Kim Staking has served as a finance professor at INSEAD, and he has also taught at the University of Lausanne, John Hopkins University, and The Wharton School of the University of Pennsylvania. Currently he is a finance and insurance professor at Colorado State University. He spent several years working overseas in international banking and insurance and served as a financial economist at the US General Accounting Office overseeing a study on the role of the US government as a lender of last resort and an analysis of the expanding use of financial guarantees in the insurance industry. This was followed by 18 years at the InterAmerican Development Bank in Washington, DC, concentrating on financial sector reform, the development of financial institutions, and legal/regulatory environments.
During his career at the Inter-American Development Bank, he was responsible for development and administration of lending and technical assistance programs in the Andean countries, Argentina, and the Caribbean. His projects included the initiation of capital market development programs, strengthening financial market oversight, mortgage markets, political risk insurance, and pension reform. As a principal financial economist he was responsible for the preparation of Bank policies and provision of technical support in the development of financial markets with particular concentration on non-banking markets (insurance, pensions, capital, and derivative markets), information disclosure, and risk management. He was involved in the creation of a political risk reinsurance facility, management of financial crises, and the development of financial strategies for replicating catastrophe insurance for Caribbean utilities. He was also the principal author of the Financial Market Strategy for the Inter-American Development Bank and authored, edited, and oversaw publication of several books and monographs on accounting/auditing standards, financial risk management, derivatives, and insurance. The last two years he has served as principal country economist for Colombia and Peru.
Fluent in Spanish and English, his academic publications have appeared in the Journal of Finance and in the Journal of Risk and Insurance. Much of his academic research focuses on the measurement and benefits of asset/liability management for property/casualty insurers.
PhD, Risk Management and Insurance, The Wharton School, University of Pennsylvania
MBA, Finance and International Business, University of California at Berkeley
BA, Economics, Brigham Young University