Dr. Paul Sheard is Chief Global Economist and Head of Global Economics and Research for Standard & Poor's Ratings Services. Paul leads a team of over 50 economists, researchers and quantitative analysts responsible for the macroeconomic forecasts used by Standard & Poor's analysts during the ratings process, critical cross-sector research projects and ratings performance reporting. He is a member of the Standard & Poor's Executive Committee. Previously, Paul had been Global Chief Economist and Head of Economic Research at Nomura Securities since December 2008. There, he led a team of 35 economists in seven countries and was responsible for the firm's global economic forecasts, outlooks and analyses. Paul received his Bachelor's degree from Monash University in Australia and a Masters of Economics and PhD from the Australian National University. He was a member of the World Economic Forum Global Agenda Council on the International Monetary System in 2010-12.