Michael Raymond Mainelli
MStJ (born 1958),
Chairman
The chairperson, also chairman, chairwoman or chair, is the presiding officer of an organized group such as a board, committee, or deliberative assembly. The person holding the office, who is typically elected or appointed by members of the grou ...
of
Z/Yen
Z/Yen is a commercial think-tank, consultancy and venture firm headquartered in the City of London. It works in the financial services, technology and voluntary sectors on research, performance review and strategic management. Founded in 1994, ...
, served as a
Sheriff of the City of London
Two sheriffs are elected annually for the City of London by the Liverymen of the City livery companies. Today's sheriffs have only nominal duties, but the historical officeholders had important judicial responsibilities. They have attended the ju ...
for 2019–2021.
Emeritus
''Emeritus'' (; female: ''emerita'') is an adjective used to designate a retired chair, professor, pastor, bishop, pope, director, president, prime minister, rabbi, emperor, or other person who has been "permitted to retain as an honorary title ...
Gresham Professor of Commerce
The Professor of Business at Gresham College, London, gives free educational lectures to the general public. The college was founded for this purpose in 1597, when it appointed seven professors; this has since increased to ten and in addition the c ...
at
Gresham College
Gresham College is an institution of higher learning located at Barnard's Inn Hall off Holborn in Central London, England. It does not enroll students or award degrees. It was founded in 1596 under the will of Sir Thomas Gresham, and hosts ove ...
,
he is founder of the
Long Finance initiative.
Alderman
An alderman is a member of a Municipal government, municipal assembly or council in many Jurisdiction, jurisdictions founded upon English law. The term may be titular, denoting a high-ranking member of a borough or county council, a council membe ...
for
Broad Street Ward
Ward may refer to:
Division or unit
* Hospital ward, a hospital division, floor, or room set aside for a particular class or group of patients, for example the psychiatric ward
* Prison ward, a division of a penal institution such as a pris ...
in the
City of London
The City of London is a city, ceremonial county and local government district that contains the historic centre and constitutes, alongside Canary Wharf, the primary central business district (CBD) of London. It constituted most of London fr ...
since 2013, Mainelli was elected
Alderman
An alderman is a member of a Municipal government, municipal assembly or council in many Jurisdiction, jurisdictions founded upon English law. The term may be titular, denoting a high-ranking member of a borough or county council, a council membe ...
ic
Sheriff
A sheriff is a government official, with varying duties, existing in some countries with historical ties to England where the office originated. There is an analogous, although independently developed, office in Iceland that is commonly transla ...
on 24 June 2019.
Education
Mainelli attended
Harvard College
Harvard College is the undergraduate college of Harvard University, an Ivy League research university in Cambridge, Massachusetts. Founded in 1636, Harvard College is the original school of Harvard University, the oldest institution of higher lea ...
,
Trinity College Dublin
, name_Latin = Collegium Sanctae et Individuae Trinitatis Reginae Elizabethae juxta Dublin
, motto = ''Perpetuis futuris temporibus duraturam'' (Latin)
, motto_lang = la
, motto_English = It will last i ...
and the
. His early scientific research in aerospace and computer graphics led to him starting Swiss companies in seismology, cartography and energy information from 1979 to 1984. He conceived and produced the first complete digital map of the world in 1983, Mundocart, as well as the $20 million
Geodat Geodat was a commercial project, begun in 1980 and completed by 1991, that provided digital geographic mapping data for commercial users at scales equal to or greater than 1:1,000,000. The term "Geodat" was derived from "GEOgraphic DATa". Geodat da ...
cartography
Cartography (; from grc, χάρτης , "papyrus, sheet of paper, map"; and , "write") is the study and practice of making and using maps. Combining science, aesthetics and technique, cartography builds on the premise that reality (or an im ...
project from 1980 to 1984.
Career
After joining
Arthur Andersen
Arthur Andersen was an American accounting firm based in Chicago that provided auditing, tax advising, consulting and other professional services to large corporations. By 2001, it had become one of the world's largest multinational corporat ...
in 1985, Mainelli became a
senior partner
A partner in a law firm, accounting firm, consulting firm, or financial firm is a highly ranked position, traditionally indicating co-ownership of a partnership in which the partners were entitled to a share of the profits as "equity partners". The ...
and board member of the accountancy firm
BDO Binder Hamlyn from 1987 to 1994.
Mainelli lectured on new concepts of money and the role of government, delivering and publishing a series of 28 free one-hour lectures on commerce at
Gresham College
Gresham College is an institution of higher learning located at Barnard's Inn Hall off Holborn in Central London, England. It does not enroll students or award degrees. It was founded in 1596 under the will of Sir Thomas Gresham, and hosts ove ...
in the
City of London
The City of London is a city, ceremonial county and local government district that contains the historic centre and constitutes, alongside Canary Wharf, the primary central business district (CBD) of London. It constituted most of London fr ...
while serving as Mercers' School Memorial Professor of Commerce from 2005 to 2009. The theme of his programme was "Society’s Commercial Choice – Risks and Rewards of Markets".
In 2005 Mainelli, in conjunction with Gresham College, the City of London Corporation and forty financial institutions, launched Long Finance's London Accord, an agreement to share environmental, social and governance research with policy makers and the public.
While co-founding Z/Yen in 1994, Mainelli had a spell in merchant banking with Deutsche Morgan Grenfell and served as Corporate Development Director of Europe's largest R&D organisation (then the UK Ministry of Defence's
Defence Evaluation and Research Agency
The Defence Evaluation and Research Agency (DERA) was a part of the UK Ministry of Defence (MoD) between 1995 and 2 July 2001. At the time it was the United Kingdom's largest science and technology organisation. It was regarded by its official hi ...
, DERA, now largely
QinetiQ and
DSTL
The Defence Science and Technology Laboratory (Dstl) is an executive agency of the Ministry of Defence of the United Kingdom. Its stated purpose is "to maximise the impact of science and technology for the defence and security of the UK". The a ...
, the Defence Science & Technology Laboratory) leading to two privatisations. At Z/Yen, Mainelli established the
Global Financial Centres Index
The Global Financial Centres Index (GFCI) is a ranking of the competitiveness of financial centres based on over 29,000 financial centre assessments from an online questionnaire together with over 100 indices from organisations such as the World ...
,
The London Accord, Long Finance, the Global Intellectual Property Index, the Global Green Finance Index, the Smart Centres Index, the Farsight Award, and other financial services initiatives. His area of current research encompasses the Distributed Futures research programme and he speaks quite frequently on his 25 years of research on 'smart ledgers' (''aka''
blockchains
A blockchain is a type of distributed ledger technology (DLT) that consists of growing lists of records, called ''blocks'', that are securely linked together using cryptography. Each block contains a cryptographic hash of the previous block, ...
) as well as other technologies.
Mainelli is a
chartered certified accountant
Founded in 1904, the Association of Chartered Certified Accountants (ACCA) is the global professional accounting body offering the Chartered Certified Accountant qualification (ACCA). It has 240,952 members and 541,930 future members worldwid ...
(FCCA), computer specialist (FBCS, CITP), securities professional (FCSI(Hons)) and management consultant (FIMC, CMC). He is a non-executive Director of the United Kingdom Accreditation Service (the UK's national body for standards and laboratories) where he is a proponent for competitive standards markets, and an AIM-listed company, Wishbone Gold plc. He is a
Fellow
A fellow is a concept whose exact meaning depends on context.
In learned or professional societies, it refers to a privileged member who is specially elected in recognition of their work and achievements.
Within the context of higher education ...
and
Trustee
Trustee (or the holding of a trusteeship) is a legal term which, in its broadest sense, is a synonym for anyone in a position of trust and so can refer to any individual who holds property, authority, or a position of trust or responsibility to t ...
of Gresham College, Visiting Professor at UCL's Bartlett School, Honorary Fellow of King's College London, and a former
visiting professor
In academia, a visiting scholar, visiting researcher, visiting fellow, visiting lecturer, or visiting professor is a scholar from an institution who visits a host university to teach, lecture, or perform research on a topic for which the visitor ...
of the
London School of Economics
, mottoeng = To understand the causes of things
, established =
, type = Public research university
, endowment = £240.8 million (2021)
, budget = £391.1 millio ...
.
In 2013,Mainelli was elected
Alderman
An alderman is a member of a Municipal government, municipal assembly or council in many Jurisdiction, jurisdictions founded upon English law. The term may be titular, denoting a high-ranking member of a borough or county council, a council membe ...
of
Broad Street ward for the
City of London Corporation
The City of London Corporation, officially and legally the Mayor and Commonalty and Citizens of the City of London, is the municipal governing body of the City of London, the historic centre of London and the location of much of the United King ...
. In 2015 he was awarded the title of . In 2020, having been a trustee from 2008, he was made an Honorary Life Fellow of Gresham College. He has held advisory posts at City University, Hitachi UK, and
HM Treasury
His Majesty's Treasury (HM Treasury), occasionally referred to as the Exchequer, or more informally the Treasury, is a department of His Majesty's Government responsible for developing and executing the government's public finance policy and ec ...
. Michael is Past Master of the
Worshipful Company of World Traders
The Worshipful Company of World Traders is one of the 110 Livery Companies of the City of London.
The Guild of World Traders was constructed in 1985 and it became a Company in 1993. Its petition for livery status was granted by the Court o ...
for 2017–18, and an honorary liveryman of the Furniture Makers, Water Conservators, Marketors, Tax Advisers, and International Bankers, an honorary freeman of the Educators, as well as a Craft-Owning Freeman of the Watermen & Lightermen.
Mainelli was elected
Sheriff of the City of London
Two sheriffs are elected annually for the City of London by the Liverymen of the City livery companies. Today's sheriffs have only nominal duties, but the historical officeholders had important judicial responsibilities. They have attended the ju ...
on 24 June 2019 and assumed office on 27 September 2019. Due to the
COVID-19 pandemic
The COVID-19 pandemic, also known as the coronavirus pandemic, is an ongoing global pandemic of coronavirus disease 2019 (COVID-19) caused by severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2). The novel virus was first identif ...
, he was asked by the electorate, and accepted, to extend his term till September 2021.
Awards and honours
* 2003 UK Smart Award for prediction software, and was British Computer Society "Director of the Year" (2004–05).
*
Member of the Order of St John (2019)
Writing
Mainelli has published over 50 journal articles, 200 commercial articles and four books, including the novel, "Clean Business Cuisine: Now and Z/Yen", written with Ian Harris. Mainelli's economics book, "The Price of Fish", also written with Ian Harris, applied his Gresham lecture series ideas to '
wicked problems
In planning and policy, a wicked problem is a problem that is difficult or impossible to solve because of incomplete, contradictory, and changing requirements that are often difficult to recognize. It refers to an idea or problem that cannot be fi ...
'. "The Price of Fish" won the 2012 Independent Publishers Gold Award for Finance, Investment and Economics.
Publications
Novels
*Michael Mainelli and Ian Harris,
Clean Business Cuisine: Now and Z/Yen', Milet Publishing (2000), , 160 pages.
Non-fiction
*Abdeldjellil Bouzidi and Michael Mainelli,
L’Innovation Financière Au Service Du Climat: Les Obligations À Impact Environnemental', Revue Banque (2017), , 123 pages.
*Michael Mainelli and Ian Harris,
The Price of Fish: A New Approach to Wicked Economics and Better Decisions', Nicholas Brealey Publishing (2011), , 328 pages
inner of the 2012 Independent Publisher Book Awards Finance, Investment & Economics Gold Prize
*Ian Harris and Michael Mainelli,
Information Technology for the Not-for-Profit Sector', ICSA Publishing (2001), , 224 pages.
Personal life
Mainelli married in 1996 Elisabeth (''née'' Reuß, 1964) and together they undertook the restoration of the
Thames sailing barge
A Thames sailing barge is a type of commercial sailing boat once common on the River Thames in London. The flat-bottomed barges with a shallow draught and leeboards, were perfectly adapted to the Thames Estuary, with its shallow waters and narr ...
''
Lady Daphne'', while he still lectures on, and supports, sailing barges and their history. He has been an International Member, International Financial Services Industry Advisory Committee,
Office of the Taoiseach –
Dublin, Ireland
Dublin (; , or ) is the capital and largest city of Ireland. On a bay at the mouth of the River Liffey, it is in the province of Leinster, bordered on the south by the Dublin Mountains, a part of the Wicklow Mountains range. At the 2016 cen ...
since 2015.
Arms
References
External links
www.cityoflondon.gov.ukwww.world-traders.org*
{{DEFAULTSORT:Mainelli, Michael
1958 births
Living people
English people of Italian descent
Italian people of Irish descent
American people of Irish descent
Harvard College alumni
Alumni of Trinity College Dublin
Alumni of the London School of Economics
British economists
Professors of Gresham College
21st-century English male writers
English male non-fiction writers
American economists