BOE’s Bailey, Western Union CEO Part of Davos Panel on Digital Currencies

Bank of England Governor Andrew Bailey and Western Union CEO Hikmet Ersek will be part of a World Economic Forum (WEF) panel discussion entitled “Resetting Digital Currencies” set for Jan. 25, the first day of the virtual Davos summit.

  • The session will focus on the diminishing role of cash and the emergence of central bank digital currencies (CBDCs), moves accelerated by the pandemic.
  • The other panelists are Sheila Warren, head of Blockchain and Data Policy at the WEF; BTC Africa S.A. CEO Elizabeth Rossiello; and North Island Ventures CEO Glenn H. Hutchins.
  • On Thursday, a second “Resetting Digital Currencies” panel discussion will be held. That one will feature Michael Casey, chief content officer for CoinDesk (this news organization); Tharman Shanmugaratnam, senior minister, Government of Singapore; Sara Pantuliano, chief executive, Overseas Development Institute; and Zhu Min, National Institute of Financial Research.


Who is Dr.Zhu Min

Min Zhu is currently the Chairman of the National Institute of Financial Research at Tsinghua University, Vice Chairman of the China Center for International Economic Exchanges, and Sino-UK Professional and Financial Service Envoy for the Belt and Road Initiative. Dr. Zhu is also a member of the “14th Five-Year Plan” Expert Committee, a member of the Foreign Policy Advisory Committee of the Ministry of Foreign Affairs, a member of the Expert Advisory Committee of the State Internet Information Office, and a commissioner of the Lancet Global COVID-19 Commission. In addition, he is a Board Trustee of Fudan University, the World Economic Forum, and the Peterson Institute for International Economics.

Dr. Zhu was a Deputy Managing Director at the IMF from July 2011 to July 2016. Before that, he was a Deputy Governor of the People’s Bank of China, and, prior to his service at China’s Central Bank, he served as a Group Executive Vice President of the Bank of China. Dr. Zhu also worked at the World Bank and taught economics at both Johns Hopkins University and Fudan University.

Dr. Zhu received his PhD and Master of Arts in Economics from Johns Hopkins University, a Master of Public Administration from the Woodrow Wilson School of Public International Affairs at Princeton University, and a Bachelor of Arts in Economics from Fudan University. Dr. Zhu was a Board Trustee of Princeton University, and an International Council Member of the Booth School of Chicago University. He was awarded Distinguish Alumnus of Fudan University and Johns Hopkins University.

He has also won a number of awards including being named “China Economic Leader” in 2014, “Global Influential Chinese” in 2015, “CFV-10-Year Global Financial Leader” in 2016, and “China Scholar of the Year” in 2018. In 2019, Dr. Zhu was shortlisted in the list of 40 returnees in the 40 years of China’s reform and opening up and the list of 70 returnees in the 70 years since the founding of the People’s Republic of China.


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