Andreas Pfingsten has been Professor of Business Administration and head of the banking area at the University of Münster since 1994. Formerly, he was Professor of Economics at the University of Siegen. As a visiting professor, resp. visiting scholar, he worked at universities in Austria, Canada, and the US. His professional experience includes employment with a bank and an IT services firm as well as consulting activities. His academic work has been published, among others, in Journal of Banking & Finance, Journal of Business Finance & Accounting, Journal of Economic Theory, Journal of Public Economics, Mathematical Social Sciences, International Tax and Public Finance, and Journal of Risk. Current fields of his research include the credit business, securitization, risk management, regulation, and bank accounting. Andreas Pfingsten is a member of the North Rhine-Westphalian Academy of Sciences, Humanities and the Arts, various other academic as well as professional associations, and a former president of the German Finance Association.