Speaker biographies

Timothy D. Adams is managing director of The Lindsey Group.  Previously, Mr. Adams served as under secretary of Treasury for International Affairs.  As under secretary, Mr. Adams was the Administration’s point person on international financial issues, including exchange rate policy, G-7 meetings, and IMF and World Bank issues.  He regularly interacted with counterparts in key emerging markets including China, India, and Brazil and traveled extensively throughout Asia, the Middle East, and Europe. Prior to assuming his post as under secretary, Mr. Adams had served as chief of staff to both Treasury Secretary Paul O’Neill and Treasury Secretary John Snow.  He was policy director for the Bush-Cheney re-election campaign from November 2003 through the end of 2004 and also served as a full time member of the Bush-Cheney campaign staff in Austin in the 2000 campaign.  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 G-7 Group, a Washington-based advisory firm. He later headed their Washington operation as managing director.

Andrew Crockett is President of JPMorgan Chase International, and an Executive Committee member of JPMorgan Chase & Co. Before joining JPMorgan Chase, Mr. Crockett had been General Manager (CEO) of the Bank for International Settlements ("The Central Banks' Bank"), serving two five-year terms. At the request of the G- 7 Finance Ministers, he also served from 1999-2003 as the first Chairman of the Financial Stability Forum, a group of senior financial officials from the major economies that monitors the health of the International Financial System. Earlier in his career, Mr. Crockett had held senior positions at the Bank of England and the International Monetary Fund. Mr. Crockett has also served in the past as Chairman of Working Party 3 of the OECD, as Alternate Governor of the IMF for the United Kingdom, as a member of the Monetary Committee of the European Union, and as a Trustee of the International Accounting Standards Committee Foundation. He is currently a member of the Group of 30, a Trustee of the Center for Financial Stability in Argentina, Chairman of the Per Jacobsson Foundation, a member of the International Advisory Panel of the Monetary Authority of Singapore, a member of the International Council of the China Banking Regulatory Commission, a Director of the International Centre for Leadership in Finance (Malaysia), and a trustee of the American University of Beirut. Among honors received by Mr. Crockett are Honorary JD (University of Birmingham) European Banker of the year (2000), and Knight Bachelor (United Kingdom, 2003). He is the author of several books on economic and financial subjects, as well as numerous articles in scholarly publications.  Born in Glasgow in 1943, Mr. Crockett was educated at Cambridge and Yale universities.

Desmond Lachman is a resident fellow at AEI whose research focuses on global currencies, major emerging market economies, and the role of the multilateral lending institutions. He writes extensively on topics such as economic policy, fund arrangements, monetary reform, import restrictions, and exchange rates. Before joining AEI, he was a managing director and chief emerging market economic strategist at Salomon Smith Barney. Previously, he was deputy director in the Policy Development and Review Department at the International Monetary Fund.

Allan H. Meltzer is a visiting scholar at AEI and the Allan H. Meltzer University Professor of Political Economy at Carnegie Mellon University. He served as the honorary adviser to the Institute for Monetary and Economic Studies of the Bank of Japan from 1986 to 2002.  He was a member of the President's Economic Policy Advisory Board during the Reagan administration. He has been an acting member of the President's Council of Economic Advisers and a consultant to the U.S. Treasury and to the Board of Governors of the Federal Reserve System. In 1999 and 2000, he served as the chairman of the International Financial Institution Advisory Commission, which was appointed by Congress to review the role of these institutions. The author of several books and numerous papers on economic theory and policy, he is also a founder of the Shadow Open Market Committee. In 2002, he was elected a distinguished fellow of the American Economic Association. He received the first annual Irving Kristol Award and delivered the Irving Kristol Lecture at AEI’s annual dinner in February 2003.

Edwin M. Truman, senior fellow at the Petersen Institute of International Economics since 2001, served as assistant secretary of the US Treasury for International Affairs from December 1998 to January 2001. He directed the Division of International Finance of the Board of Governors of the Federal Reserve System from 1977 to 1998. From 1983 to 1998, he was one of three economists on the staff of the Federal Open Market Committee. Truman has been a member of numerous international groups working on economic and financial issues, including the Financial Stability Forum’s Working Group on Highly Leveraged Institutions (1999–2000), G-22 Working Party on Transparency and Accountability (1998), G-10-sponsored Working Party on Financial Stability in Emerging Market Economies (1996–97), G-10 Working Group on the Resolution of Sovereign Liquidity Crises (1995–96), and G-7 Working Group on Exchange Market Intervention (1982–83). He has published on international monetary economics, international debt problems, economic development, and European economic integration. He is the author, coauthor, or editor of Reforming the IMF for the 21st Century (2006), A Strategy for IMF Reform (2006), Chasing Dirty Money: The Fight Against Money Laundering (2004), and Inflation Targeting in the World Economy (2003).

J. Onno de Beaufort Wijnholds has served since January 2003, as the European Central Bank's permanent representative in Washington, D.C. with observer status at the International Monetary Fund (IMF). Previously Mr. de Beaufort Wijnholds was an Executive Director of the IMF and he held several senior positions at the Netherlands Central Bank.

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