Michael Bennett is the head of derivatives and structured finance in the Treasury Department of the World Bank. He has spent 19 years with the World Bank and has worked in both the World Bank’s Paris office and its Washington DC headquarters. Among other areas, he is responsible for the World Bank’s capital markets work in the areas of financial derivatives, structured bonds, carbon finance, Islamic finance and catastrophe risk financing. In the catastrophe risk financing area, he has led the World Bank’s execution of several landmark transactions, including the World Bank’s first catastrophe bond, the first global pandemic bond, and the largest sovereign catastrophe bond. Prior to joining the World Bank, Mr. Bennett worked for two international investment banks in New York, Tokyo and Hong Kong. He holds a law degree from Columbia University in New York.