Charles H. Dallara (born 25 August 1948) is an American

banker A bank is a financial institution that accepts Deposit account, deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital m ...

and the former

managing director A chief executive officer (CEO), also known as a chief executive or managing director, is the top-ranking corporate officer charged with the management of an organization, usually a company or a nonprofit organization. CEOs find roles in variou ...

of the

Institute of International Finance The Institute of International Finance (IIF) is the association or trade group for the global financial services industry. It was created by 38 banks of leading industrialized countries in 1983 in response to the international debt crisis of the ...

Education

Dallara holds a B.A. in

economics Economics () is a behavioral science that studies the Production (economics), production, distribution (economics), distribution, and Consumption (economics), consumption of goods and services. Economics focuses on the behaviour and interac ...

from the

University of South Carolina The University of South Carolina (USC, SC, or Carolina) is a Public university, public research university in Columbia, South Carolina, United States. Founded in 1801 as South Carolina College, It is the flagship of the University of South Car ...

, Columbia, and two M.A. degrees and a Ph.D. from the

Fletcher School of Law and Diplomacy The Fletcher School of Law and Diplomacy is the graduate school of international affairs of Tufts University, in Medford, Massachusetts. Fletcher is one of America's oldest graduate schools of international relations. As of 2017, the student bo ...

Tufts University Tufts University is a private research university in Medford and Somerville, Massachusetts, United States, with additional facilities in Boston and Grafton, as well as Talloires, France. Tufts also has several Doctor of Physical Therapy p ...

.Charles Dallara biography
''

Bloomberg Businessweek ''Bloomberg Businessweek'', previously known as ''BusinessWeek'' (and before that ''Business Week'' and ''The Business Week''), is an American monthly business magazine published 12 times a year. The magazine debuted in New York City in Septembe ...

Career in banking

Dallara was managing director of the Institute of International Finance, Inc. from 1993 to 2013. He oversaw the growth of the institute from its roots as an informal group of predominantly US and Japanese commercial banks that negotiated Latin American

debt restructuring Debt restructuring is a process that allows a private or public company or a sovereign entity facing cash flow problems and financial distress to reduce and renegotiate its delinquent debts to improve or restore liquidity so that it can continu ...

s to a global trade association for 461 diverse financial firms, half of which are headquartered in emerging markets. Dallara led the IIF in its prominent role during the

European sovereign debt crisis The euro area crisis, often also referred to as the eurozone crisis, European debt crisis, or European sovereign debt crisis, was a multi-year debt crisis and financial crisis in the European Union (EU) from 2009 until, in Greece, 2018. The ...

, including the private sector involvement (PSI) agreement reached between European countries and financial organisations on the one hand and the Greek government on the other, "the biggest sovereign restructuring in history". He was previously managing director at J.P. Morgan & Co. from June 1991 to July 1993, after working as head of Morgan's investment and commercial banking business in Eastern Europe and the former

Soviet Union The Union of Soviet Socialist Republics. (USSR), commonly known as the Soviet Union, was a List of former transcontinental countries#Since 1700, transcontinental country that spanned much of Eurasia from 1922 until Dissolution of the Soviet ...

, the

Middle East The Middle East (term originally coined in English language) is a geopolitical region encompassing the Arabian Peninsula, the Levant, Turkey, Egypt, Iran, and Iraq. The term came into widespread usage by the United Kingdom and western Eur ...

Africa Africa is the world's second-largest and second-most populous continent after Asia. At about 30.3 million km2 (11.7 million square miles) including adjacent islands, it covers 20% of Earth's land area and 6% of its total surfac ...

and

India India, officially the Republic of India, is a country in South Asia. It is the List of countries and dependencies by area, seventh-largest country by area; the List of countries by population (United Nations), most populous country since ...

. Dallara is currently an Advisory Partner of

Partners Group Partners Group Holding AG is a Swiss-based global private equity firm with US$152 billion in assets under management in private equity, private infrastructure, private real estate and private debt. The firm manages a broad range of funds, struct ...

and Chairman of Partners Group Board of Directors, USA.

Government and civil service appointments

Dallara held various positions in the

George H. W. Bush George Herbert Walker BushBefore the outcome of the 2000 United States presidential election, he was usually referred to simply as "George Bush" but became more commonly known as "George H. W. Bush", "Bush Senior," "Bush 41," and even "Bush th ...

and

Ronald Reagan Ronald Wilson Reagan (February 6, 1911 – June 5, 2004) was an American politician and actor who served as the 40th president of the United States from 1981 to 1989. He was a member of the Republican Party (United States), Republican Party a ...

administrations:

Assistant Secretary of the Treasury United States Assistant Secretary of the Treasury is one of several positions in the United States Department of the Treasury, serving under the United States Secretary of the Treasury. History According to the U.S. statute, there are eight Assis ...

for Policy Development and Senior Advisor for Policy to the Secretary of the Treasury (1988-1989); U.S. Executive Director of the

International Monetary Fund The International Monetary Fund (IMF) is a major financial agency of the United Nations, and an international financial institution funded by 191 member countries, with headquarters in Washington, D.C. It is regarded as the global lender of las ...

(1984-1989), and concurrently as Senior Deputy Assistant Secretary of the

Treasury A treasury is either *A government department related to finance and taxation, a finance ministry; in a business context, corporate treasury. *A place or location where treasure, such as currency or precious items are kept. These can be ...

for International Economic Policy (1985-1988); Deputy Assistant Secretary of the Treasury for International Monetary Affairs (1983-1985); and U.S. Alternate Executive Director at the IMF (1982-1983).

Other appointments

Dallara is a member of the

Council on Foreign Relations The Council on Foreign Relations (CFR) is an American think tank focused on Foreign policy of the United States, U.S. foreign policy and international relations. Founded in 1921, it is an independent and nonpartisan 501(c)(3) nonprofit organi ...

and serves on the international advisory board of the '' Instituto de Empresa'' graduate business school in

Madrid Madrid ( ; ) is the capital and List of largest cities in Spain, most populous municipality of Spain. It has almost 3.5 million inhabitants and a Madrid metropolitan area, metropolitan area population of approximately 7 million. It i ...

Spain Spain, or the Kingdom of Spain, is a country in Southern Europe, Southern and Western Europe with territories in North Africa. Featuring the Punta de Tarifa, southernmost point of continental Europe, it is the largest country in Southern Eur ...

. He is a member of the board of overseers of the

and an executive board member of the

Bertelsmann Foundation The Bertelsmann Stiftung is an independent foundation under private law, based in Gütersloh, Germany. It was founded in 1977 by Reinhard Mohn as the result of social, corporate and fiscal considerations. The foundation states that it prom ...

office in Washington, D.C. Dallara is a member of the board of directors of the Private Export Funding Corporation (PEFCO), an American company whose shareholders include commercial banks, industrial companies and financial services companies and which facilitates American exports by purchasing the debt obligations of importers of American goods.Chalres Dallara biography
U.S.-China Economic and Security Review Commission website

References

External links

Charles Dallara, formerly Managing Director of the IIF, to Vice Chairman, Partners Group
Baar-Zug, 21 January 2013 press release.
Official website
of the

Official website
of the Private Export Funding Corporation *Larry Kudlow
"An Interview with Charles Dallara"
''

National Review ''National Review'' is an American conservative editorial magazine, focusing on news and commentary pieces on political, social, and cultural affairs. The magazine was founded by William F. Buckley Jr. in 1955. Its editor-in-chief is Rich L ...

'', 28 October 2011. {{DEFAULTSORT:Dallara, Charles 1948 births Living people American bankers American financiers University of South Carolina alumni The Fletcher School at Tufts University alumni JPMorgan Chase people George H. W. Bush administration personnel Reagan administration personnel United States assistant secretaries of the treasury International Monetary Fund people American officials of the United Nations