Hung Q. Tran is Executive Managing Director at the Institute of International Finance. Before assuming these responsibilities assisting the CEO in the overall management of the IIF on December 1, 2009, he was Counsellor and Senior Director, Capital Markets and Emerging Markets Policy. In this role he was responsible for the Institute’s emerging market policy work as well as global capital market analysis. Prior to his work at the IIF, Mr. Tran served for six years at the International Monetary Fund as Deputy Director, Monetary and Capital Markets Department, where his responsibilities included the overall management of the Fund’s semi-annual Global Financial Stability Report. He also served from 1998 to 2001 in London as the Managing Director, Chief Economist/Global Head of Research for Rabobank International. He had spent the prior 12 years with Deutsche Bank with assignments in New York, Frankfurt and Singapore including serving as Director of Global Fixed Income Research from 1987-1990 and as Co- Managing Director of Deutsche Bank Research from 1991-1995. Earlier in his career he had worked in international fixed income research for Merrill Lynch and Salomon Brothers in New York.