David Marsh, managing director, is Senior Advisor to London-based asset management company Soditic CBIP LLP and chairman of the advisory board of independent investment bank London & Oxford Capital Markets. Previously he worked for City merchant bank Robert Fleming, corporate finance boutique Hawkpoint and German management consultancy Droege. He worked for the Financial Times between 1978 and 1995, including in France and Germany, becoming European editor. Marsh is deputy chairman of German-British Forum, advisory board member of Centre for European Reform, treasurer of Institute for Corporate Cultural Affairs, board member of British Chamber of Commerce in Germany and honorary professor at the University of Birmingham. He was made Commander of the British Empire in 2000 and was awarded the German Order of Merit (Bundesverdienstkreuz) in 2003.Marsh has written four books: Germany – Rich, Bothered and Divided (1989); The Bundesbank – The Bank that Rules Europe (1992); Germany and Europe – The Crisis of Unity (1994); The Euro – The Politics of the New Global Currency (2009). He is a frequent media commentator in Europe and the US.