The Observatoire de la Finance is an internationally oriented foundation under Swiss law, supervised by the Federal Department of the Interior in Berne. The foundation is managed by a Board, which determines the Observatoire de la Finance’s general policy and draws up its budget.

 Les membres du Conseil

Paul-André Sanglard, president

Paul-André Sanglard is an economist. He began his career as Treasurer of the new Swiss canton of the Jura, then became a member of the World Economic Forum management team. Since 1989 he has been working as a company administrator. Among other posts in the financial sector, he is president of the Banque Cantonale du Jura and the Vaudoise Assurances insurance group, and a member of the board of directors of the Banque Cantonale Vaudoise.

Paul H. Dembinski

Paul H. Dembinski has been director of the Observatoire de la Finance ever since it was founded. He studied political science at the University of Geneva, where he obtained his doctorate in economics. In 1979 he began teaching at the University of Geneva, and later he was appointed professor in the Faculty of Economics and Social Sciences at Switzerland’s University of Fribourg. In 1989 he founded Eco’Diagnostic together with Alain Schoenenberger.

Andrew Hilton

A graduate of the University of Oxford and the Wharton School and holder of a PhD from the University of Pennsylvania, Andrew Hilton is director and co-founder of the London-based Centre for the Study of Financial Innovation, which was set up in 1993. The Centre analyses new international developments in the banking and financial services industry. Andrew Hilton is also director of a group of economic consultants serving official clients in the Middle East. He has previously worked for the Financial Times in New York and the World Bank in Washington DC.

Ernesto Rossi di Montelera

Ernesto Rossi di Montelera, whose background is in law, theology and philosophy, has held various positions within a family industrial group. As part of his cultural interests, he has also been chairman of the Centre Catholique d’Etudes in Geneva. Since he retired from business, Ernesto Rossi di Montelera has continued to support research into social and economic ethics.

Anthony Travis

Senior Partner of Cabinet Gainsbury & Consorts, Geneva, Anthony Travis was a former senior partner at PricewaterhouseCoopers SA in Geneva. He has worked extensively in Europe, Africa and the Middle East. A former Chairman of the British-Swiss Chamber of Commerce, he co-founded the Family Business Network (FBN) in Lausanne and served as a board member of the Geneva-based group of experts Le Réseau. Anthony Travis is also technical consultant on risk management in Islamic finance to the Islamic Financial Services Board (IFSB) in Kuala Lumpur.

Honorary member: Maurice Cosandey

Professor Maurice Cosandey, whose training is in civil engineering, was involved in the preparatory work that led to the establishment of the Observatoire de la Finance. His career has mainly been spent in university teaching. Formerly a professor of structural engineering at the University of Lausanne’s Institute of Technology (EPUL), he was subsequently appointed its director. When EPUL became the Lausanne Federal Institute of Technology, he was appointed chairman. He has also served as chairman of Switzerland’s Council of Federal Institutes of Technology.

Former members of the Board

The late Jean-Loup Dherse and Emilio Fontela were members of the Board of the Observatoire de la Finance. Jean-Loup Dherse was an administrator of various companies, ran various associations and was co-chairman of the Caux Round Table. Emilio Fontela was a special advisor to the European Commission and the author of many scientific texts on applied econometrics and in the field of economic and social forecasting.