Paul Hilbers is Division Director at DeNederlandsche Bank (DNB) and professor at Nyenrode Business Universiteit. Paul is a member of the Basel Committee, and (co-)chairs the Task Forces on Impact & Accountability of Banking Supervision and Sovereign Exposures. He is also a member of the Financial Stability Board’s Standing Committee on Assessing Vulnerabilities and alternate member of the BIS Committee on the Global Financial System. Before taking up his current position, Paul was Director of Supervision Policy at DNB. Earlier in his career, he worked at the International Monetary Fund (IMF). During that period he served as Manager and Mission Chief in the IMF’s Monetary and Capital Markets Department and European Department. Paul studied Mathematics at the University of Utrecht and Econometrics at the Free University in Amsterdam, where he also obtained his Ph.D. in International Economics. Paul has published extensively on monetary, fiscal and financial sector issues.