Washington, D.C., January 31, 2014 - The Institute of International Finance today announced that Dr. Bejoy Das Gupta has been promoted to Chief Economist for Asia. In that role, Das Gupta will be responsible for managing the IIF's economic analysis for the region.

"sia will play an increasingly larger role in the global financial system, and IIF remains committed to providing expert analysis of the region," said Tim Adams, IIF president and CEO. "Bejoy's expertise and contacts throughout Asia will continue to be a vital asset to IIF's members as he takes on this enhanced leadership role."

In addition to Das Gupta's promotion, IIF also plans on hiring a Director for Asia/Pacific who will manage all IIF activities in the region.

Das Gupta has been with IIF for over twenty years focusing on analysis of emerging markets in Asia, including economic policies, capital flows, financial markets and the banking sector.

Das Gupta previously served as Deputy Director of Asia/Pacific. In that capacity, Das Gupta directed country missions and was responsible for developing and managing key contacts with senior officials and bankers in the region. He also prepared regional reports and contributions to IIF's Capital Flows Report and Global Economic Monitor.

"Bejoy's depth and breadth of experience with emerging economies in Asia will allow IIF to continue providing expert analysis of macroeconomic and financial sector trends throughout the region," said Charles Collyns, managing director and chief economist at IIF.

Das Gupta will also continue to contribute to IIF's Emerging Market Advisory Council. EMAC works directly with IIF's Board of Directors to integrate more effectively Emerging Market members into IIF's programs and to help ensure their views are fully considered in the course of IIF's work.

In addition to his responsibilities at IIF, Das Gupta serves as an Adjunct Professor at the Maxwell School of Syracuse University's Washington Program.

Das Gupta received his Doctoral and Master's degrees in International Economics from the University of Oxford and his Bachelor of Science in Economics from the London School of Economics. He lives in Washington, D.C. with his wife and two children.

The Institute of International Finance (IIF) is a global association of more than 470 financial institutions. Its mission is to support the financial industry in the prudent management of risks, including sovereign risk; the development of sound industry practices and standards; and the advocacy of regulatory, financial and economic policies that are in the broad interests of its members and global financial stability. Within its membership the IIF counts leading global banks, insurers, pension funds, asset managers and sovereign wealth funds, as well as leading law firms and consultancies. More information about the Institute of International Finance is available at www.iif.com.