Scientific
leadership.

Prof. Dr. Jerome Kreuser is a quantitative finance researcher specializing in dynamic stochastic optimization, asset–liability management, sovereign risk management, and artificial intelligence applications in financial decision-making. He is the Founder and CEO of RisKontroller Global LLC, where he develops institutional frameworks for portfolio optimization, enterprise risk management, and financial analytics for central banks, sovereign wealth funds, multilateral institutions, and global financial organizations.

Dr. Kreuser spent two decades at the World Bank, where he founded the Quantitative Analysis Consulting Group and developed advanced portfolio optimization and asset–liability management systems for the Treasury Department. He contributed quantitative modeling to multiple World Development Reports and helped pioneer dynamic stochastic optimization methods for sovereign financial management.

His research has extended to financial bubbles, reinsurance optimization, and stochastic portfolio design through collaborations with ETH Zürich, Professor Didier Sornette, and leading practitioners in quantitative finance. He has advised and lectured for central banks and international institutions throughout Europe, Asia, Latin America, and the Middle East on advanced risk management and optimization methodologies.

Dr. Kreuser holds a Ph.D. in Optimization and Numerical Analysis and a master’s degree in mathematical Analysis from the University of Wisconsin. He has served as Adjunct Professor at George Washington University, University of Illinois, and as Senior Researcher at ETH Zürich. His current research, conducted with Dr. Lester Seigel and Ramasastry Ambarish, focuses on new mathematical frameworks for risk compression, portfolio hedging, and the introduction of chirality into finance.

Founder-supplied biography · 29 July 2026

Dr. Lester Seigel is a financial engineer, economist, and former theoretical physicist whose career has bridged advanced mathematics, quantitative finance, and international capital markets. He served as Head of Financial Engineering at the World Bank, where he developed the World Bank’s Currency Swap Program and headed the World Bank's Swap Department for about three years from its origin, and established quantitative financial engineering programs for sovereign institutions and central banks.

Dr. Seigel received a B.S. in Mathematics from the Massachusetts Institute of Technology and a Ph.D. in Statistical Mechanics from Columbia University, following graduate work in theoretical and mathematical physics. Before joining the World Bank, he founded a venture capital firm and worked in Corporate Finance at Bear Stearns, where his activities included underwriting, private placements, venture capital, and leveraged buyouts.

Throughout his career, Dr. Seigel has pursued the application of rigorous mathematical methods to finance. At the World Bank, he developed the Financial Technical Assistance Program for developing economies, lectured extensively in mathematical finance to economists at the World Bank and IMF, established advanced lecture series featuring Nobel Laureates in the Sciences, and served concurrently as an Adjunct Professor of Finance at Georgetown University.

His current research continues to explore the mathematical foundations of finance, integrating ideas from statistical physics, stochastic processes, and financial economics to develop new theoretical frameworks for capital markets and risk analysis. The work presented in this publication represents the latest stage of that continuing research program.

Founder-supplied biography

Director and Chairperson, Board of Governors, MYRA School of Business

Dr. Ramasastry Ambarish has several decades of experience in Indian private and public equity markets. He founded and managed Vasishta Fund, an FII fund to invest in Indian public markets, between 2003 and 2008. He has been associated, in different capacities, with several PE funds. He is currently a member of the Advisory Board and Investment Committee at OAKS Asset Management. He was previously (2010 – 2018) on the Advisory Board of Gaja Capital. He was (2012 – 2019) Managing Director of RA & Son Pvt. Ltd., an investment advisory firm in Singapore.

He has over three decades of experience in global financial markets and securities industries. His previous experience includes stints as Vice President with the Global Markets Group of Citibank and as a Principal Financial Officer at the World Bank, Washington D.C. He has advised many large institutional investors, including pension funds, treasuries and central banks around the globe on investment and risk management strategies.

He is also an Independent Director on the board of Xpheno, a specialist staffing company. He is on the Board of Directors of Cyberverse Foundation, Pratyagra Foundation, AppPoint Software Solutions, and Vigyanlabs Innovations Private Limited. He is also a member of IIMPACT, a non-profit organization engaged in providing access to quality primary education to little girls all over India, especially in the remote villages and tribal areas of India.

He has served as a faculty member at several business schools including the Stern School of Business (NYU), McGill University (Montreal), the University of Wisconsin (Madison), and Georgetown University (Washington D.C).

He holds a Ph.D. in Finance from the Stern School of Business (NYU), a PGDM from IIM Ahmedabad, a B.E. (Electrical Technology & Electronics) from IISc (Bangalore), and a B.Sc. (Physics & Mathematics) from the University of Mysore, India.

Founder-supplied biography · appointments subject to final confirmation