Washington, D.C. – The Institute of International Finance today announced that Jessica Renier has been named Managing Director of the Digital Finance Department effective January 1, 2022, based in Washington, D.C. In this role, Renier will focus on topics related to data management and cloud computing, ‘RiskTech’ (adoption of innovations to improve risk management, including RegTech), artificial intelligence and machine learning, digital identity, digital assets and Central Bank Digital Currencies, distributed ledger technology, new entrants and competition, and cybersecurity.
“As COVID-19 has transformed the way we do business, the work of our Digital Finance team has become more important than ever. The financial services industry is in the midst of digital transformation on a huge scale, and it’s critical that we continue to support the industry in this evolution,” said Clay Lowery, IIF’s executive vice president for research and policy. “Jessica brings substantial leadership in both the public and private sectors to this role, and we look forward to having her join us to lead our work in this space.”
”I am thrilled to be joining the IIF, particularly in the face of such a transformative time for the financial services industry,” said Renier. “Working with the industry as it navigates this inflection point in digital finance is an important strategic objective for the IIF and I am excited to steward the department’s efforts to shape digital finance policy.”
Renier brings an extensive background in financial services and digital finance to the position, with broad exposure to international policy and leadership experience in civilian and military roles, including positions at the U.S. Department of the Treasury, Deloitte Consulting, Federal Reserve Banks of New York and Dallas, J.P. Morgan Securities and the Hoover Institution. Notably, Renier brings expertise across both financial stability and illicit finance considerations of innovative financial technologies. Most recently, she served as Program Associate Director for the Housing, Treasury, and Commerce Departments, as well as the Small Business Administration, within the White House’s Office of Management and Budget.
Renier holds an M.B.A. from Stanford University’s Graduate School of Business, an M.A. in Defense and Strategic Studies from the U.S. Naval War College, and a B.A. in Economics, Communication and Spanish from Trinity University in San Antonio, Texas. She is a term member of the Council on Foreign Relations and an Officer in the U.S. Navy Reserve.
About the Institute of International Finance (IIF)
The Institute of International Finance (IIF) is the global association of the financial industry, with more than 400 members from more than 65 countries. Its mission is to support the financial industry in the prudent management of risks; to develop sound industry practices; and to advocate for regulatory, financial and economic policies that are in the broad interests of its members and foster global financial stability and sustainable economic growth. IIF members include commercial and investment banks, asset managers, insurance companies, sovereign wealth funds, hedge funds, central banks and development banks. To learn more about IIF, please visit www.iif.com, follow us on Twitter, LinkedIn or YouTube, or check out IIF’s podcasts.