On October 22, 2025, the SCOR Foundation for science held a webinar titled: “Quantitative Easing, Financial Institutions, and Financial Stability.” The webinar was delivered by Olivier Darmouni, Associate Professor of Finance at HEC Paris and holder of the Pierre Andurand Chair in Sustainability.

This webinar explored the long-term consequences on financial stability of the changes in monetary policy introduced by the quantitative easing strategies of the central banks since 2008. Olivier Darmouni discussed these consequences in detail, focusing in particular on the asset-liability management strategies of commercial banks and (re)insurance companies.

Previous SCOR Foundation Webinars

Olivier Darmouni is a financial economist specializing in corporate finance, financial institutions, and microfinance. His work focuses on financial frictions and their effects on credit (banks and non-bank lenders), business investment, and the transmission of monetary policy — particularly unconventional interventions such as quantitative easing and corporate bond purchases in 2020. He also explores the financing of the energy transition (divestment from coal, financing of renewable projects).

Academically, he has been a professor at Columbia Business School in New York, with a guest stint at Chicago Booth (2021-2022), and is currently an Associate Professor at HEC Paris, where he holds the Pierre Andurand Chair in Sustainability. He has a PhD in Economics from Princeton and is affiliated with the CEPR.

He was named the Best Young Scholar in Finance and Insurance by the Louis Bachelier Institute in 2025, and was awarded the Robert Mundell Prize in 2024. His work on credit markets, monetary policy, the energy transition, and sustainability has been published in the top international academic finance journals.