SOFR Academy, Inc. today announced that Alex Edmans has joined the firm’s Panel of Advisors effective immediately. Edmans is Professor of Finance at London Business School where he has taught since 2013.

Commenting on the appointment, Marcus Burnett, Chief Executive Officer of SOFR Academy, said, “Alex is a recognized thought leader in several areas that are important to our firm including corporate finance, responsible business and behavioral finance. He brings a wide range of valuable perspectives that will help SOFR Academy and our stakeholders navigate the future. We welcome Alex to our Advisory Board and we look forward to his advice and counsel.”

Professor Edmans said, “I’m thrilled to join SOFR Academy, in particular due to its commitment to using rigorous academic research to guide real-world problems. In an increasingly complex world, with the need to deliver both returns to shareholders and value to society and to navigate difficult trade-offs, it’s important to ensure that decisions are based on the best academic evidence and practitioner expertise.”

Professor Edmans earned his PhD from Massachusetts Institute of Technology as a Fulbright Scholar, after a BA from Oxford University. He was previously a tenured professor at the Wharton School at the University of Pennsylvania and an investment banker at Morgan Stanley. Alex has spoken at the World Economic Forum in Davos and testified in UK Parliament.

About SOFR Academy

SOFR Academy, Inc. provides financial education and differentiated market data to empower corporations, financial institutions, governments, and individuals to make better decisions. The Firm’s panel of advisors includes academics from Harvard University, the University of California Berkeley, New York University, the University of Oxford, London Business School, and Tsinghua University, as well as experienced financial services professionals. In partnership with Invesco Indexing, an independent index provider owned by Invesco Ltd. (NYSE: IVZ), SOFR Academy is driving the operationalizing of AXI and FXI as credit spread add-ons for SOFR for use in lending and derivative markets. SOFR Academy is a member of the American Economic Association (AEA), the Loan Syndications and Trading Association (LSTA), the International Swaps and Derivatives Association (ISDA), the Asia Pacific Loan Market Association (APLMA), the Bankers Association for Finance and Trade (BAFT) which is a wholly owned subsidiary of the American Bankers Association (ABA) and the U.S. Chamber of Commerce. The Firm is headquartered in New York. For more information, please visit SOFR.org

About the Secured Overnight Financing Rate

SOFR is published by the Federal Reserve Bank of New York and is subject to The New York Fed’s Terms of Use. The New York Fed has no liability for your use of the data. Neither AXI or FXI are associated with, endorsed, or sponsored by The New York Fed.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220419005709/en/