UCL Institute of Finance & Technology


Industrial Team

Our team of industrial professors bring real-word experience to the teaching on our programmes

Budha Bhattacharya

Budha Bhattacharya, an IFT Industrial Professor
Budha is an Industrial Professor at IFT. He has worked in Capital Markets for almost twenty years, having held key positions at tier-one investment banks such as UBS as an Executive Director, Goldman Sachs, JPMorgan, and Bank of America Merrill Lynch, as well as for KPMG.

He currently works as Chief Product Officer of ESG IQ, KPMG's flagship ESG Big Data analytics platform, developed by data scientists and engineers in conjunction with Google. ESG IQ ingests and analyses ESG and Climate-related enormous structured datasets from multiple sources and millions of unstructured data points to assess several asset classes, enabling firms to understand the drivers behind their ESG standings. Budha's doctoral research at UCL's Institute of Finance and Technology focuses on big data-driven ESG analytics, NLP models, and sustainable finance. He pursued his EMBA from INSEAD and other advanced degrees in Finance and Economics from the University of Exeter and London Business School.

Email: budha.bhattacharya.18@ucl.ac.uk 

Cagatay Bircan

Cagatay Bircan, an IFT Industrial Professor
Dr Cagatay Bircan is an Industrial Professor at IFT. Cagatay is teaching Valuation in Private Equity and Venture Capital at UCL, and also pursuing his doctoral studies with a focus on FinTech and patenting.

He is also Senior Research Economist at the Office of the Chief Economist at the European Bank for Reconstruction and Development (EBRD). At the EBRD, he conducts academic research and various types of policy work in the areas of banking, private equity and venture capital, foreign direct investment, and development impact. His research has been published in The Economic JournalThe Review of Financial StudiesJournal of International Economics, and other peer-reviewed outlets. Prior to joining the EBRD, Cagatay was a Fixed Income Strategist and Economist at Bank of America Merrill Lynch, covering EEMEA markets. He holds a BA in Economics, German, and Mathematics from Williams College, and MA and PhD degrees in Economics from the University of Michigan.

Email: cagatay.bircan.18@ucl.ac.uk

Luca Cocconcelli

Luca Cocconcelli, an IFT industrial professor
Dr Luca Cocconcelli is an Industrial Professor at IFT, where he teaches Big Data in Quantitative Finance. Luca holds a PhD in Applied Finance from University College London and an MSc in Statistics from University of Bologna. He is Data Analytics Manager at the London Clearing House (Part of London Stock Exchange Group) where he covers Equity and Fixed Income in the Risk & Innovation team. Before joining LCH, Luca worked in M&G Investments in Risk Modelling and Analytics for Equity in the Portfolio Construction and Risk division and as a quant risk analyst in a boutique Investment Management (Massena Investment Management). Luca spent 7 years in academia and developed a number of collaboration with international institutions such as the European Investment Bank, World Bank and European Commission.


Email: l.cocconcelli@ucl.ac.uk

Sally Dewar

Sally Dewar, an IFT Industrial Professor
Sally is an Industrial Professor at IFT. She has worked in the financial services sector for over 25 years. Prior to joining A&O in 2018, she was Head of JP Morgan’s (JPM) International Office of Regulatory Affairs for 7 years. After starting her career at KPMG, Sally also spent 10 years at the FCA, where she became Managing Director of the Risk Division and an Executive member of the FSA Board. As a regulator, Sally was responsible for the FSA’s policy direction, risk management processes, governance and markets oversight; including responsibility for the UK Listing Authority and the supervision of regulated markets and related infrastructure. From 2008-2011 she was Managing Director of the Risk Division and an Executive member of the FSA Board, working with wholesale banks through the financial crisis. She also sat on the Board of CESR (Committee of European Securities Regulators). Sally was listed in the top 100 most influential women in European Finance several times both at the FSA and at JPM.
Sally studied pure Mathematics and French at UMIST, now part of the University of Manchester.


Email: s.dewar@ucl.ac.uk 

Philippe Dufournier

Philippe Dufournier, an IFT industrial professor
Philippe Dufournier is an Industrial Professor at IFT, where he teaches the short course on Financial Derivatives. Philippe started his career in Paris as a government bond trader, arbitrager and market maker. He moved to London in 1990 and gained deep derivatives structuring and sales expertise across asset classes whilst at Bankers Trust, a pioneer in the development of the global derivatives standards. At Lehman, he founded the Structured Solutions Group, a sales team facing financial institutions clients. The group actively marketed structured investment and capital management solutions to banks and insurance companies, such as synthetic CDOS, capital guaranteed Hedge Fund Notes or CMS Caps.

Philippe now boasts over 30 years in leadership positions across a number of globally important investment banks, primarily in London. His career has been focused on the structuring, sales and origination of innovative derivatives and capital markets transactions for European large cap corporates, financial institutions, governments and investment funds.

Email: philippe.dufournier@hotmail.com

Dr Brian Healy

Brian Healy, Industrial Professor at IFT
Dr Brian Healy is an Industrial Professor at IFT. He has more than 25 years experience in financial markets as a trader and quantitative analyst and has acted as a consultant for clients in the hedge fund industry, structured finance, private equity, venture capital and asset backed finance. He is a founder and or C-level executive of a number of startups focusing on financial technology, artificial intelligence, anomaly detection and predictive modelling and acts as an advisor to a variety of tech incubators.


Email: b.healy@ucl.ac.uk

Dr Drago Indjic

Drago Indjic, Industrial Professor at IFT
Dr Drago Indjic is an Industrial Professor at IFT, where he teaches courses on the MSc Venture Capital and Private Equity with Financial Technology. He is Managing Director of Oxquant and Dozent at the Computing Faculty RAF Belgrade. He was awarded a PhD in 1995 from Imperial College London and held senior roles at hedge funds before co-founding tech start-ups across Europe. Drago is EU expert for machine learning and co-editor of the 'Legaltech' book for Wiley (2020). He taught at several leading business schools before his appointment at UCL IFT.


Email: d.indjic@ucl.ac.uk

Dr Joo Hee Lee

Joo Hee Lee, Industrial Professor at IFT
Dr Joo Hee Lee is an Industrial Professor at IFT. She is a multi-asset investment-solutions specialist and portfolio manager. Noted for designing systematic allocation strategies for large institutional investors including pension funds and sovereign-wealth managers. Especially recognised for creating detailed, robust and cost-efficient client-specific solutions, with a strong track record of managing multi-asset bespoke portfolios. Well-versed in academic literature and financial theory, with published papers and significant industry experience, spanning equity, fixed income and currencies prior to moving into the multi-asset business. She has a PhD in Chemical Physics from University of Cambridge, and an MSc in Applied Statistics and Operational Research from Birkbeck University. Additionally, she is a CFA (Chartered Financial Analyst) and a CQF (Certificate in Quantitative Finance) holder.

Email: joohee.lee@ucl.ac.uk

Khalid Naji

Khalid Naji, an Industrial Professor at IFT
Khalid Naji is Industrial Professor at IFT, where he teaches Start-Ups and Innovative Business Modelling. Khalid is an engineer, innovation & value chain expert, and an advisor to fully private as well as venture-backed start-ups in various geographies and fields including Machine Learning, Sharia-Compliant Investing, and Food & Technology. Khalid served as a Director at Qatar Foundation’s Science & Technology Park (QSTP) – a start-up incubator, accelerator, grant manager and equity investor, and served as a Director at Qatar Foundation’s Chief Executive Officer’s Office where he developed strategic partnerships and advised on the formation of the National Research, Development and Innovation Council (now QRDI). Khalid also managed high-tech projects in Advanced Biofuels, Sustainable Marine Fisheries, Solar Testing, Carbon Capture &  Robotic Surgery Training (later successfully spun-off & integrated into the Qatari national hospital system with thousands of medical doctors trained). Khalid holds a BEng in Civil Engineering from University College London (UCL), an MS in Civil & Environmental Engineering – Sustainable Design & Construction from Stanford University and an MBA from Stanford University’s Graduate School of Business in California.


Email: k.naji@ucl.ac.uk

Dr Alicia Reyes-Revuelta

Alicia Reyes, an Industrial Professor at IFT
Alicia Reyes Revuelta is an Industrial Professor at IFT, where she teaches on the MSc Banking and Digital Finance. She has over 26 years of experience in Investment Banking and Private Equity with a strong track record managing global businesses. She is currently an independent Board Member of Ferrovial (IBEX-9), Banco Sabadell (IBEX-25) and TSB. Alicia was until recently the Chief Executive Officer of Wells Fargo Securities for EMEA, a position she held since 2016. Alicia managed the markets businesses (Equities, Credit and ABS, FX and Rates Sales and Trading), IBD activities (DCM, ECM and M&A) and Structured Lending (including ABS and CDO warehouse lines and Fund Financing) and was responsible for all the Securities regulated legal entities in EMEA for Wells Fargo.

Previously, Alicia was a partner at Olympo Capital, a Private Equity firm. Before that she served for eight years at Barclays Capital in various senior positions including Head of Distribution for Iberia and concluding as Global Head of Structuring FIG IBD, Global Head of Insurance Solutions and Strategic Equity Derivatives. Alicia has also previously worked for Bear Stearns as Country Manager for Spain and Portugal, Chief Investment and Financial Officer at Telvent, a venture capital fund focused on TMT and started her career an associate in Derivatives at Deutsche Bank. In 2016, Alicia was included in The Female FTSE Board Report (Cranfield): 100 Women to Watch. She is a Trustee at Fareshare, the largest charity in the UK fighting hunger and co-founder of 10 Million Women, a social enterprise to help disadvantaged women access the labour market. Alicia graduated from ICADE, Madrid with a PhD in Quantitative Methods and Financial Markets (Thesis on Credit Risk Modelling - Summa cum laude) and a double degree in Law, Economics and Business Administration (1996).

Email: a.reyes@ucl.ac.uk

Dr Thomas Schröder

Thomas Schroeder, an IFT Industrial Professor
Dr Thomas Schröder is an Industrial Professor at IFT. He has worked with the European Investment Bank (EIB) for more than twenty years, starting as an economist in the Chief Economist’s Department, thereafter in front-office functions in the Capital Markets Department and more recently as a Managerial Adviser in the Strategy, Policies & Business Support Department. He has been acquiring extensive experience in the primary bond markets, usage of derivatives for hedging purposes, counterparty credit risk and other financial markets and risk management issues. Prior to joining the EIB, he worked as a management consultant with McKinsey & Company, Frankfurt, where he gained insights in the iron and steel, postal services and insurance industries. Dr. Schröder has been publishing in highly rated academic journals in the fields of finance, economics and physics. He has been teaching finance at various universities in Luxembourg, Germany and the UK for more than ten years. He studied at the universities of Cologne, Heidelberg and Keele and received PhD degrees in both physics and economics.


Email: t.schroeder@ucl.ac.uk