Dr. Zhiwu Chen, Professor of Finance, Yale School of Management, and a Visiting Professor, Tsinghua University. He is Chief Advisor to Permal Group. He is also on the board of directors at PetroChina, Bank of Communications, and Lord Abbett China Fund Management. Dr. Chen is on the International Advisory Board of the China Securities Regulatory Commission (CSRC), the Board of Trustees of the Yale-China Association, the 12th Five-Year Plan Advisory Commission to the Beijing Municipal Government, and a Chief Academic Advisor to the 10-episode CCTV documentary series, “Wall Street”.
Professor Chen is an influential and widely-read economist in China. He is an expert on finance theory, capital markets, and China's economy and financial markets. Dr. Chen is a frequent contributor to top economics and finance journals with research papers ranging from securities valuation to capital market development, to the impact of financial markets on society and culture, and economic policy topics. In the last ten years, Dr. Chen has been actively doing research on market development and institution-building issues in the context of China's transition process and other emerging markets. What institutions are necessary for markets to develop? What roles do financial innovations play in a country's economic development process? These are among the issues which Dr. Chen's research focuses on.
Dr. Chen's work has been featured in The Wall Street Journal, The New York Times, The Boston Globe, Barron's, Far-Eastern Economic Review, and many newspapers and magazines in Hong Kong and China. His voice is often heard through his columns, interviews and writings in the Chinese media, including TV, radio, and print media. His book, The Logic of Finance (2009), has been among the best sellers in China since September 2009 and has received more than 25 different book awards in China and Hong Kong. He has published four other books in Chinese, Why Are the Chinese Industrious and yet not Rich? (2008), Irrational Overconfidence (2008), How is Wealth Created? (2005), and Media, Law and Markets (2005).
In its 2012 'G20 Influencers' report, Burson-Marsteller lists Dr. Chen as one of the top ten political influencers in China. In 2006, Wall Street Wire listed Dr. Chen as one of the ten most influential economists in China. Dr. Chen received the Pacesetter Research Award at Ohio State University in 1999, the Merton Miller Prize in 1994, and the Chicago Board Options Exchange Competitive Research Award in 1994.
Dr. Chen previously served on the Expert Advisory Board for the formation of the China Investment Corporation in 2007, and on the board of directors at both Jiayuan.com International (a NASDAQ listed company) from May 2011 to April 2012 and China Eagle Securities Corp. from 2002 to 2005. He was co-founder and partner of ZEBRA Capital Management from 2001 to March 2011, and co-chairman of ValuEngine Inc. from 1997 to 2004.
Dr. Chen received from Yale University a Ph.D. Financial Economics in December 1990 and M.Phil. and M.A. in Financial Economics, May 1990. He received an M.S. in Systems Analysis from Changsha Institute of Technology, China in1986. He went to the Central-South University of Technology, China, and graduated from there with a B.S. degree in Computer Science in1983.