The 2007 global financial crisis (GFC) rocked world economies, consumer wealth and investor confidence. Dr. Kentaro Asai, newly appointed lecturer at CBE’s Research School of Finance, Actuarial Studies and Statistics (RSFAS), remembers it as time of “sudden” and “drastic change.”
Working as an equity strategist and analyst in Japan when the GFC hit, Kentaro was at the forefront of the chaos. As a result, he became very interested in what factors impacted the crisis.
“I really felt that … one change in sentiment of stakeholders can effect financial outcomes, very drastically,” Kentaro said.
It was an observation that led Kentaro back to the University of Chicago in the United States, where he had already completed an undergraduate degree in Economics. Over the next five years, he completed both a Masters and PhD in Economics, in which he focused on the connectedness between banks and the government, and the impacts of this sometimes very intimate relationship.
At the conclusion of his studies, Dr. Asai set his sights on Australia and RSFAS. “I came here because I really liked the research environment in Australia,” he said. “There are a lot of opportunities for inter-disciplinary research … so that encourages me to do research which can cross-over many subjects.”
It’s exactly this collaborative environment that Dr. Asai is hoping to leverage in his future research. Dr. Asai will also be teaching Finance subjects through RSFAS in 2017.