Jean-Charles Rochet is a former student of Ecole Normale Supérieure (Paris) and holds a Ph.D.in Mathematical Economics from Paris-Dauphine University. His dissertation won the Arconati-Visconti award. He has taught in Paris, London,(B.P. visiting professor, London School of Economics, 2001-02), and Toulouse (1988-2011). He is now SFI Professor of Banking in the Banking and Finance Institute at Zürich University. Rochet has visited many universities and central banks all over the world. He is a Fellow of the Econometric Society since 1995 and has been elected Vice President for 2011 (and will become President in 2012). He has also been council member of European Economic Association, and associate editor of Econometrica. He has written more than 60 articles in international scientific journals and 7 books , including "Microeconomics of Banking" (with X. FREIXAS), MIT Press, 'When Insurers Go Bust" (with G. PLANTIN), Princeton UP, "Why are there so Many banking Crises?", Princeton UP and "Risk Management in Turbulent Times" (with G.BENEPLANC), Oxford UP. His research interests include financial stability, payments economics, industrial organization of financial markets, risk management, contract theory, and solvency regulations for financial institutions.