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Industrial Team

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

Industrial Professors Banking and Digital Finance 

Budha Bhattacharya, an IFT Industrial Professor
Budha Bhattacharya 

Budha is an Industrial Professor at the Institute of Finance and Technology (IFT) at University College London (UCL), where he teaches modules in Banking and Digital Finance and Responsible Finance master's programs. With over twenty years in Capital Markets, he has held significant roles at leading tier-one investment banks, including UBS, Goldman Sachs, JPMorgan, and Bank of America, and a stint at a Big Four consultancy firm.

Before Lombard Odier, he was pivotal in developing ESG IQ, KPMG's flagship ESG Big Data analytics platform, in collaboration with data scientists, engineers, and Google.

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


 

Luca Cocconcelli, an IFT industrial professor
Luca Cocconcelli

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


 

Piero Mazzarisi, an IFT industrial professor
Piero Mazzarisi

Piero Mazzarisi is Industrial Professor at IFT. He is also Assistant Professor in Applied Mathematics at Scuola Normale Superiore (SNS) in Pisa, Italy. He is involved in many research projects in financial mathematics, including collaborations with industry and the Italian regulator of financial markets (CONSOB).

Piero's research interests fall mainly in the intersection of discrete mathematics with other fields, including statistics, probability, and statistical physics. His specific focus is the modelling of time series of networks and, more broadly, time series analysis.

Recently, he has investigated new applications of machine learning techniques and neural networks to solve problems of statistical inference with approximate methods. He has an MSc in Theoretical Physics and a PhD in Financial Mathematics, with a thesis on dynamic network models, with applications to finance and a focus on the study of the dynamics of interbank networks. 

Email: piero.mazzarisi@sns.it


 

Thomas Schroeder, an IFT Industrial Professor
Dr Thomas Schröder

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


 

dr joo hee lee
Dr Joo Hee Lee

Dr Joo Hee Lee is an investment specialist with decades of experience in managing multi-asset investment solutions. Having recently left full-time portfolio and team leadership at Newton Investment Management, she continues to be board member of TAINA Technology (an AI-driven fintech company) and lecturer of quantitative finance at both the University of Cambridge and UCL.

Originally a scientist, she obtained a Ph.D. in Chemical Physics from the University of Cambridge, where she later held a research fellowship. Following a mid-career transition to the finance industry, she earned CFA (Chartered Financial Analyst) and CQF (Certificate in Quantitative Finance), and subsequently acquired a second M.Sc. degree in Applied Statistics and Operational Research from Birkbeck College.

Joo Hee’s career in the financial sector prior to Newton Investment Management has encompassed a wide variety of roles and responsibilities, including Senior Portfolio Manager at Invesco; Team Leader of Solutions Design and Portfolio Manager at Fidelity Solutions. 

Email: joohee.lee@ucl.ac.uk


Francesco
Francesco Cuccovillo 

Francesco Cuccovillo is an Industrial Professor at IFT, where he teaches on the MSc Banking and Digital Finance. He has over 20 years of experience in Markets, holding multiple leadership positions with a strong track record managing European and global businesses with a focus on cross-asset derivatives, structured and asset backed finance, secured funding and risk solutions. Francesco is currently a Managing Director at Wells Fargo, Corporate and Investment Banking where he is responsible for the Financing & Solutions business in International Markets and Global Co-Head of Secured Credit Trading. Prior to Wells Fargo, Francesco was a Partner and Head of Financing Solutions and Alternative Credit at Channel Capital Advisors.

Before joining Channel, he was Global Co-Head of Investment, Financing and Solutions at Natwest Markets and he led Structuring as well as Structured Finance & Special Situations Trading in the Global Markets division at Nomura for EMEA. Previously, Francesco was Co-Head of Credit Structuring at Lehman Brothers for Europe, Middle East and Africa. Francesco also held a variety of structuring and trading roles for HSBC and RBC Capital Markets in London, New York and Tokyo.

Francesco has taken part as speaker or panelist at frequent industry conferences and seminars. He has lectured in various under-graduate, post-graduate and executive courses subjects related to fixed income and credit markets, asset management, risk and derivatives. Francesco received a Degree in Economics cum laude from LUISS (Rome) and he is a CFA charterholder.

Email: TBA

Industrial Professors Venture Capital and Private Equity with Fintech

Rosemary
Rosemary Addis 

Rosemary has spent decades leading and catalysing innovation and investment for impact. She is Managing Partner Mondiale Impact, Enterprise Professor at University of Melbourne, has a Board and advisory portfolio and is widely published.

Rosemary’s 30+ year track record spans a global legal career with Kirkland & Ellis New York and equity partner of Allens-Linklaters. Career highlights include Social Innovation Strategist, Australian Government, member of the G8 Social Impact Investment Taskforce and Founding Chair, Impact Investing Australia (Market Builder of the Year 2018 & 2020). She is a trusted advisor to leaders across sectors. Collaborations include the OECD, United Nations Development Programme, World Bank, Harvard Kennedy School and Oxford Said Business School.

Recognition includes: named a Sorenson Global Impact Leader (2022), Member of the Order of Australia (2020) ranking among top thought leaders (Women in Finance, 2017) and the world’s leading lawyers (2002-3).

Email: rosemary@rosemaryaddis.com


 

Cagatay Bircan, an IFT Industrial Professor
Cagatay Bircan

 Dr Cagatay Bircan is an Industrial Professor at IFT and teaching Valuation in Private Equity and Venture Capital. He is also Lead 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, entrepreneurial finance, organisational economics, development, and trade.

His current research is on knowledge work in teams and multinationals, value creation in private equity, and entrepreneurship in emerging markets. Prior to joining the EBRD, Cagatay was a Fixed Income Strategist and Economist at Bank of America Merrill Lynch, covering EMEA 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


 

Brian Healy, Industrial Professor at IFT
Dr Brian Healy

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


 

Drago Indjic, Industrial Professor at IFT
Dr Drago Indjic

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


Peyman Mestchian 

Research Director

Email: TBA


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


 

Max Vermorken, IFT Industrial Professor
Max Vermorken

Max is an Industrial Professor at IFT. He co-founded SigmaRoc plc in August 2016 as a SPAC and has since served as its CEO. In this capacity he developed and implemented the Invest Improve Integrate Strategy and platform-based business model of the SigmaRoc Group. The group has grown both organically and through acquisition across 12 countries in Northern Europe, building up a strong asset base and a strong financial performance.

Prior to SigmaRoc, Max was strategic advisor to the CEO of Holcim Northern Europe, the world’s largest construction materials group. His role included responsibility for the merger of Lafarge SA and Holcim Ltd in the region involving the only Day 1 integration of the two major businesses following the hive-down and integration of two large asset portfolios – a mix which included cement plants and down-stream assets. Prior to working for LafargeHolcim, Max worked in private equity and venture capital at Luxembourg-headquartered Genii Group, working directly to its founding principals Gerard Lopez, co-founder of Mangrove VC and Eric Lux a major real estate developer and industrial investor.

Max holds a PhD in Financial Economics from University College London and Bachelor and Master degrees in both Civil Engineering and Financial Economics from University College London and the University of Brussels, respectively.

Email: maxvermorken@gmail.com

Industrial Professors Responsible Finance and Alternative Assets

Amin Amal-Lee

Email: TBA


Budha Bhattacharya, an IFT Industrial Professor
Budha Bhattacharya 

Budha is an Industrial Professor at the Institute of Finance and Technology (IFT) at University College London (UCL), where he teaches modules in Banking and Digital Finance and Responsible Finance master's programs. With over twenty years in Capital Markets, he has held significant roles at leading tier-one investment banks, including UBS, Goldman Sachs, JPMorgan, and Bank of America, and a stint at a Big Four consultancy firm.

Before Lombard Odier, he was pivotal in developing ESG IQ, KPMG's flagship ESG Big Data analytics platform, in collaboration with data scientists, engineers, and Google.

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


Dr Hakan Lucius

Dr Hakan Lucius is Chief Sustainability Officer at the EIB, the European Union’s bank and the largest Multilateral Financial Institution of the World.  He possesses more than 25 years of sustainability experience in finance, in particular through the structuring of multiple billions of euros of investments, through both, loans and equity throughout his career. 

Academically, Dr Lucius specializes in sustainable finance and has published articles in multiple languages. He received his Ph.D. with distinctions in industrial economics, his MBA from INSEAD in Finance, France, and his MSc in Engineering from Vienna Technical University. He is an internationally acclaimed speaker, quoted by the Financial Times and Reuters, and has lectured in over 20 countries across Europe, Asia, and in the US.

Prof. Dr. Lucius is also Board Member of the Luxembourg Fund Labelling Agency, Luxflag; member of the European Financial Reporting Advisory Group, EFRAG on the European Sustainability Reporting Standards, ESRS; member of the ISSB Technical Reference Group; the European Commission’s Ecolabel expert group for sustainable finance; and former President and current member of the European Investment Bank’s Pension Board    

Email: h.lucius@ucl.ac.uk 


 

Rebecca
Rebecca Macdonald

Rebecca MacDonald is an Industrial Professor at IFT, where she teaches social enterprise and impact investing. She is Head of Investment Management at UK impact investor Big Society Capital focusing on how it manages its portfolio, a Non-Executive Director of Charity Bank, and a member of Trust for London’s endowment Investment Committee.

Rebecca also has experience working in and with social enterprises receiving impact capital, designing UK Government policy to enable impact-led financing to tackle climate change, and supporting asset manager M&G with its impact investment strategy and the launch of a £5 billion broad impact mandate. She is committed to advancing education in impact investing, including as Chair of the CFA UK’s Impact Investment Certificate and as a member of the Impact Investing Institute’s Learning Panel.

Rebecca is a CFA (Chartered Financial Analyst) and holds the CFA Certificate in ESG Investing and an MSc in International Development from SOAS, specialising in how social enterprises support development outcomes. 

Email: rmacdonald@bigsocietycapital.com


Jeremy Rogers

Email: TBA


Thomas Schroeder, an IFT Industrial Professor
Dr Thomas Schröder

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

Industrial Professors Strategy Committee

John Cummins            

Industrial Director

Email: TBA


Peyman Mestchian 

Research Director

Email: TBA

Industrial Professors Short Courses

Filippo Addarii

filippo addarii, an IFT Industrial Professor
Filippo Addarii is co-founder and managing partner of PlusValue (London and Milan), an advisory boutique assisting multinational corporations and large public bodies to unlock the power of sustainability transition and impact investing.

Serial entrepreneur, controversial thinker, and strategic consultant, for over twenty years Filippo has pioneered the field of social innovation within the European institutions and urban regeneration fostering experimentation and structural transformation by realigning public and private interests for a new 21st century planetary contract. Some of the most important clients:

European Commission, European Investment Bank, UNDP and Lendlease.The most significant project: MIND - Milano Innovation District 1m sqm regeneration project and
innovation district at the same time, 5bn euro value and 70k community of people at completion. Filippo is a regular public speaker and author including The Guardian and HBR. He has a BSc in
Philosophy (Bologna University), MRes in Urban Sustainability and Resilience (UCL). He teaches
and is doing a PhD in Sustainable Finance at UCL Institute of Finance and Technology.

Email: filippo.addarii@plusvalue.org


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