Mr. Mark Sobel
Bio
Mark Sobel served at the U.S. Department of the Treasury for nearly four decades, including as deputy assistant secretary for international monetary and financial policy from 2000 to early 2015. From 2015 through early 2018, he was U.S. representative at the IMF. He now serves as U.S. chairman at the Official Monetary and Financial Institutions Forum (OMFIF). At the Treasury, he led the Department’s work in preparing G7 and G20 finance minister and central bank governor meetings, formulating U.S. positions in the IMF, and coordinating the work of Treasury and regulatory agencies in the Financial Stability Board (FSB).
He was also chief U.S. financial negotiator in the G20 from 2008-2015, including for the 2009 London Economic Summit. Sobel founded the U.S./EU Financial Market Regulatory Dialogue and chaired an international group of private and official sovereign debt experts that developed enhanced collective action clauses. He managed the $100 billion-plus Treasury Exchange Stabilization Fund and played a key role on U.S. foreign exchange policy as well as helped coordinate Treasury’s semi-annual Foreign Exchange Report. During transitions and other periods, Sobel often represented the United States as the G7/20 finance deputy, G7 finance sous-sherpa, and Treasury FSB representative.