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11 may 2011 | PR 11/53

Loughborough economics professor represents UK on new European Banking Authority

David Llewellyn

Loughborough University Economics Professor David Llewellyn has been named as one of five British representatives on the thirty-member Banking Stakeholder Group at the newly created European Banking Authority (EBA).

A leading academic and professional consultant in international banking regulation, Professor Llewellyn’s board-level appointment recognises the high calibre of banking and finance expertise at Loughborough University.

Set up in January 2011, the EBA has an EU-wide remit for ensuring a high and consistent standard of bank regulation and supervision. Its Banking Stakeholder Group has been tasked with monitoring and advising the EBA in all aspects of its work and assessing the impact of its regulatory standards guidelines and recommendations.

The Group is comprised of representatives of key stakeholders from across the EU, including banks, think tanks, trade unions and the academic community. Professor Llewellyn is one of six academics from across Europe included in the officially defined category of “Top Ranking Academics”.

Based at Loughborough University’s School of Business and Economics, Professor Llewellyn brings a wealth of academic and professional experience to the European Banking Authority. Having published widely in the area of financial regulation, he has been a regular consultant to regulatory agencies in several countries and, for several years, was a Public Interest Director of the Personal Investment Authority, which was one of the predecessor agencies of the Financial Services Authority. 

Professor Llewellyn said of his latest appointment: “Given the recent banking crisis suffered right across the world – not least in countries such as Ireland, the UK and Greece – it’s an honour to be involved in such a pivotal EU regulatory body tasked with the major challenge of giving Europe the strong banking regulation it needs at this time.”

−ENDS−

For all media enquiries contact:

Hannah Baldwin
Head of PR
Loughborough University
T: 01509 222239
E: H.E.Baldwin@lboro.ac.uk 

Notes for editors:

Loughborough is one of the country’s leading universities, with an international reputation for research that matters, excellence in teaching, strong links with industry, and unrivalled achievement in sport and its underpinning academic disciplines.

It was awarded the coveted Sunday Times University of the Year 2008-09 title, and is consistently ranked in the top twenty of UK universities in national newspaper league tables. In the 2010 National Student Survey, Loughborough was voted one of the top universities in the UK, and has topped the Times Higher Education league for the UK’s Best Student Experience every year since the poll's inception in 2006. In recognition of its contribution to the sector, the University has been awarded six Queen's Anniversary Prizes.

Loughborough is also the UK’s premier university for sport. It has perhaps the best integrated sports development environment in the world and is home to some of the country’s leading coaches, sports scientists and support staff. It also has the country’s largest concentration of world-class training facilities across a wide range of sports.

It is a member of the 1994 Group of 19 leading research-intensive universities. The Group was established in 1994 to promote excellence in university research and teaching. Each member undertakes diverse and high-quality research, while ensuring excellent levels of teaching and student experience.

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