JILLIAN FORNITO EXECUTIVE DIRECTOR
GIC’s ability to convene top global experts really shone throughout 2024. We strengthened our ties with partners in Europe and the Caribbean, held our 13th gathering in the Tetons, and led our 3rd delegation trip to Cuba, this year adding an extension to the UNESCO World Heritage Site in Trinidad.
Our College of Central Bankers continues to expand for a total of 25 Fellows, and a milestone moment came in partnering with Bloomberg for the first-ever gathering of our Fellows at the twoday CCB Symposium in December.
Looking ahead, as we prepare for GIC’s 50th Anniversary in 2026, we will deepen our commitment to fostering meaningful dialogue and continue to offer our Members firsthand insight into the everchanging economic landscape.
WILLIAM KENNEDY OUTGOING BOARD CHAIR
2024 marked significant expansion for GIC through strengthened partnerships and new collaborations. Our twelve-year partnership with Banque de France continued to anchor international economic dialogue. At the same time, our sold-out College of Central Bankers symposium in New York demonstrated growing demand for GIC’s convenings.
In addition to strengthening existing partnerships, we made major strides in development. This year, we welcomed two new corporate sponsors, Boston Consulting Group and Mill Creek Capital, further securing dedicated sponsorships to expand GIC’s mission. We also completed a long-overdue redevelopment of our Membership Platform, enhancing the value we offer Members and reinforcing the foundation for GIC’s future.
I want to thank our Directors and extraordinary staff for their unwavering dedication to GIC’s mission. We extend special appreciation to David Kotok for his many years of service as both Director and Program Chair – his leadership has left a lasting impact on our organization. We also welcome the incoming Board Chair, Holly Wade. Her exceptional leadership and invaluable insights will be instrumental as GIC continues to evolve, and we wish her every success in her new role.
COLLEGE OF CENTRAL BANKERS
The College of Central Bankers was established in 2018 to provide a platform for former leaders of the world’s central banks and similar institutions to provide thought leadership on critical global economic issues.
The 25 CCB Fellows, representing 15 countries, contribute to the global economic discourse by exploring and discussing the conduct of central banking, the global economic outlook, and central bank policy goals and challenges for the future. Our CCB Fellows share their valuable insights without the guardrails of an active policymaker, making the CCB a dynamic forum for authentic dialogue.
2024 INDUCTEES
Loretta J. Mester Ph.D., Former President and CEO of the Federal Reserve Bank of Cleveland
Esther L. George, Former President and CEO of the Federal Reserve Bank of Kansas City
2018-2023 INDUCTEES
Zeti Aziz, Ph.D., Former Governor of the Bank Negara Malaysia
David Blanchflower, CBE, Former Member of the Monetary Policy Committee of the Bank of England
Jose De Gregorio, Ph.D., Former President of the Central Bank of Chile
Charles Evans, Ph.D., Former President and CEO of the Federal Reserve Bank of Chicago
Roger Ferguson, Ph.D., Former Vice Chairman of the Board of Governors of the U.S. Federal Reserve System
Jacob A. Frenkel, Ph.D., Former Governor of the Bank of Israel
José Manuel González Páramo, Ph.D., Former Member of the Executive Board of the European Central Bank
Thomas Hoenig, Ph.D,. Former President and CEO of the Federal Reserve Bank of Kansas City
Patrick Honohan, Ph.D., Former Governor of Central Bank of Ireland
Jeffrey Lacker, Ph.D., Former President & CEO of the Federal Reserve Bank of Richmond
Dennis Lockhart, Former President & CEO of the Federal Reserve Bank of Atlanta
Mustapha K. Nabli, Former Governor of the Central Bank of Tunisia
Christian Noyer, Honorary Governor of the Banque de France
Athanasios Orphanides, Ph.D., Former Governor of the Central Bank of Cyprus
Charles Plosser, Ph.D., Former President & CEO of the Federal Reserve Bank of Philadelphia
William Poole, Ph.D., Former President & CEO of the Federal Reserve Bank of St. Louis
Alfonso Prat-Gay, Former Governor of the Central Bank of Argentina
Anthony Santomero, Ph.D., Former President and CEO of the Federal Reserve Bank of Philadelphia
Masaaki Shirakawa, Former Governor of the Bank of Japan
Zdeněk Tůma, Former Governor of the Czech National Bank
Axel A. Weber, Ph.D., Former President of the Deutsche Bundesbank
DeLisle Worrell, Ph.D., Former Governor of the Central Bank of Barbados
Katarzyna Zajdel-Kurowska, Former Member of the Management Board of the National Bank of Poland
ADVISORY BOARD
Kathleen Stephansen, Vice Chair of the College of Central Bankers, GIC Chair Emerita, Senior Economist for Haver Analytics, and Trustee of EQAT Trust Funds
David E. Altig, Ph.D., Executive Vice President and Director of Research, Federal Reserve Bank of Atlanta
Michael Drury, GIC Board Member and Chief Economist for McVean Trading & Investments, LLC
J. Paul Horne, GIC Board Member and Active Independent International Market Economist
William Kennedy, GIC Board Chair and CEO, RiskBridge Advisors, LLC
David Kotok, GIC Board Member and CoFounder and Chief Investment Officer of Cumberland Advisors
Michael McKee, International Economics and Policy Correspondent for Bloomberg Television and Radio
Don Rissmiller, GIC Board Member and Founding Partner and Chief Economist of Strategas
Jeremy Siegel, Ph.D., Russell E. Palmer Professor of Finance at the Wharton School of the University of Pennsylvania
Herb Taylor, Ph.D., Secretary of the Federal Advisory Council
I appreciate the idea to establish the College of Central Bankers within GIC. It is always inspiring to meet colleagues from central banks and discuss topical issues of monetary policy. I am honored that I can participate in this club of distinguished economists.
– Zdeněk Tůma, Former Governor of the Central Bank of the Czech Republic
The College of Central Bankers has been of great value to me to follow up on international monetary and financial issues and developments. The high quality of the members and of the events makes it a great way to stay engaged on those current events and issues.”
– Mustapha Nabli, Former Governor of the Central Bank of Tunisia
The remarkable success of the College of Central Bankers reflects the international respect earned by the Global Interdependence Center since its founding in 1976. The CCB’s Fellows, all of whom presided over the world’s leading central banks, are an extraordinary source of wisdom on monetary policy, which is critically important today.”
– J. Paul Horne, International Market Economist and CCB Advisory Board Member
I am most honored to join my colleagues in the central banking community to further the discussions on the important issues that continue to confront the world economies. Significant transformative changes have brought unimaginable new challenges, and this platform provides an opportunity for a meaningful engagement on these pressing issues.”
– Dr. Zeti Aziz, Former Governor of the Bank Negara Malaysia
