June 24, 2020

Isabelle Strauss-Kahn appointed as new LBMA Non-Executive Director

Third Independent NED

LBMA is delighted to announce the appointment of Isabelle Strauss-Kahn, formerly of the World Bank and the Banque de France (BDF), as its third Independent Non-Executive Director, with effect 1 July, 2020.

This follows the news, that due to an unexpected change in personal circumstances, Simon Potter has had to resign from the Board to take up a new full-time role. LBMA wishes him all the best for the future and we look forward to reading about his experiences of working at LBMA in his Editorial for the next edition of the Alchemist.

Ruth Crowell, Chief Executive of LBMA commented "We look forward to working with Isabelle, whose extensive experience in the financial services industry – specifically with central banks, will further strengthen LBMA’s global reach and independence of the Board."

About Isabelle Strauss-Kahn

Isabelle Strauss-Kahn is an international consultant in Financial Asset Management as well as being an Advisory Board member of the World Gold Council and the Treasurer/ Board member of the Paris Institute of Advanced Studies. She also provides advisory services for public asset management covering a range of issues including governance, strategic asset allocation, portfolio management and operational procedures.

From 1999 to 2008, she was Deputy and then Director (2003) of Market Operations at the BDF, overseeing monetary policy implementation and reserve management of foreign exchange and gold. From 2008 to 2018, she was Lead Financial Officer in the Treasury division of the World Bank, providing financial services, technical assistance and training to many central banks and global sovereign wealth funds.

Prior to this, she held managerial positions in supervising risks successively at the Bank for International Settlements (BIS) and at the BDF.

She was a member of several international European Committees including the European Central Bank and the International Monetary Fund. She has spoken at numerous conferences organised by public and private financial institutions and has published several articles on reserve management.

She graduated in Economics (PhD Core) at the University of Chicago (USA), in Business at HEC (Haut Enseignement Commercial, Paris) and in Law (Paris-I).