Professor Sascha Steffen New Head of ZEW Research Department "International Finance and Financial Management"

Professor Sascha Steffen (37) takes office as new head of the "International Finance and Financial Management" Research Department at the Mannheim Centre for European Economic Research (ZEW). His primary research interests lie in the areas of European banking regulation and financial market stability, credit risk, as well as financial intermediation. Sascha Steffen currently holds an associate professorship of finance at ESMT European School of Management and Technology in Berlin. The position as ZEW research unit head also includes a professorship at the University of Mannheim, Business School, which he will assume as of January 1, 2016.

The research areas at ZEW and the University of Mannheim are familiar territory for Professor Steffen. After two years as an assistant professor of banking and finance at the University of Mannheim (2009-2011), he was appointed to ESMT in 2012.

Steffen completed research stays at the Stern School of Business at New York University, United States, from 2008 to 2009, and again in 2013. He has published his research results in distinguished academic journals, including the "Journal of Finance", "Journal of Financial Economics", and "Review of Financial Studies". Sascha Steffen studied business administration at Goethe University in Frankfurt from 2000 to 2004, where he also obtained his doctoral degree with a "summa cum laude" work in the area of finance. As a student he spent some time at the Wharton School at the University of Pennsylvania in the United States.

"ZEW has gained a financial market expert with an extraordinary research performance and an excellent academic reputation. He will strengthen the institute's "International Finance" Research Department, in particular through his international network", says Thomas Kohl, ZEW's Director of Business and Administration.

In view of his new position at ZEW, Sascha Steffen says: "I am looking forward to the challenges ahead and the vibrant research environment at ZEW."

For further information please contact

Professor Sascha Steffen, Phone +49(0)621/1235-140, E-mail: steffen@zew.de