Lemma W. Senbet is the William E. Mayer Chair Professor of Finance at the Smith School of the University of Maryland and Executive Director of the African Economic Research Consortium (AERC). He has been an influential member of the global community of finance scholars for over 30 years. His chief research interests are in the areas of corporate finance, international finance, agency, and financial contracting.
Professor Senbet is internationally recognized for his widely cited contributions to finance, which have appeared in such leading academic journals as the Journal of Finance, Review of Financial Studies, and Journal of Business. He has published over sixty papers. The 2005 Journal of Financial Literature survey cited him among the most prolific authors for a half century of contributions to the leading finance journals from 1953 – 2002 (ranked #26 among 5,811 world-wide contributing authors).
He has been elected (twice) director of the American Finance Association and is a past president of the Western Finance Association. He was inducted into the Financial Economists Roundtable, a distinguished group of financial economists who have made significant contributions to finance and add their knowledge to current policy debates.
Professor Senbet has served on more than a dozen journal editorial boards, including extended tenures with the Journal of Finance, Journal of Financial and Quantitative Analysis, and Financial Management. In 1999, he was named executive editor of Financial Management. In 2006, he was named Editor (Finance Area) for Journal of International Business Studies.
He has advised the World Bank, the International Monetary Fund, the United Nations, African Economic Research Consortium, and other international institutions on issues of financial sector reform and capital market development. He also served as an independent director for The Fortis Funds and independent director for The Hartford Funds.