Joannas Didier

Moorad Choudhry is a vice-president in structured finance services with JPMorgan in London. He started his City career in 1989 at the London Stock Exchange, before joining the sterling eurobond desk at Hoare Govett Securities Limited. He was later employed as a gilt-edged market-maker and treasury trader at ABN Amro Hoare Govett Sterling Bonds Limited. From there he moved to Hambros Bank Limited, where he set up and ran the Treasury division's sterling proprietary trading desk. He also worked as a strategy and risk management consultant to some of the world's leading investment banks, before joining JPMorgan in 2000. Moorad has an MA in econometrics from Reading University and an MBA from Henley Management College. He has lectured at London Guildhall University, and is a Senior Fellow at the Centre for Mathematical Trading and Finance, City University Business School.

Didier Joannas is a regional director with SunGard Trading and Risk Systems in Hong Kong. He was previously employed as a quantitative analyst and arbitrage trader on the gilt-edged market-making desk at ABN Amro Hoare Govett Sterling Bonds Limited and ABN Amro Securities (UK) Limited. He obtained his doctorate in applied mathematics and aerodynamics at the University of St Etienne in France before joining Avions Marcel Dassault, the company behind such projects as the Ariane space rocket and the Rafale supersonic jet fighter. He then worked for Viel & Cie bond option brokers in Paris before joining ABN Amro Hoare Govett Sterling Bonds Limited in London in 1994.

Richard Pereira is a member of the credit derivatives and securitization team at Dresdner Kleinwort Wasserstein in London. He obtained a first-class degree in mathematics from Imperial College, University of London, before training as a Chartered Accountant. He then worked as a management consultant specializing in market and credit risk, and has been involved in advisory work at a number of investment banks. Richard joined Dresdner Kleinwort Wasserstein in 2001.

Rod Pienaar works as a business analyst with Deutsche Bank in London, as part of a project group providing systems analysis to the corporate and investment banking division. Rod obtained his undergraduate degree in business and commerce at the University of Witwatersrand in Johannesburg before training as a Chartered Accountant. He then moved to London where he worked as a management consultant specializing in market risk analysis, before joining Deutsche Bank in 2000.