Thierry Philipponnat
Chief Economist
Thierry Philipponnat serves as Chief Economist at Finance Watch.
After graduating from Institut d’Etudes Politiques de Paris and training as an economist (Master’s degree in economics), Thierry Philipponnat started a career in finance in 1985, holding different positions in commercial and investment banking, working successively for BFCE, O’Connor & Associates, Exane, UBS Ltd and BNP Paribas. In 2004 he was appointed global head of equity derivatives of Euronext.liffe and a member of the executive committees of Euronext in Paris and LIFFE in London.
After leaving the finance industry, Thierry crossed into the NGO world, campaigning and lobbying on behalf of Amnesty International, with a particular emphasis on corporate social responsibility and on the impact of the financial sector on human rights. He was later elected as an Executive Board member of Amnesty International France.
In 2011, he co-founded the European NGO Finance Watch in Brussels, which he managed as its first Secretary General until 2014. Subsequently, he became Chairman of the French Sustainable Investment Forum (FIR), a Board member of the European Sustainable Investment Forum (EUROSIF) and Director of the economic think tank Institut Friedland.
Thierry Philipponnat was a member of the Board of the French Financial Markets Authority (AMF) between 2013 and 2022 where he chaired the Climate and Sustainable Finance Commission and the Market consultative Commission, and a member of the Sanctions Committee of the French Banks and Insurance Companies Supervisor (ACPR), of its Scientific Committee and of its Climate and Sustainable Finance Commission between 2015 and 2024.
He was also a member of the European Commission’s first Platform on sustainable finance between 2020 and 2022. He is a member of EFRAG’s Sustainability Reporting Board.
Thierry is the author of several books and numerous articles on finance, financial regulation, sustainable finance, socially responsible investment and corporate social responsibility.
In October 2019, Finance Watch appointed Thierry Philipponnat as Head of Research and Advocacy. In January 2022, he was appointed Chief Economist.
Policy Areas
- Digital Finance
- Public Finance
- Retail & Inclusion
- Stability & Supervision
- Sustainable Finance
Areas of expertise:
- Banking
- Economics
- Financial markets
- Financial stability
- Sustainable finance
Contact Information
Finance Watch
Rue des Colonies 56 box 3 - 1000 Brussels - Belgium
Participated in these publications
Sustainable Finance
19/01/2024
Response to the EC consultation on the implementation of SFDR
Sustainable Finance
31/10/2023
Report – Finance in a hot house world
Sustainable Finance
17/05/2023
Policy brief – Regulating ESG ratings to strengthen sustainable investors
Sustainable Finance
09/08/2022
Letter to the ISSB on its proposals for International Sustainability Reporting Standards
Sustainable Finance
30/06/2022
Report – The Problem Lies in the Net: Making Finance contribute to a Net Zero Economy
Stability & Supervision
31/03/2022
Finalising Basel III to serve the European economy (ECON Hearing on the Basel III “Finalisation Package”)
Stability & Supervision
22/03/2022
Assessing risk properly is key to enable insurance companies to invest for the long term and to tackle climate risk (ECON Hearing on Solvency II and IRRD)
Sustainable Finance
16/11/2021
Insurance Sector and Climate-Related Financial Risks: Response to the FIO
Sustainable Finance
04/05/2021
Letter to EU policymakers to close ‘climate-finance doom loop’ through CRR, Solvency II upgrades
Stability & Supervision
16/02/2021
Tackling non-performing loans in the aftermath of the Covid-19 pandemic
Stability & Supervision
01/02/2021
Response to EU Commission on review of Alternative Investment Fund Managers Directive (AIFMD)
Public Finance
02/10/2020
10 Principles for a Sustainable Recovery
Sustainable Finance
17/07/2020
Response to the consultation on the Renewed Sustainable Finance Strategy
Public Finance
13/07/2020
Policy brief: Debt sustainability and a sustainable Covid recovery
Sustainable Finance
12/06/2020
Consultation response on the revision of the non-financial reporting directive (NFRD)
Sustainable Finance
08/06/2020
Report – Breaking the climate-finance doom loop
Stability & Supervision
07/01/2020
Consultation response on implementing the final BASEL III reforms in the EU
Stability & Supervision
11/12/2019
How can safer banks hurt the EU economy?
Stability & Supervision
26/11/2019
Consultation response on EBA’s proposals for a STS framework for synthetic securitisation
Stability & Supervision
15/11/2019
Three reforms to strengthen the Banking Union and the euro area
Stability & Supervision
18/03/2014
Speech at ECON hearing on TTIP and Financial Services Regulation
Stability & Supervision
12/12/2012
Open letter to Pierre Moscovici on French banking reform
Stability & Supervision
29/10/2012
Bank structures and Banking Union: Presentation at Finethikon
Stability & Supervision
28/11/2011
Speech to EESC at hearing on civil society and financial regulation
Stability & Supervision
12/10/2011
ECON Committee evidence on CRD4
Participated in these articles
Stability & Supervision
22/03/2023
A Reaction to the Banking Crisis: Reinforce international prudential and resolution rules
Stability & Supervision
28/03/2022
Prudential regulation should not be instrumentalised to distort the banking competitive landscape
Stability & Supervision
15/03/2022
Climate change: Are markets ready to finance the energy transition?
Stability & Supervision
15/02/2021
Bail out people, not banks
Stability & Supervision
06/04/2020
Should we close financial markets?
Stability & Supervision
06/04/2020
Monitoring derivatives trading books in the current context of financial markets turmoil
Stability & Supervision
06/04/2020
About the decisions taken by European bank regulators and supervisors in the face of the coronavirus crisis
Stability & Supervision
06/04/2020
From a health crisis to financial turmoil: Supervisors must make sure finance does not backfire
Stability & Supervision
14/04/2017
Book presentation: Le capital de l’abondance à l’utilité
Policy Areas
- Digital Finance
- Public Finance
- Retail & Inclusion
- Stability & Supervision
- Sustainable Finance
Areas of expertise:
- Banking
- Economics
- Financial markets
- Financial stability
- Sustainable finance
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