The Milken Institute Tuesday announced the appointment of William Lee as Executive Director and Chief Economist, with responsibility for analyzing U.S. and global macroeconomic developments and policy risks.
Prior to joining the Milken Institute, Lee was Managing Director and Head of North America Economics at Citibank’s Institutional Clients Group in New York, a statement said. Earlier in his career, he spent 19 years at the International Monetary Fund in a variety of roles in Washington, D.C., Asia and Europe, and was senior economist and division chief of the financial markets division at the Federal Reserve Bank of New York.
From its founding 25 years ago, the Milken Institute has focused on broadening access to capital, creating jobs and ensuring financial stability, the statement said. Lee’s knowledge of, and experience in the capital markets and with funding and regulatory organizations make him ideally suited to support the Institute’s mission, it said.
As Chief Economist, Lee will help shape the Institute’s recommendations for changes to capital market practices and policies that have restrained economic growth.
“Bill’s experience will be invaluable for developing and communicating our views on how markets may react to monetary policy, tax and regulatory reform, fiscal stimulus, and rising geopolitical uncertainty,” said Richard Ditizio, the Milken Institute’s President and Chief Operating Officer. “Lee has arrived at the right time to expand the Institute’s analysis into issues that may threaten the soundness and integrity of global markets and institutions.”
—City News Service