Mr Tim Adams, Managing Director of The Lindsey Group, has been appointed to succeed Charles Dallara as IIF Managing Director. He will join the Institute on January 1, 2013 as Managing Director-Designate, and take up his new position on February 1.
Mr Adams, a former Under Secretary of the US Treasury for International Affairs, said: “I am delighted and honoured to assume this new role. The Institute of International Finance has, in its 30 years of existence, established itself as the leading global association of financial institutions. It has developed a key role in many areas of global finance, and I am confident is poised to expand that role over the coming years as we face a period of unprecedented change. I look forward to taking up the reins of this impressive organisation and to working with the global policy and regulatory communities.”
As Under Secretary of the US Treasury for International Affairs, Mr Adams was the Administration’s point person on international financial issues, including exchange rate policy, G7 meetings, and matters relating to the IMF and The World Bank. He regularly interacted with counterparts in key emerging markets, including Brazil, China and India, and travelled extensively throughout Asia, Europe and the Middle East. Prior to the post of Under Secretary, Mr Adams served as Chief of Staff to both Treasury Secretary Mr Paul O’Neill and Treasury Secretary Mr John Snow. Mr Adams also served in the White House under the first President Bush, at the Office of Policy Development. In 1993, Mr Adams co-founded the G7 Group, a Washington DC-based advisory firm, and later headed their Washington DC operation as Managing Director.
Press release
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