Robert Tornabell — Emeritus Professor of ESADE and Universitat Ramon Llull (URL) — has been awarded the Spanish Institute of Financial Analysts (IEAF) Gold Badge for “his long academic track record and his leading role in the fields of Finance theory and practice”.

The Prize was awarded during the 14th edition of the Annual Gala Dinner of the IEAF’s Catalonia Branch, held on Monday the 26th of November in Barcelona. During the event, the Vice-President of the IEAF and President of the Institute’s Catalonia Branch, Cirus Andreu highlighted “Prof. Tornabell’s outstanding track record as a teacher, researcher, and communicator on financial markets and corporate finance.”

In his acceptance speech, Prof. Tornabell gave one of his masterly market analyses, providing an overview of the present state of stock markets and the outlook for world business. Tornabell argued that both were suffering the consequences of US Federal Reserve and European Central Bank (ECB) reactions to the financial crisis in 2008, and their present attempts to rein in the bull markets unleashed by the monetary authorities’ Quantitative Easing.

One of the world’s most respected Economists

Robert Tornabell is Emeritus Professor of International Banking and Finance at ESADE. He was awarded a PhD in Business Administration by ESADE and a Degree in Economics and Business by Universitat de Barcelona (UB). Prof. Tornabell is one of the most highly-regarded economists both in Spain and the rest of Europe. He has held a wide range of senior posts during his career. Tornabell was: Dean of ESADE; World Bank Professor at Nijenrode Business School (Breukelen, The Netherlands), and at the International Banking Institute (US). He was also a member of: the Advisory Council of ”la Caixa” [bank] (Barcelona); the European Finance Association; the European Foundation for Management Development (Paris and Brussels). He was President of the Independent Group of Experts on Catalan Savings Banks, and was a teacher and consultant in Latin America, China, The United States, The Netherlands, and The Middle East.

He has written over 30 books on banking and finance, among them El día después de la crisis [The Day After The Crisis], as well as many articles in magazines and specialised journals worldwide