Mohamed El-Erian

Mohamed Abdullah El-Erian (Arabic: محمد العريان, romanized: Muḥammad al-ʿAryān; born August 19, 1958) is an Egyptian-American economist and businessman.

He is President of Queens' College, Cambridge, and chief economic adviser at Allianz, the corporate parent of PIMCO where he was CEO and co-chief investment officer (2007–14).

He was chair of President Obama's Global Development Council (2012–17),[1] and is a columnist for Bloomberg View,[2] and a contributing editor to the Financial Times.

[5] Named for four years in a row as one of Foreign Policy's "Top 100 Global Thinkers," he has written two New York Times Best Sellers, including, The Only Game in Town: Central Banks, Instability, and Avoiding the Next Collapse published in January 2016 by Random House.

On July 1, 2019, El-Erian was appointed Senior Global Fellow at The Lauder Institute and part-time Professor of Practice at The Wharton School.

[13] El-Erian has served on the boards of trustees of several educational institutions, including Pegasus, St. Margaret School, Cambridge in America and KAUST.

[citation needed] After his studies at Oxbridge, El-Erian settled in the US in 1983, taking a position at the International Monetary Fund in Washington, D.C., where he rose to become deputy director.

As co-CIO with PIMCO co-founder Bill H. Gross, El-Erian oversaw investment policies and strategies for all the company's portfolio management activities.

[16] On January 21, 2014, El-Erian resigned from PIMCO effective March of that year, stating he decided to leave after receiving a letter from his daughter outlining important events in her life that he missed.

[32][33][34] In December 2012, Marketwatch named him one of "30 leaders who will set the agenda in 2013" – the publication's annual list of the people who will shape economic currents in the coming year.

The award recognizes outstanding leadership in international economic and financial policy, melding creativity and vision with expertise to promote global prosperity.

[citation needed] His philanthropic efforts over the years have emphasized education and health, including major gifts to the Children's Cancer Hospital in Egypt as well as the University of Cambridge and Queens' College.

[citation needed] El-Erian is a widely recognized thought leader and is credited with developing the post-global financial crisis concept of the "New Normal".

[44] Having first come up with the concept in January 2009 and after discussions with PIMCO, he wrote about it in May 2009[45][46] and presented it in several forums, including as the 2010 Per Jacobsson Foundation Lecture in Washington D.C.[47] He has published numerous articles and commentaries on topics related to the New Normal, the sovereign debt crisis in Europe,[48][49] the transformative changes occurring in the Middle East,[50][51] and other matters related to the global economy, policy and markets.

[52][53] El-Erian has spoken at many universities, public institutions and other organizations, including the University of California, Irvine, the New York Public Library, the University of Southern California, Cambridge, Oxford, the Newport Beach Public Library, the BIS, CFA Society of Chicago, HSBC, Barclays Bank, the UK Parliament’s House of Lords, SALT, Rand Merchant Bank, Marcus Evans, Mortgage Bankers Association, Insurance Bureau of Canada, World 50, and the 92nd Street Y.

In November 2013, he delivered the luncheon speech at the IMF's Annual Research Conference that also featured Ben Bernanke, Olivier Blanchard, Stanley Fischer, Ken Rogoff, and Larry Summers.

[58] He has also spoken before the Economic Club of Canada, Soka University, ProBono Economics, Boston Security Analysts, Rabobank, Citadel, ETF, National Rural Utilities Cooperative, Cisco, BTG Pactual, Euromoney, NMS, Mortgage Bankers Association, CME, Rabobank, the Global Financial Forum and many others.

[63] On July 1, 2019, El-Erian was appointed Senior Global Fellow at The Lauder Institute and Part-Time Professor of Practice at The Wharton School.

Mohamed A. El-Erian with Ambassador Richard Grenell and Matt Lashey, 4th of July 2018 in Berlin