Dr. Gaurav Ganguly is Head of International Economics at Moody’s Analytics, where he heads economic research for Europe, the Middle East, Africa and Asia-Pacific. His research interests include international economics, geopolitics and climate change. Together with his research group, he focuses on the key risks facing the global economy and the ways in which these might manifest. His economic scenarios, forecasts and analysis are used by financial institutions, governments and companies to actively manage risks. He is a well-known public speaker and frequently comments on economic issues across and appears in the media. Based in London, he has taught at various Universities in the UK and held visiting academic positions, including a research fellowship at the Grantham Institute for Climate Change at Imperial College. Gaurav obtained his Master’s degree and a doctorate in Economics from the University of Oxford.

Céline Chérubin is a senior credit officer in the EMEA Infrastructure Finance Group, based in Paris. She has responsibility for a portfolio of unregulated utilities in France, Belgium, Italy and the Czech Republic as well as water and waste management companies in France.

Céline has considerable experience of assessing utilities and infrastructure in Europe, with an in-depth knowledge of business models, strategies and stakeholders. She has a particular focus on the French market but also benefits from experience of a broad range of other jurisdictions.

Moody’s has a leading global Infrastructure Finance franchise, rating some US$2.8trillion of corporate and project finance securities. Our team of 148 analytical staff covers more than 2,700 public and private sector infrastructure issuers globally. Moody’s EMEA team of 48 infrastructure specialists is responsible for rating around 330 issuers with approximately US$756 billion in debt outstanding. Moody’s Investors Service covers a total of more than 35,000 issuers and structured finance transactions worldwide, representing more than US$73 trillion in rated debt.

Before joining Moody’s in April 2019, Céline worked for Infravia, a French infrastructure investment company, where she was responsible for investor relations and the fundraising of the fourth infrastructure fund. Prior to this, she had an extended career as a sell side equity analyst covering European utilities for more than 12 years. She has also taught classes in accounting, P&L diagnostics and cashflow analysis for the Société Française des Analystes Financiers.

Céline holds a degree in business administration (DESCAFF) from the Bordeaux Business School. She is fluent in English and French.

Vincent Gusdorf is an Executive Director in the DeFi and Digital Assets team (DFDA), leading Moody’s blockchain technology research. Before joining the DFDA team, Vincent worked for the Innovation and Data Science team, managing several machine learning projects and defining the innovation roadmap. 

Vincent worked as a credit analyst for 16 years and covered investment grade and high-yield corporates. He also contributed to developing Moody’s cyber risk expertise in Europe. Before joining Moody’s, Vincent worked at Standard & Poor’s, Exane BNP Paribas, and Ernst and Young. 

Vincent is a CFA charter holder and holds a Master of Finance from Sciences Po Paris and a Master of Law from Université Paris II Panthéon-Assas. He is a self-trained programmer and developed his blockchain and machine learning expertise by completing multiple online data science and cloud certifications. Vincent is also a Certified ScrumMaster and a PMI Agile Certified Practitioner (PMI-ACP).

Steve Kidd is a seasoned financial professional and the Senior Director and Head of the Europe & Africa Quantitative Solutions Specialists team at Moody's Analytics. With over 20 years of experience in the financial industry, he has become a leading expert in credit modelling and risk management. Prior to joining Moody's Analytics, Steve gained extensive experience in various buy and sell-side roles, honing his skills in quantitative analysis and financial markets.

At Moody's Analytics, Steve has led numerous credit modelling engagements with clients in Europe and Africa. He has worked on diverse use cases, such as asset allocation, risk identification, stress testing, regulatory compliance, strategy development, and governance. Steve's expertise also covers climate risk quantification, and he has been actively involved in developing innovative solutions to help clients manage the impact of climate change on their businesses. Steve Kidd is a highly respected financial professional and a valuable asset to Moody's Analytics, providing trusted advice to clients across Europe and Africa.

Cyril joined AEW in September 2015. He has 25 years of experience in real estate from both perspective of expertise: in real estate valuation and structured finance.

Initially a valuer with Bourdais, Cyril later moved on to head of Ad Valorem’s valuation firm which he led for 5 years, leading annual portfolio valuation campaigns for insurance companies such as valuation for banks and investment funds. At Morgan Stanley, Cyril actively participated in sourcing and structuring in excess of €4bn of commercial real estate financing transactions, as well as their ultimate distribution through CMBS and/or syndication. More recently, Cyril established within JLL in Paris an advisory platform to assist property investors in addressing their debt financing requirements. Cyril holds a BA in finance from Paris Dauphine University and a Master in Real Estate from La Sorbonne University.

Philippe Troussard is Deputy Director of the Financial Stability Directorate at Banque de France, which notably produces a half-yearly assessment of the risks and vulnerabilities present in the French financial system published in the Financial Stability Report. Among his topics of interest, Philippe is mostly focused on the developments of non-bank financial intermediation, market dynamics, interconnections between financial players, the evolution of the macroprudential framework, and the effects of disruptive innovations on the financial system. Philippe is also Co-Secretary General of the High Council for Financial Stability. Before joining the Financial Stability Directorate, Philippe served the Committee on Payments and Market Infrastructures of the Bank for International Settlements, the Economic and Monetary Affairs Committee of the European Parliament, as well as the Prudential Supervision and Resolution Authority. Philippe joined the Banque de France in 1997 and graduated from HEC.

Philippe Troussard est Directeur-adjoint de la Direction de la stabilité financière de la Banque de France, qui produit notamment une évaluation semestrielle des risques et des vulnérabilités présents dans le système financier français publiée dans le Rapport sur la Stabilité Financière. Parmi ses sujets d’analyse, Philippe s’intéresse aux développements de l’ intermédiation financière non bancaire, aux dynamiques des marchés, aux interconnexions entre acteurs financiers, à l’évolution du cadre macroprudentiel, aux effets des innovations disruptives sur le système financier. Philippe est aussi Co-secrétaire général du Haut conseil de la stabilité financière. Avant de rejoindre la Direction de la stabilité financière, Philippe a servi le Comité des paiements et des infrastructures de marché de la Banque des Règlements Internationaux, la Commission des affaires économique et monétaires du Parlement Européen, ainsi que l’Autorité de Contrôle Prudentiel et de Résolution. Philippe a rejoint la Banque de France en 1997 et est diplômé d’HEC.

Alan is a catastrophe risk and exposure management leader with 22 years’ experience influencing how extreme risk is understood, governed, and acted upon. Most of his career has been spent in global (re)insurance, where he was recently an executive director of the International Society of Catastrophe Managers, leading the development of global professional standards in the industry. He joined Moody's in 2025 to focus on physical climate risk analytics supporting banks, investors, and other non-insurance sectors.