Suresh Sundaresan Columbia University

Suresh Sundaresan is the Chase Manhattan Bank Foundation Professor of Financial Institutions at Columbia University. He has published in the areas of Treasury auctions, bidding, default risk, habit formation, term structure of interest rates, asset pricing, investment theory, pension asset allocation, swaps, options, forwards, futures, fixed-income securities markets and risk management. He is an associate editor of Journal of Finance and Review of Derivatives Research. His current research focus is on default risk and how it affects asset pricing and sovereign debt securities. Prior to this He worked as a senior strategist at Lehman Brothers and has consulted full time for Morgan Stanley Asset Management. His consulting work focuses on term structure models, swap pricing models, credit risk models, valuation, and risk management. He has conducted training programs for leading investment banks including, Goldman Sachs, Morgan Stanley, CSFB and Lehman Brothers. He has served on the Treasury Bond Markets Advisory Committee. Recently, he has been working on micro-lending with a view to characterizing defaults, recovery rates, and interest rates in micro-loans. The research attempts to characterize the efforts that are needed to lower the borrowing rates. Suresh holds a PhD and M.S. in Finance from the Graduate School of Industrial Administration, Carnegie-Mellon University, a PGDM from IIM Calcutta and a B.E. (Honours) in Mechanical Engineering from University of Madras.