Natacha Valla (born January 1, 1976) is a French economist and Dean of the

Sciences Po Sciences Po () or Sciences Po Paris, also known as the Paris Institute of Political Studies (), is a public research university located in Paris, France, that holds the status of ''grande école'' and the legal status of . The university's unde ...

School of Management and Innovation. She was Deputy Director General for monetary policy at the

European Central Bank The European Central Bank (ECB) is the central component of the Eurosystem and the European System of Central Banks (ESCB) as well as one of seven institutions of the European Union. It is one of the world's Big Four (banking)#International ...

from May 2018 to January 2020. She is also chair of the SUERF, European Money and Finance forum, editorial board.

Background and education

Valla was born in

Marseille Marseille (; ; see #Name, below) is a city in southern France, the Prefectures in France, prefecture of the Departments of France, department of Bouches-du-Rhône and of the Provence-Alpes-Côte d'Azur Regions of France, region. Situated in the ...

, France. When she was six, her family moved to

Gabon Gabon ( ; ), officially the Gabonese Republic (), is a country on the Atlantic coast of Central Africa, on the equator, bordered by Equatorial Guinea to the northwest, Cameroon to the north, the Republic of the Congo to the east and south, and ...

for her father's career, who was an engineer at

EDF EDF may refer to: Organisations * Eclaireurs de France, a French Scouting association * Électricité de France, a French energy company ** EDF Energy, their British subsidiary ** EDF Luminus, their Belgian subsidiary * Environmental Defense Fund, ...

. After graduating from high school in

Lyon Lyon (Franco-Provençal: ''Liyon'') is a city in France. It is located at the confluence of the rivers Rhône and Saône, to the northwest of the French Alps, southeast of Paris, north of Marseille, southwest of Geneva, Switzerland, north ...

, she was enrolled in a literary Higher School Preparatory Class in the

Lycée du Parc The Lycée du Parc is a public secondary school located in the sixth ''arrondissement'' of Lyon, France. Its name comes from the Parc de la Tête d'Or, one of Europe's largest urban parks, which is situated nearby. It provides a ''lycée''-level ...

. She holds a master's degree from

Georgetown University Georgetown University is a private university, private Jesuit research university in Washington, D.C., United States. Founded by Bishop John Carroll (archbishop of Baltimore), John Carroll in 1789, it is the oldest Catholic higher education, Ca ...

. She is also a graduate from the

European University Institute The European University Institute (EUI) is an international postgraduate and post-doctoral research-intensive university and an intergovernmental organisation with juridical personality, established by its founding member states to contribu ...

, where she completed her PhD thesis titled ''Learning and distribution in monetary economics.''

Career

Valla started her career as an economist at the European Central Bank in 2001. In 2008, Valla was appointed executive director at

Goldman Sachs The Goldman Sachs Group, Inc. ( ) is an American multinational investment bank and financial services company. Founded in 1869, Goldman Sachs is headquartered in Lower Manhattan in New York City, with regional headquarters in many internationa ...

Global Economic Research, focusing on the study of the eurozone. From 2014 to 2016, she was deputy director of

Centre d'Etudes Prospectives et d'Informations Internationales The Centre d'Études Prospectives et d'Informations Internationales (), generally referred to by its acronym CEPII, is a French institute for research in international economics. It is government-funded and part of the Office of the Prime Ministe ...

(CEPII), the main French think tank in international economy according to the

World Economic Forum The World Economic Forum (WEF) is an international non-governmental organization, international advocacy non-governmental organization and think tank, based in Cologny, Canton of Geneva, Switzerland. It was founded on 24 January 1971 by German ...

, before joining the

European Investment Bank The European Investment Bank (EIB) is the European Union's investment bank and is owned by the 27 member states. It is the largest multilateral financial institution in the world. The EIB finances and invests both through equity and debt sol ...

in 2016 as head of Policy Strategy division. During this period, she was also a permanent member of the

Conseil d'Analyse Économique Conseil may refer to: Government * Conseil d'État (disambiguation), various governments or governmental organizations * Conseil des Etats, the smaller chamber of the Federal Assembly of Switzerland * Conseil de l'Entente, a West African regional ...

, part of the scientific committee of the

French Prudential Supervision and Resolution Authority The French Prudential Supervision and Resolution Authority (, ACPR), formerly known as Prudential Supervision Authority (, ACP), is a financial regulatory authority within the Bank of France, which exercises prudential supervision of regulated Fr ...

(ACPR), the French banking regulatory body. She was appointed Deputy Director General of the European Central Bank in 2018.

Academic career

Valla has published research on numerous subjects in the field of international finance, monetary and applied macro-economics. She was a fellow at the

Paris School of Economics The Paris School of Economics (PSE; French: ''École d'économie de Paris'') is a French research institute in the field of economics. It offers MPhil, MSc, and PhD level programmes in various fields of theoretical and applied economics, incl ...

and a member of the French

Société d'Economie Politique Groupe Lactalis S.A. (doing business as Lactalis) is a French multinational dairy products corporation, owned by the Besnier family and based in Laval, Mayenne, France. The company's former name was Besnier S.A. Lactalis is the largest dairy pr ...

. She is also co-author of a textbook of financial macroeconomics and has taught at the

University of Florence The University of Florence ( Italian: ''Università degli Studi di Firenze'') (in acronym UNIFI) is an Italian public research university located in Florence, Italy. It comprises 12 schools and has around 50,000 students enrolled. History The f ...

, the

University of Paris Dauphine Paris Dauphine University - PSL () is a Grande École and public institution of higher education and research based in Paris, France, constituent college of PSL University. As of 2022, Dauphine has 9,400 students in 8 fields of study (law, economi ...

, HEC and

. She currently teaches at

New York University New York University (NYU) is a private university, private research university in New York City, New York, United States. Chartered in 1831 by the New York State Legislature, NYU was founded in 1832 by Albert Gallatin as a Nondenominational ...

in Abu Dhabi.

Other activities

Corporate boards

* Wakam, Observer on the Board of Directors (since 2021) *

LVMH LVMH Moët Hennessy Louis Vuitton SE (), commonly known as LVMH, is a French multinational holding company and conglomerate that specializes in luxury goods and has its headquarters in Paris, France. The company was formed in 1987 through the ...

, Member of the Board of Directors (since 2016) *

AccorHotels Accor S.A. is a French multinational hospitality company that owns, manages and franchises hotels, resorts and vacation properties. It is the largest hospitality company in Europe, and the sixth largest hospitality company worldwide. Accor ope ...

, Member of the Board of Directors (since 2016) * Autoroutes SA, Member of the Board of Directors *

SCOR SE SCOR SE is a France, French tier 1 reinsurance company providing Property and Casualty (P&C) and Life reinsurance. It is one of the leading reinsurers in the world. Created in 1970 with the backing of the French government, its original name was ...

, Member of the Board of Directors

Non-profit organizations

Arte Arte (, , ; ' ('), sometimes stylised in lowercase or uppercase in its logo) is a European Union, European public service Television channel, channel dedicated to culture. It is made up of three separate companies: the Strasbourg-based Europea ...

, Member of the Programme Advisory Committee *

Institut Montaigne Institut Montaigne is a think tank based in Paris, France, founded in 2000. Institut Montaigne makes public policy recommendations to advance its agenda, which broadly reflects that of the large French companies that fund it. It contracts experts ...

, Member of the Board of Directors *

Official Monetary and Financial Institutions Forum The Official Monetary and Financial Institutions Forum (OMFIF) is an independent think tank organization concerned with central banking, economic policy, and public investment. OMFIF was co-founded in 2010 by David Marsh, who has subsequently s ...

(OMFIF), Member of the Advisory Council

Awards

In 2000, Valla was awarded the SCE Prize in Computational Economics for her graduate research. In 2018, Valla was recipient of the French National Order of Merit.

Personal life

Valla is the mother of two sons.

References

{{DEFAULTSORT:Valla, Natacha 1976 births Living people 21st-century French economists French women economists Academic staff of New York University Abu Dhabi Writers from Marseille Recipients of the Ordre national du Mérite Goldman Sachs people