The Action Chair is elected during an Action MC meeting by the Action MC from amongst the Action’s MC members. The Action Chair is responsible for the coordination and implementation of the Action. Among those responsibilities, the elected Action Chair has under its remit in the framework of these financial rules the following:

• Manage Action MC approvals / decisions concerning expenditure (for meetings, Training Schools, Local Organiser Support, Short Term Scientific Missions, Dissemination and Publications) and communicate the outcome of Action MC approvals / decisions to the Grant Manager and to the COST Association.
• Define and communicate to the Grant Manager, on behalf of the Action’s MC, a list of all eligible Action Participants who are entitled to be reimbursed for their attendance at approved meetings and Training Schools – this task shall be assumed by the Action Vice-Chair when the Action Chair is affiliated to the Grant Holder Institution.
• Authorise payments – this task shall be assumed by the Action Vice-Chair when the Action Chair is affiliated to the Grant Holder Institution.
• Review, sign and date financial reports – this task shall be assumed by the Action Vice-Chair when the Action Chair is affiliated to the Grant Holder Institution.

Current Action Chair

The current Action Chair is Prof. Dr. Jörg Osterrieder

Jörg Osterrieder is Professor of Finance and Risk Modelling at the ZHAW School of Engineering (Switzerland) and Associate Professor of Artificial Intelligence and Finance at the University of Twente (Netherlands). He has been working in the area of financial statistics, quantitative finance, algorithmic trading, and digitization of the finance industry for more than 15 years. In addition, he serves as an expert reviewer for the European Commission on the “Executive Agency for Small & Medium-sized Enterprises” and the “European Innovation Council Accelerator Pilot” programs.  Jörg is also director of Studies for an Executive Education course on “Blockchain, Big Data, and Distributed Ledger”.

Previously he worked as an executive director at Goldman Sachs and Merrill Lynch, as a quantitative analyst at AHL as well as a member of the senior management at Credit Suisse Group. Currently, Jörg is also active at the intersection of academia and industry, focusing on the transfer of research results to the financial services sector in order to implement practical solutions. He has been frequently invited as a speaker to numerous international conferences, workshops, and seminars in Europe, the United Arab Emirates, the United States of America, and Singapore. He also acts as a reviewer for prestigious academic journals such as Digital Finance and Frontiers Artificial Intelligence in Finance. Finally, he is a co-founder and associate editor of the Digital Finance journal.

Contact

Zurich University of Applied Sciences: oste@zhaw.ch

Futher information: https://wiki.fin-ai.eu/index.php/Joerg_Osterrieder