In June 2009 Dr Richard Reid took up the roles of Director of Research and Chief Economist for the International Centre for Financial Regulation (ICFR) in London. The ICFR is a joint public-private sector centre charged with encouraging and promoting independent and innovative research into a range of issues dealing with regulation of financial services globally. Since joining the ICFR, he has developed the Centre's research agenda, established a panel of leading academics to advise on key issues and positioned the ICFR in a pivotal role between policy-makers and market practitioners.
Prior to joining the ICFR Dr Reid was a Managing Director in the Economics Department of Citigroup, based in London. Before Citigroup, Dr Reid spent 2½ years as the Chief International Economist for Donaldson Lufkin & Jenrette in London. Dr Reid had previously been the Chief European Economist for UBS for 14 years. Five of those years were spent in UBS's Frankfurt office. He was also a noted commentator on the Bundesbank and the ECB. For two years Dr Reid also served as a special adviser to the British Parliament's Treasury and Civil Service Committee on International Monetary Affairs.
Dr Reid started his professional career as a junior lecturer at Strathclyde University in Scotland. He then moved to be the Economist for the Scottish Provident insurance company in Edinburgh. He holds a Ph.D. and M.Sc. from Strathclyde University in Glasgow, both in financial economics and an M.A. (Hons) in Economic History from Aberdeen University. He is currently an Honorary Senior Research Fellow at the University of Dundee.