Alumni Profiles

Michaela Erbenová is Division Chief of the Financial Supervision and Regulation Division (FR) at the International Monetary Fund in Washington, DC. Previously she was Deputy Division Chief of the Financial Sector Oversight Division at the IMF. She joined CERGE-EI's first cohort in 1991 and defended her thesis, titled "Essays on Disequilibria in Early Transition" in 1997. Prior to joining CERGE-EI, she received her Master’s degree Mathematical Methods in Economics at Moscow State University.

Before defending her thesis, she spent a year in Paris working as a consultant to the OECD. In 1996, she returned to Prague to serve as an adviser to the then Prime Minister, Václav Klaus, and subsequently as head of advisors to the Minister of Finance and member of the Government Steering Committee for bank privatization. She subsequently held various managerial posts at Komerční banka in Prague, including as a Director of its Investor Relations section. Between 2000 and 2006, she served as Member of the Board and Chief Executive Director at the Czech National Bank (ČNB). During her mandate she was the Czech Representative on International Relations Committee and Banking Supervision Committee of the European Central Bank and a Member of the Core Principles Liaison Group, a sub-committee of the Basel Committee on Banking Supervision. Before joining the IMF in 2007, she was a manager in the Prague office of A.T. Kearney. She lectured at the Institute for Economic Studies (IES-FSV) at Charles University between 1997 and 2007.