Professor Richard A. Werner, MA, D.Phil. (Oxon), is an LSE and Oxford-educated economist, university professor of banking and economics, authorised investment adviser and economic adviser to governments.

Richard was the first Shimomura Fellow at the Development Bank of Japan in Tokyo in 1991, chief economist of Jardine Fleming Securities (Asia) Ltd. in Tokyo, member of the Asset Allocation Committee of TelWel, a $6.2bn Japanese corporate pension fund, as Senior Managing Director and Senior Portfolio Manager at Bear Stearns Asset Management Ltd. managing the Bear Stearns Global Alpha Fund in London, as director of a Paris-based large company and chair of the audit committee of a London Stock Exchange-listed international corporation with more than 5000 staff. Richard has advised numerous institutional and government clients, including US state pension funds, financial institutions, the Asian Development Bank, the Japanese Ministry of Finance, the Thai government and parliamentarians in numerous number of countries.

From 2010 to 2020 he was a member of the ECB Shadow Council. Since 2010 he has been involved in planning and establishing community banks.

In 1995 he proposed a new policy to end banking crises which he called ‘Quantitative Easing’. His book ‘Princes of the Yen’, on central banking, was a bestseller in Japan. In it he warned of the coming credit bubbles, banking crises and recessions.