Dr. Christian Schaack is Adjunct Professor of Finance at the SHU Jack Welch College of Business in Luxembourg. He currently teaches a course on Mathematics for Finance Practitioners, an MBA program elective and a required course for the College’s Risk Management Certificate.
Christian Schaack works as an independent management consultant. He is also a non-executive director for several banks, holding companies and investment funds, a.o., entities of banking groups Intesa Sanpaolo and TD Bank.
Until 2010, Christian Schaack was a member of the Executive Committee of BGL, one of Luxembourg’s largest banks (now BGL BNP Paribas). During his twenty-year career with the bank, Dr. Schaack managed many of the key back-office and support functions for the bank and for its parent bank in Brussels (now BNP Paribas Fortis). These responsibilities included, at various times, Information Services, Securities Services, Payments, Credits, Risk Management, ALM, Legal, Compliance. Together with his team, Christian Schaack built the first large-scale cross-border shared service centers in a European banking group, for payments and securities services.
Dr. Schaack holds a Ph.D. In Operations Research from the Massachusetts Institute of Technology (MIT), an M.S. in Management from MIT’s Sloan School of Management, and a Dipl.Ing. from Ecole Polytechnique in Paris. He started his career as an academic, teaching Managerial Economics at Harvard Business School’s MBA program in the late 1980’s. He then joined McKinsey & Co, before moving into mainstream banking.
Returning to academia is for Christian Schaack both a pleasant opportunity and an interesting challenge: To teach math and hard sciences again, and to put it all in perspective with the hindsight of a 25-year managerial career in private industry.
Dr. Schaack has published papers in the “Journal of Portfolio Management”, “Management Science” and “Operations Research”.