Based Regulation"