Homepage

Hélyette GEMAN is a Professor of Finance at Birkbeck, University of London and ESCP/EAP.
She is a graduate of Ecole Normale Superieure in Mathematics, holds a Masters degree in theoretical physics, a PhD in Mathematics from the University Pierre et Marie Curie and a PhD in Finance from the University Pantheon Sorbonne.

Professor Geman has been a scientific advisor to a number of major energy and mining companies for the last 14 years, covering the spectrum of oil, natural gas, electricity and metals as well as agricultural commodities origination and trading.
She was previously the Head of Research and Development at Caisse des Depots, time at which she introduced the "numéraire" representation of derivatives pricing. She has published more than 90 papers in major finance journals including the Journal of Finance, Mathematical Finance, Journal of Financial Economics, Journal of Banking and Finance and Journal of Business. She wrote in 1999 a book entitled Insurance and Weather Derivatives and is a Member of Honor of the French Society of Actuaries. Her work on catastrophe derivatives received the AFIR (Actuarial Approach for Financial Risk) prize in 1994. Professor Geman's research also includes asset price modelling using jump-diffusions and Lévy processes -she is one of the authors of the CGMY model; stochastic modelling of commodity forward curves (oil, natural gas, electricity,coal, copper) and exotic option pricing for which she won the first prize of the Merrill Lynch Awards. She was named in 2004 in the Hall of Fame of Energy Risk and received in 2008 the ISA Medal in Sciences from the Alma Mater Studiorum University of Bologna.
Her reference book "Commodities and Commodity Derivatives" was published by Wiley Finance in January 2005 and translated since then into several languages, including Japanese. The new one, "Risk Management for Commodity Markets: from Shipping to Agriculturals and Metals", will be published in Summer 2008

Hélyette Geman was the first President of the Bachelier Finance Society and is a Member of the Board of the UBS-Bloomberg Commodity Index.