Professor Pati Klusak

Biography

Pati Klusak is a co-founder and director of Wealth Fair Economics, Professor in Accounting and Finance at Edinburgh Business School at Heriot-Watt University and an Affiliated Researcher at Bennett Institute for Public Policy at the University of Cambridge. Her research investigates the behaviour and regulation of credit ratings agencies (CRAs), and their effects on financial systems. She is internationally recognised as one of the top women in sustainable finance and has established a niche in using novel methods to combine environmental science with economics to address important, action-ready topics in finance. This is evidenced by her research outputs, a global media profile with over 250 citations globally including Bloomberg, Forbes, Reuters FT, NYTimes, and direct engagement with governments, central banks (including the Fed), financial institutions (including investment banks, ratings agencies, the World Bank, and the IMF), and multilateral development banks (AIIB, IDB). Her research on the effects climate change and biodiversity loss on sovereign debt markets has been nominated for the Frontiers Future Planet Prize 2024, and has potential to attract major research grants and philanthropic funding.

Qualifications

• PGCert in Higher Education Practice (University of East Anglia); Fellow of the Higher Education Academy (2017)
• PhD in Finance, Bangor University, Bangor Business School (2015)
• MPhil Real Estate Finance, University of Cambridge, Murray Edwards College (2011)
• BA Banking and Finance, Bangor University, Bangor Business School (2010)

Background

Dr Pati Klusak joined EBS in July 2024 as a Professor of Accounting and Finance. Prior to this appointment, she was an Associate Professor at Norwich Business School at University of East Anglia. Since 2019, Pati is an Affiliated Researcher at Bennett Institute for Public Policy at the University of Cambridge. Dr Klusak holds a PhD in Accounting and Finance and a BA in Banking and Finance from Bangor University, and an MPhil in Real Estate Finance at Cambridge University.