Professor Carol Alexander

Professor Carol Alexander is Chair of Risk Management at the ICMA Centre, Henley Business School at Reading. She holds degrees from the University of Sussex (BSc First Class, Mathematics with Experimental Psychology; PhD Algebraic Number Theory) and the London School of Economics (MSc Econometrics and Mathematical Economics). She joined the ICMA centre in 1999. She has an Honorary Professorship at the Academy of Economic Studies in Bucharest, Romania.

Carol has held the following positions in financial institutions: Fixed Income Trader at UBS/Phillips and Drew (UK); Academic Director of Algorithmics (Canada); Director of Nikko Global Holdings and Head of Market Risk Modeling (UK); Risk Research Advisor, SAS (USA); Board member and Chair of Academic Advisory Council, PRMIA (Professional Risk Manager's International Association). She frequently acts as a consultant specializing in risk and portfolio management software design and expert witnessing, and as a keynote speaker for international conferences on mathematics and finance.

She publishes widely on a broad range of topics, including: volatility theory; option pricing and hedging; trading volatility; hedging with futures; alternative investments; random orthogonal matrix simulation; game theory and real options. She has written and edited numerous books in mathematics and finance and published extensively in top-ranked international journals.

Professor Alexander is most well known for her contributions to the financial risk management profession, where she has been a world leader for more than decade. Her recent four-volume textbook on Market Risk Analysis (Wileys, 2008) is the definitive guide to the subject.