Board of Directors


Heath Tarbert


Heath Tarbert is Chief Legal Officer of Citadel Securities, responsible for the firm’s global legal, compliance, surveillance, regulatory affairs, and corporate governance functions.

Prior to joining Citadel Securities, Heath was the 14th Chairman and Chief Executive of the Commodity Futures Trading Commission (CFTC) and Vice Chairman of the International Organization of Securities Commissions (IOSCO). He was previously Assistant Secretary of the Treasury for International Markets, concurrently serving as G-7/G-20 Deputy Finance Minister, a member of the Financial Stability Board (FSB), and U.S. executive director of the World Bank Group. Earlier in his career, Heath served as a Supreme Court law clerk, associate White House counsel, special counsel to the Senate Banking Committee, and a partner at two international law firms.

Heath is an elected fellow of the National Academy of Public Administration and the American Law Institute. He is also a life member of the National Eagle Scout Association and Council on Foreign Relations. He earned his BS from Mount St. Mary’s University, his JD and SJD from the University of Pennsylvania, and his DPhil from Oxford University.

From 2013-2017, Heath was a Senior Fellow at the Program on International Financial Systems (PIFS).

Jim Febeo


James (“Jim”) Febeo is Senior Vice President and Head of Federal Government Relations for Fidelity Investments, a leading provider of investment management, retirement planning, portfolio guidance, brokerage, benefits outsourcing, and other financial products and services to more than 20 million individuals, institutions, and financial intermediaries.

Since joining Fidelity in February 2000, Mr. Febeo has worked to align policy outcomes with the firm’s strategic objectives. He has advocated on behalf of the firm’s interests in Washington and globally on a wide range of legislative and regulatory policies impacting the financial services sector.

In his current role, Mr. Febeo is responsible for managing the firm’s engagement with government officials on policy matters that could impact Fidelity, its products and services, and the firm’s ability to serve its clients and customers. His areas of expertise include financial services regulation, including the Dodd-Frank Act, mutual fund, brokerage and securities regulation, and retirement and education savings policy.

Prior to joining Fidelity, Mr. Febeo represented the nation’s largest retail banks as a Washington lobbyist with the Consumer Bankers Association. Mr. Febeo received his undergraduate degree with honors from Emory University in 1992 and earned his juris doctorate from the University of Connecticut School of Law in 1995. He is admitted to the bar in Massachusetts, Connecticut, and the District of Columbia.

Don Kanak


Don Kanak is the Chairman of Prudential Insurance Growth Markets and Chairman of Prudence Foundation, the community investment arm of Prudential plc. Don has been an active participant in Program on International Financial Systems through our symposia events and as a Senior Fellow for over twenty years.
Mr. Kanak’s research as a Senior Fellow at the Program on International Financial Systems has focused on climate change policy, especially solutions for reducing deforestation and degradation of natural forests (REDD) and financial frameworks for achieving climate objectives. He has also researched and written about capital market and development with particular emphasis on emerging markets.

Mr. Kanak is based in Hong Kong, and he has lived and worked in Asia for over 30 years. From 2008 to January 2016, Mr. Kanak served as Chairman of Prudential Corporation Asia and from 2012 to October 2020 as Chairman of Eastspring Investments, Prudential’s Asia focused asset management business. From 1992 to January 2006, he served in a number of senior positions at American International Group (AIG), ultimately as Executive Vice Chairman and Chief Operating Officer of AIG. In 2011-12, Mr. Kanak chaired the World Economic Forum’s Global Agenda Council on Insurance and Asset Management. He is a member of the Council on Foreign Relations. Don holds a J.D. with honors from Harvard Law School (1980) and an M.Litt in Management Studies from University of Oxford (U.K.) (1989), a B.A. with highest honors in economics (1975) from the University of North Carolina-Chapel Hill, and the CLU and the ChFC designations from the American College. He chairs the UNC Global Leadership Council.

Thierry Porté


Thierry Porté is a Managing Director of J.C. Flowers & Co. LLC, a private equity firm focused exclusively on financial services. Mr. Porté has been involved in the Program on International Financial Systems symposia as a keynote speaker, moderator, panelist, and attendee since the inaugural symposium in Chatham, Massachusetts. In his capacity as Managing Director of J.C. Flowers, he currently serves as Executive Chairman of NPG Wealth Management, a Luxembourg-based insurance group, non-Executive Chairman of Equita, a Milan-based investment bank, Director of Compagnie Européenne de Prévoyance (CEP), a Nantes-based insurance brokerage firm, Board observer of Sicom, a Mumbai-based non-bank financial services company, Chairman of Eurovita, a Rome-based life insurance company and Chairman of KT Capital, a Korean non-bank lending institution. Mr. Porté worked previously at Shinsei Bank, Ltd., Tokyo, where he served as Vice Chairman (2003-2005) and President and CEO (2005-2008). From 1982 to 2003, he served in various capacities at Morgan Stanley in New York, London and Tokyo, including as President and Branch Manager of Morgan Stanley Japan (1995-2003).

Mr. Porté holds a B.A., magna cum laude and Phi Beta Kappa, in Economics from Harvard College and an MBA with high honors from Harvard Business School. He has held leadership roles in a number of Harvard related activities, including serving as President of the Harvard Club of Japan (1995-2008) and currently as a member of the Board of Dean’s Advisors of Harvard Business School and a member of the Harvard Global Advisory Council. He is Chairman of the US-Japan Bridging Foundation. He served on the Board of Trustees of Regis High School from 2009 to 2015 and continues to serve as the Chairman of the Regis Investment Committee. He served from 2008 to 2013 as Chairman of the Japan-US Friendship Commission and the US-Japan Conference on Cultural and Educational Interchange, appointments designated by the President of the United States.

Satoru Murase


Satoru Murase is a partner in Mayer Brown’s New York office and a member of the Corporate & Securities practice. He advises global corporations regarding cross-border investments and disputes in the United States, Asia, Europe and the Middle East. Through his connections with the US, Asia, and the EU, Mr. Satoru has been a valuable partner to the Program on International Financial Systems for over ten years. He is well- known for his representation of major corporations based in Japan and other Asian countries in their overseas operations and disputes, as well as major US and European corporations operating in Asia. He advises on mergers and acquisitions, finance, litigation, corporate governance, compliance, crisis management, employment and government relations.

Satoru is identified in The Best Lawyers in America (2012–2018) and, The Best Lawyers in Japan (2012–2017) and as one of the BTI Client Service All-Stars 2012, those lawyers recognized nationally for client service excellence. He regularly represents corporate and governmental entities including the Japanese government on global government relations and regulatory matters. Satoru’s media clients frequently consult him regarding intellectual property and technology issues. He has represented clients facing international trade disputes before the US Trade Representative, Department of Treasury, ITC and Department of Commerce. Satoru speaks frequently on business issues relating to international operations, risk compliance and corporate governance at major corporations. He regularly advises US and Japanese nonprofit organizations regarding governance and charitable law issues. Satoru is fluent in Japanese and studied Chinese in college.