First Deputy Managing Director of the International Monetary Fund
New Challenges for International Cooperation
About the Speaker
John Lipsky became First Deputy Managing Director of the International Monetary Fund on September 1, 2006. Prior to this, Mr. Lipsky was Vice Chairman of JPMorgan Investment Bank where he advised the firm's principal market risk takers, published independent research on the primary forces shaping global financial markets, actively engaged their key clients, and represented them worldwide with senior public and financial sector decision makers. Mr. Lipsky also served as JPMorgan's Chief Economist, Chase Manhattan Bank's Chief Economist and Director of Research, and as Chief Economist of Salomon Brothers, Inc. from 1992 until 1997. From 1989 to 1992, Mr. Lipsky was based in London, where he directed Salomon Brothers' European Economic and Market Analysis Group. Before Salomon Brothers, he spent a decade at the IMF, where he helped manage the exchange rate surveillance procedure, analyzed developments in international capital market, and participated in negotiations with several member countries. He also served as their Resident Representative in Chile during 1978-80. Mr. Lipsky has a bachelors degree in economics and an M.A. and Ph.D. in economics from Stanford University.