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Bronwyn Curtis

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Bronwyn N. Curtis
Born
Bendigo, Victoria Australia
NationalityBritish & Australian
EducationBA (Hons) Economics (1969) Msc Economics (1974)
Alma materLa Trobe University (BA) & London School of Economics (Msc)
OccupationEconomist

Author Speaker

Advisory Board Member
AwardsOrder of the British Empire (OBE) Award (2008)
HonoursHonorary Doctorate - La Trobe University (2017)

Bronwyn Nanette Curtis OBE is a British Australian Economist who has an accomplished career in the Finance, Economics and Media sectors.[1] With over 30 years experience in various Executive and Non-Executive roles, Bronwyn has been involved in projects across European, Asian and Caribbean markets. Having worked for various banks and ascending into leadership roles, she has held positions such as the Head of Global Research at HSBC Bank,[2] Chief Economist at Nomura International, Managing Editor and Head of European Broadcast at Bloomberg LP and Senior Economist/Bond Strategist with Deutsche Bank Group.[1] Until recently, Bronwyn Curtis served as the Governor for the London School of Economics (LSE)[1] located in the United Kingdom which has been ranked in the top 10 universities in the UK and top 50 in global rankings.[3] In 2008, she received the OBE (Order of the British Empire) award for outstanding service to business economics and in 2017 received an honorary doctorate from her alma mater (La Trobe University).[1][4] Bronwyn currently serves on a number of committees and is frequently called upon to speak at various conferences on matters relating to trade and finance.[5]

Biography

Born and raised in Bendigo, Victoria in Australia, Bronwyn Nannette Schlotterlein (later married and became Bronwyn Curtis) went on to pursue ballet at the Australian Ballet School after getting her high school diploma.[6] She then left the ballet school and pursued a university education at La Trobe University in Australia where she received her undergraduate degree in Economics with Honours in 1969.[7] Curtis then moved to the UK to receive her Masters in Economics from the London School of Economics in 1974.[1] Curtis later married (is currently widowed) and has two children. Her hobbies include yacht racing/cruising and ballet.[6]

Career

Curtis has an expansive career in both Finance and Media and has held various positions with both executive and non-executive titles. After receiving her master's degree from LSE,[1] she worked as a consultant for the World Bank and the United Nations Conference on Trade and Development (UNCTAD).[5] Here she focused on projects situated in West Africa, Asia and the Caribbean.[8] In her early career,  she also held senior positions with Commodities Research Unit, Masterfoods (M&M Mars) and Gill & Duffus.

In 1987 Curtis took a position with Deutsche Bank Group and worked her way up to Global Head of Currency & Fixed Income Strategy in 1995. She then moved to Nomura International in 1996 as the Chief Economist. In 1999, she made a career shift into media by taking on the position of Head of European Broadcast and Managing Editor for Bloomberg LP.  In 2008, she moved into the financial sector again by taking a position with HSBC Bank place initially as the Head of Global Research, later being promoted to Senior Advisor for Global Banking and Markets as well as Executive Editor for Global Communications.

Some of the non-executive roles/ affiliations that Curtis has taken on include:

Known Affiliations [6][9]
Date Organization Position(s)
Pro Bono Economics Patron
2018 - UK Office of Budget Responsibility NED

Head of Audit Committee

2018 - Pershing Square Holdings
2015 - Mercator Media Ltd
2015 - Australian-UK Chamber of Commerce Board Member
2015 - Centre for Economic and Policy Research Trustee
2014 - The Scottish American Investment Company PLC
2013 - JP Morgan Asian Investment Trust PLC Chairman
2007 - 2008 Office of Fair Trading
2006 - 2013 Society of Business Economists Chairman
2006 - 2018 London School of Economics Council Member

Governor

Chairman CVCSC

2005 - 2015 National Institute for Economic and Social Research Steering Committee

Council

2003 Imperial College Business School Advisory Board
1998 - 2003 Economic and Social Research Council Council

Audit Committee

Selected literature

G8’s role in the new millennium: Ch 8 (1999) [10]

Bronwyn Curtis writes a chapter in Michael Hodges book on the role of the G8 (Group of Eight) in the new millennium where she focuses on 'Promoting Growth in the World Economy'. She starts off by looking historically at what has happened in financial markets that has encouraged political parties to legislate unpopular but needed policies for their economy. She derives that instances for change arrive out of necessity and are spurred on by crises of a large nature. In looking at how the political structures are set up in democracies, Curtis makes mention of the fact that because the effects of policies can take time for their effects to be realised in the economy, many politicians may operate on a 'short-term' basis where politics now plays an important role in whether a government will opt to place a policy in motion or not. She moves on to look at what has transpired in the US and UK markets mainly and categorises the pre-1980's as ruled by the boom and bust cycle in economics. This volatility in the market required the labour force to be flexible enough for people to move in accordance with the changes in the needs of the economy (i.e. the market). The 1990s introduced more stability in the cyclical movements of the markets and as a result, institutions became more reliable, which in turn according to Bronwyn Curtis, led the fluctuations in the market to be manipulated by changes in expectations. To tie this analysis to her topic, Curtis now makes the connection between changes in expectations impacting the market to the need for reliable policies. As an example, the case of the Bank of England stating independence from the government is introduced to look at how trust in the policies implemented by the bank and their commitment to said policies affected expectations and economic growth.

In a slight shift in topic, Bronwyn Curtis shifts her focus from trust in institutions to her thoughts on Euroland and the adoption of the European Central Bank (as well as the adoption of the Euro across participating nation states across Europe). She brings up the worry that having participating nations each operating at different economic speeds brings up a disconnect if the policies implemented by the European Central Bank are to be the same across board. What this means is that a country like Italy, who might operate best with higher interest rates will be working with a country like France who might benefit from low and stable interest rates. She also brings up the fact that a small number of member countries in Euroland account for 2/3 of the total GDP for Euroland and yet each country will have 1 vote in the council. This will in turn lead the larger countries to bail out smaller countries who are in need at the cost of their individual growth for the stability of the collective.

The 3 main conclusions from this chapter hold that first, the policies that are needed for economic growth and usually not easy for the governments in power to enforce and as such will need to be spurred on by changes in the financial markets that lead to unrest with the society. Second is that change is not undertaken voluntarily, and that similar to the first main point, a large enough crisis is necessary to spur on the demand for change. Lastly, that the way that the Economic and Monetary Union (EMU) in Europe has been designed, will eventually lead to tension between nation states and will eventually dissolve.

Publications

  • Bronwyn Curtis (Book) - Cocoa: A guide to trade practices - International Trade Centre, UNCTAD, WTO [11]
  • Bronwyn Curtis (Article)- A History Lesson For Today's Eurofederalists - WSJ [12]
  • Bronwyn Curtis (Article)- Asia's Trojan Gift for Europe - WSJ [13]
  • Bronwyn Curtis (Article) - Anti-Federalists And Euroskeptics - WSJ [14]
  • Bronwyn Curtis (Article) - Autumn Statement: An economist's view - Financial Times [15]
  • Bronwyn Curtis (Article) - Economists' views on the budget - Financial Times [16]
  • Bronwyn Curtis (Article) - Eurolessons for Washington [17]

Conferences and press coverage

  • Speaker and moderator at OECD 2004 Forum on 'Health of Nations' [18]
  • On panel of speakers for IATA event regarding the airline industry and global markets [19]
  • On panel of speakers at LSE on 'How the UK can improve productivity and still build their workforce' [20]
  • Appointed as Chief Economic Adviser of Official Monetary and Financial Institutions Forum (OMFIF) [21]
  • Featured in WSJ Article on 'U.K. Statistics Office's Report on GDP Fuels Pessimism About British Economy' [22]
  • Quoted in WSJ Article on
    • 'As Odds Improve for EMU, France May Vote the Course' [23]
    • 'Dollar Roars by Milestone And Traders Expect More' [24]
    • 'Traders Test Limits Of Dollar's Rebound' [25]
    • 'Investors Are Swiftly Flocking To the Safest Asset of All: Cash' [26]
  • Interviewed on BBC News [27][28]

Awards

References

  1. ^ a b c d e f g Science, London School of Economics and Political. "Bronwyn Curtis". London School of Economics and Political Science. Retrieved 2019-11-25.
  2. ^ MarketScreener. "Bronwyn Nanette Curtis - Biography". www.marketscreener.com. Retrieved 2019-11-25.
  3. ^ "Top Universities in the UK 2020". Top Universities. 2019-06-18. Retrieved 2019-11-25.
  4. ^ University, La Trobe. "Alumni profile". www.latrobe.edu.au. Retrieved 2019-11-26.
  5. ^ a b "Bronwyn Curtis". Expert Keynote and Motivational Speakers | Chartwell Speakers. Retrieved 2019-11-25.
  6. ^ a b c Bronwyn Curtis's Curriculum Vitae (CV)
  7. ^ a b University, La Trobe. "Alumni profile". www.latrobe.edu.au. Retrieved 2019-11-25.
  8. ^ "Bronwyn Curtis OBE". Office for Budget Responsibility. Retrieved 2019-11-25.
  9. ^ "Bronwyn Curtis". Pro Bono Economics. 2016-10-24. Retrieved 2019-11-26.
  10. ^ Hodges, Michael (1999). G8’s role in the new millennium. Routledge. pp. 119–132. ISBN 9781138350588.
  11. ^ Curtis, Bronwyn (2001). Cocoa - A guide to trade practices. Geneva: INTERNATIONAL TRADE CENTRE UNCTAD/WTO. ISBN 92-9137-163-7.
  12. ^ Curtis, Bronwyn (1998-05-07). "A History Lesson For Today's Eurofederalists". Wall Street Journal. ISSN 0099-9660. Retrieved 2019-11-26.
  13. ^ "Asia's Trojan Gift for Europe". Wall Street Journal. 1998-11-16. ISSN 0099-9660. Retrieved 2019-11-26.
  14. ^ Curtis, Bronwyn (1998-06-10). "Anti-Federalists And Euroskeptics". Wall Street Journal. ISSN 0099-9660. Retrieved 2019-11-26.
  15. ^ "Subscribe to read". Financial Times. Retrieved 2019-11-26. {{cite web}}: Cite uses generic title (help)
  16. ^ Curtis, Bronwyn (2016-03-16). "Economists' views on the Budget: Bronwyn Curtis". The Financial Times Limited.
  17. ^ Curtis, Bronwyn (February 20, 1998). "Eurolessons for washington". Journal of Commerce and Commercial. 415.
  18. ^ "OECD Forum - Organisation for Economic Co-operation and Development". www.oecd.org. Retrieved 2019-11-26.
  19. ^ IATA. "CEO Insight Debate". www.iata.org. Retrieved 2019-11-26.
  20. ^ How Can the UK Improve Productivity and Still Build the Workforce?, retrieved 2019-11-26
  21. ^ "All About Shipping". Retrieved 2019-11-26.
  22. ^ Journal, Helene CooperStaff Reporter of The Wall Street (1998-11-23). "U.K. Statistics Office's Report on GDP Fuels Pessimism About British Economy". Wall Street Journal. ISSN 0099-9660. Retrieved 2019-11-26.
  23. ^ Journal, Nicholas BrayStaff Reporter of The Wall Street (1997-05-26). "As Odds Improve for EMU, France May Vote the Course". Wall Street Journal. ISSN 0099-9660. Retrieved 2019-11-26.
  24. ^ Journal, Michael R. SesitStaff Reporter of The Wall Street (1998-06-09). "Dollar Roars by Milestone And Traders Expect More". Wall Street Journal. ISSN 0099-9660. Retrieved 2019-11-26.
  25. ^ Journal, Michael R. SesitStaff Reporter of The Wall Street (1998-06-25). "Traders Test Limits Of Dollar's Rebound". Wall Street Journal. ISSN 0099-9660. Retrieved 2019-11-26.
  26. ^ Journal, Silvia AscarelliStaff Reporter of The Wall Street (1998-10-12). "Investors Are Swiftly Flocking To the Safest Asset of All: Cash". Wall Street Journal. ISSN 0099-9660. Retrieved 2019-11-26.
  27. ^ BBC NEWS Bronwyn Curtis - 2011, retrieved 2019-11-26
  28. ^ "James Lyons and Bronwyn Curtis review Wednesday's papers". BBC News. Retrieved 2019-11-26.
  29. ^ Bronwyn Curtis OBE on receiving her honorary doctorate, retrieved 2019-11-26
  30. ^ "LBS alumni receiving the Distinguished Alumni Award". Business Newsroom. 2018-10-29. Retrieved 2019-11-26.
  31. ^ Krouse, Sarah. "FN100 Influential Women dinner". www.fnlondon.com. Retrieved 2019-11-26.