Avinash D. Persaud, former nonresident senior fellow at the Peterson Institute, is professor emeritus of Gresham College and nonexecutive chairman of Elara Capital Plc. Persaud holds a number of nonexecutive board positions. He was formerly senior executive at J. P. Morgan, UBS, State Street Corporation, and GAM London Ltd. His research focuses on exchange rate policy, financial market crises and regulation, and economic growth and the obstacles to growth. He is author or coauthor of "Pure Contagion and Investors Shifting Risk Appetite" (International Finance, 2002), Sending the Herd Off the Cliff Edge (Institute of International Finance, Bank for International Settlements Papers, 2000), The Fundamental Principles of Financial Regulation (ICMB-CEPR Geneva Report, 2009), "The Knowledge Gap" (Foreign Affairs, 2001), "The Locus of Financial Regulation, Home versus Host" (International Affairs 86, 2010), "Redesigning Regulation of Pensions and Financial Products" (Oxford Review of Economic Policy 22, 2006), "Regulation, Valuation and Systemic Liquidity" (Banque de France Financial Stability Review 12, 2008), Implications for Liquidity from Innovation and Transparency in the European Bond Market (European Central Bank Occasional Paper 50, 2006), and Credit Derivatives, Insurance Companies and Liquidity Black Holes (Geneva Papers on Risk and Regulation 300–312, 2004).
Persaud was formerly governor of the London School of Economics, chairman of the regulatory subcommittee of the UN Commission on Financial Reform, chairman of the Warwick Commission, member of the UK Treasury's Audit and Risk Committee, and member of the Pew Task Force to the US Senate Banking Committee during legislation of the Dodd-Frank Act. He was a visiting scholar at the International Monetary Fund and the European Central Bank and distinguished advisor for the Financial Sector Law Reform Commission of India. He was elected director of the Global Association of Risk Professionals and the Royal Economics Society. He was the 2010 president of the British Science Association (Section F). He won the Jacques de Larosière Award in Global Finance from the Institute of International Finance, an Amex Bank Review Prize, and was voted one of the top three public intellectuals in the world on the financial crisis by a panel for Prospect Magazine.