Successful Risk Management in Development Finance: Cutting-Edge Case Studies from Africa

Thu, Nov 8, 2018, 12:00 pm to 1:20 pm
Bowl A71, Louis A. Simpson International Building
Princeton University faculty, staff, and students
The Julis-Rabinowitz Center for Public Policy & Finance

As the flow of overseas development assistance shrinks, firms and governments in emerging markets, as well as development banks, are increasingly seeking out new, private investors. In this context, risk management tools---from balance sheet readjustment, to project cofinancing, and risk guarantees---are critical for attracting and retaining investment.

Dr. Christopher Marks *96 has worked in the financial markets and financial sector advisory, across the public and private sector, for more than 25 years. He is Managing Director, Head of Emerging Markets EMEA, at the Mitsubishi UFJ Financial Group (MUFG). Prior to his current role, Christopher served as Senior Advisor at the African Development Bank, resident in Abidjan and reporting to the Group Chief Risk Officer and the Acting VP for Infrastructure, Private Sector and Regional Integration / Director of Financial Sector Development. He was responsible for the origination, structuring, and execution of synthetic structured finance and capital markets transactions for the AfDB’s balance sheet and African sovereign and quasi-sovereign clients. He continues to consult on an occasional basis as Expert - Capital Markets/Sovereign Debt Management for the International Monetary Fund as well as representing MUFG in the World Economic Forum’s Sustainable Development Investment Partnership.

Dr. Marks was previously Global Head of Debt Capital Markets at BNP Paribas in London and a member of BNP Paribas’ Global Fixed Income Business Committee, having spent 15 years at the bank. Prior to his career as an investment banker, he worked as a public finance specialist, with a particular focus on intergovernmental finance including 5 years living and working in West Africa. He has worked for the World Bank, OECD, Price Waterhouse International Privatization Group, and as a three-year resident US Government Advisor to Poland's Ministry of Finance. At the beginning of his professional career, prior to graduate school, he served as a Peace Corps Volunteer in Togo, assigned to an International Labor Office cooperative credit program. He holds a M.A. from Johns Hopkins SAIS, a D.E.A. from the Institut d’Etudes Politiques de Paris, and a Ph.D. from Princeton University's Woodrow Wilson School.