Prof. Zvi Wiener

Zvi Wiener is the Sanger Family Chair in Banking and Risk Management at Hebrew University Business School. He is a finance expert with an extensive track record in risk management, financial engineering, investments, and valuations of complex financial instruments.

Wiener has developed key methodologies that are widely used in financial markets, including a risk management model used by several major Israeli institutional investors; and analytical, binomial, and Monte Carlo-type models used by many Israeli and international firms. Additionally, he created analytical models for valuation of employee stock options, margin models for trading rooms, pension consulting models for banks and insurance companies, and valuation models for complex derivatives and structures.

Prof. Wiener served as dean of the Hebrew University Business School between 2016-2020. Previously; and he was head of the Finance Department and academic director of the Executive MBA program in Finance at the Business School. In addition, he is a founder of the Professional Risk Managers International Association (PRMIA, www.prmia.org), a non-profit professional association with tens of thousands of members worldwide. He founded and served as co-chair of PRMIA’s global Education and Standards Committee, and currently serves as regional director of PRMIA in Israel.

Wiener has published in many academic journals, including Journal of Finance, Review of Financial Studies, Journal of Fixed Income, Journal of Money, Credit, and Banking, Journal of Corporate Finance, Journal of Banking and Finance, Journal of Applied Finance, Review of Derivatives Research, Games and Economic Behavior, Journal of Derivatives, Journal of Risk and Uncertainty, Financial Management, and many others. In addition, he has published and edited books on financial instruments and contingent claims analysis in corporate finance.

Prof. Wiener has continuously been ranked among the top 10% of researchers by SSRN (Social Sciences Research Network). He won the Teva Prize and PRMIA Award for Outstanding Service and Leadership. Zvi was a recipient of the Alon, VATAT, and Rothschild Fellowships. He has received several Israeli, European, and American research grants, including five grants from the Israeli Science Foundation.

In addition to his academic experience, Prof. Wiener has developed methodologies and models that have been implemented by the Bank of Israel, the Israeli Finance Ministry, and the Israeli Securities Authority. He has presented fintech developments to a United Nations special committee, and served on the Investment Committee at the Bank of Israel Foreign Reserves. He wrote expert opinions that have played a key role in many court cases, including magistrate, district, and High Court cases in Israel; and legal and regulatory procedures in Israel and abroad.

Prof. Wiener earned his Ph.D. from the Weizmann Institute of Science. He teaches the courses Investment Fund Management, and Innovation in Fintech