Josef Zechner is Senior Professor of Finance and Investments at WU (Vienna University of Economics and Business) and speaker of the PhD program Vienna Graduate School of Finance (VGSF). Before joining the WU, he was Professor of Finance at the University of Vienna and at the University of British Columbia, Canada. His research covers a broad range of topics in the areas of corporate finance, banking and asset management and is published in leading finance and economics journals such as the Journal of Finance, the Journal of Financial Economics, the Journal of Political Economy and the Review of Financial Studies. He is currently chair and past president of the European Finance Association (EFA), the German Finance Association (DGF), the Western Finance Association (WFA) and Vice President of the Society for Financial Studies (SFS). He was Managing Editor of the Review of Finance (joint with Marco Pagano) from 2003 to 2012. He is also fellow of the Finance Theory Group and was a member of the Advisory Scientific Committee (ASC) of the European Systemic Risk Board (ESRB) of the European Central Bank (ECB) until 2009. He is also a Research Fellow of the Centre for Economic Policy Research (CEPR). Prof. Zechner has consulted for various financial institutions. He is also a founding partner and a member of the scientific board of IQAM Invest, an Austrian Asset Management Company.