Sovereign Risk Manager of the Year - Australian Office of Financial Management

As the financial crisis gained momentum in 2008, governments increased efforts to stem the bleeding: injecting billions to support interbank markets, slashing interest rates and recapitalising financial institutions. With resources stretched, some governments extended the mandate of sovereign debt management offices (DMOs) to support the stabilisation effort.

In Australia, the Australian Office of Financial Management (AOFM) was called on to help stimulate the mortgage sector as non-bank origina