Rafael Romeu, Ph.D. 

Rafael Romeu is the President and CEO of DevTech Systems, Inc., (DevTech). He oversees all aspects of DevTech’s business operations and serves as DevTech’s representative in professional forums. He holds a Ph.D. in international finance from the Department of Economics of the University of Maryland, College Park. 

Dr. Romeu joined DevTech from the International Monetary Fund (IMF), where he worked since 2001. From 2010 on, he served in the IMF’s Fiscal Affairs Department, as the fiscal economist assigned to Spain. 

Prior to the European Financial Crisis, Dr. Romeu worked on a number of other IMF country assignments providing fiscal policy guidance for financial support to low-income countries, extending financial support to middle income countries implementing structural reforms, as well as carrying out IMF macro-fiscal surveillance. He has worked in Armenia, Venezuela, Uruguay, Jamaica, Trinidad & Tobago, Panama, and Cuba, among others. 

Before joining the IMF, Dr. Romeu held positions at the Board of Governors of the Federal Reserve and the Central Bank of Venezuela. He has been consulted by the US Department of State and the US Department of the Treasury on economic issues relating to Latin America and the Caribbean. 

Dr. Romeu’s research has focused on fiscal policy sustainability, economic development in Latin America and the Caribbean and financial market microstructure. Dr. Romeu co-led the development of the IMF’s flagship Historical Public Finances in Modern History project, which documented two-hundred years of the history of budget deficits and government debts over the period 1800-2011. He has published numerous peer reviewed journal articles, and several chapters in books. In 2001, he published two books on the emergence of retail equity trading platforms with direct access to information on the Nasdaq order book. Dr. Romeu is fluent in Spanish and Portuguese.