Department of Accounting and Finance
Cyprus University of Technology
Dr. Zenios is known for his work in computational finance and financial services, high-performance and parallel computations, and operations research. In his career he authored two books, edited sixteen books and journal issues, and (co)authored over 150 scholarly articles in some of the premier journals in the field. He holds two US patents on financial engineering methods, and his work has been reproduced in edited volumes, textbooks and encyclopedias. One of his books on the performance of financial institutions was translated in Chinese in 2005.His book with Yair Censor Parallel Optimization (Oxford University Press) received the 1999 ICS prize of The Institute of Operations Research and the Management Sciences, and his article with A. Soteriou on service quality received a Best Paper Award from the Decision Sciences Institute in 1999. In 2000 he was selected as a Marie Curie Fellow by the European Commission. In 2006 he was the recipient of the EURO Excellence in Practice Award for his work on personal financial planning. Dr Zenios served as consultant for several financial institutions and Government agencies, including the Union Bank of Switzerland, the World Bank, the Federal National Mortgage Association and the Central Bank of Cyprus. He lectured extensively in North and South America, Europe and the Far East. He serves on the editorial board of seven journals and is the editor for the volumes of Asset and Liability Management in Elsevier’s series Handbooks of Finance.He received a BSc in Mathematics from London University in 1980, a BEng in Electrical Engineering from Council of Engineering Institutions in 1982, MA and PhD in Engineering-Management Systems from Princeton University in 1986, and an Honorary MA from University of Pennsylvania in 1992. Prior to joining the University of Cyprus to serve as the first Dean of the School of Economics and Management he was a tenured faculty member of the Wharton School, University of Pennsylvania. He also held visiting appointments at the Sloan School of the Massachusetts Institute of Technology (MIT) , University of Haifa (Israel), University of Vienna, and the Universities of Bergamo, Milano and Venice as a fellow of the Italian CNR. With his wife Nina they climbed Kilimanjaro reaching Uhuru Peak at 8.20 am.
Risk management, computational finance, management science.
A. Consiglio, D. Saunders and S.A. Zenios, Asset and liability management for insurance products with minimum guarantees, Journal of Banking and Finance, Vol. 30(2), pp. 645--667, 2006.
K. M. Rasmussen and S. A. Zenios, Well ARMed and FiRM: Diversification of mortgage loans for homeowners, Journal of Risk, Vol. 10(1), pp. 1--19, Fall 2007.
S.A. Zenios, Practical Financial Optimization: Decision making for financial engineers, Blackwell Publishing, 430 pages,ISBN 978-1-4051-3200-8 (hardback), 978-1-4051-3201-5 (paperback), 2007