John Olcay
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John Olcay | |
|---|---|
| Born | Önder John Olcay 1940 |
| Died | 17 October 2014 (aged 73–74) New York City, United States |
| Citizenship | American |
| Occupation | Financier |
| Known for | Development of asset management services to central banks |
| Spouse |
Phoebe Miller (m. 1985) |
| Children | 3 |
Önder John Olcay (1940 - 17 October 2014) was a Turkish-American financier who was instrumental in the development of asset management services to central banks. As a partner of W. Greenwell & Co., he was also one of the first members of the London Stock Exchange not born in the UK or the British Commonwealth.[1]
Economist Adam Posen described him as "a trusted advisor to Central Bankers in particular around the world from Singapore to Switzerland and in between".[2]
Önder Olcay was born in İzmir in 1940, the son of Nahide (a lawyer and judge) and Süreyya Olcay.[3] He studied at Robert College in Istanbul, then at the Wharton School of the University of Pennsylvania where he obtained a Master of Arts and Master of Business Administration.
Career
Going by John Olcay while living in the United States, he then became a Vice President at the Bank of New York, helping to establish their first international office in London.[2] In the late 1960s, he started advising global Netherlands-based insurer Aegon N.V.,[1] of which he was later a supervisory board member from 1993 to 2008.[4]
In 1974, Olcay initiated a joint offering with the recently established Fischer Francis Trees & Watts (FFTW) to advise central banks and other investors on their management of US dollar-denominated assets. In 1983, Olcay joined FFTW on a full-time basis, and subsequently became a vice chairman and managing director of the firm.[1]
