Sony Kapoor is Managing Director of Re-Define and is also Visiting Fellow at the London School of Economics. He was elected Chairman of the Banking Stakeholder Group of the European Banking Authority in mid-2011, when he was also a Visiting Fellow at the European Commission dealing with economic governance, financial reform and the euro crisis. He was also a member of the expert panel advising the European Parliament’s special committee on the financial and economic crisis (CRIS) for the two years of its existence.
Prior to this Sony was a strategy adviser to the Norwegian Ministry of Foreign Affairs from 2007, a strategy adviser to Oxfam Novib in the Netherlands and in charge of Development Economics at Christian Aid. He started his career in 1998 in commercial banking at ICICI, one of India’s top banks and then worked on leveraged finance at Lehman Brothers in London. He also traded derivatives for Aquila Energy in the US. Sony has been a board member of international NGOs such as Eurodad (European Debt & Development), the international Tax Justice Network and Stamp out Poverty.
He has been an expert consultant on international finance and development to the World Bank, the UN and several governments in the developed and developing worlds, and helped set up the inter-governmental task force on illicit financial flows.
He is a frequent public commentator on the euro and financial reform, and has testified as an expert witness on finance and the economy at the US Congress, the European Parliament, the German Bundestag and several other national parliaments. He advises several governmental bodies and civil society organisations on how finance can be better harnessed to serve the real economy, how the Euro crisis can be tackled so as to minimize the welfare costs and how development and environmental goals can be pursued more effectively.