Dr. Chudozie Okongwu
Senior Vice President
tel: +1 212 345 5003
fax: +1 212 345 4650
tel: +44 20 7659 8568
fax: +44 20 7659 8501
PhD and MA in economics, University of California, Berkeley
SB in economics, Massachusetts Institute of Technology
At NERA, Dr. Okongwu directs projects in the areas of securities economics, finance, and valuation, and he heads the European Finance, Litigation, and Dispute Resolution Group. His work includes both advisory engagements and litigation support. Dr. Okongwu has testified and consulted on matters involving the valuation of various derivatives, fixed income and equity products, and exotic financial structures. He has worked extensively on matters involving subprime and structured finance securities, and also has substantial experience on matters involving risk management. In arbitrations he has appeared before FINRA, the NYSE, the NASD, the American Arbitration Association, the ICC International Court of Arbitration, and the ICSID.
Dr. Okongwu has led engagements involving the risks and profitability of hedge fund trading strategies and the effects of alleged mismarking of hedge fund portfolios on investors. He has directed projects involving the analysis of best execution practices. He has also been retained in numerous matters involving mutual funds, including civil and regulatory matters concerning allegations of portfolio mismarking, market timing, and late trading.
Dr. Okongwu has directed engagements that focused on the forced liquidation of securities positions, the termination of OTC derivative positions, insider trading, and market manipulation. He has testified in broker-dealer mediations and arbitrations involving allegations of unsuitability and churning. The securities concerned have included equities, derivatives, and fixed income products, including auction-rate securities. In addition, he is the co-author of an econometric study on the impact of securitization for the American Securitization Forum.
Prior to joining NERA, Dr. Okongwu was a member of Banque Paribas’s Fixed Income Emerging Markets team in London and New York. His responsibilities included the analysis of the economies and sovereign assets of countries in Eastern Europe, the Middle East, and Africa. In this capacity, he provided the firm’s traders and clients with inter- and intracountry asset recommendations. He was also responsible for trading some local currency instruments and for marketing a broad range of products including bonds, loans, OTC options, and credit derivatives.
Dr. Okongwu has published articles in The Journal of Structured Finance, the International Journal of Finance & Economics, and Wall Street Lawyer.