Paola Sapienza is the Donald C. Clark/HSBC Chair in Consumer Finance Professor at the Kellogg School of Management. She also serves as a faculty research fellow in the National Bureau of Economic Research's program on corporate finance and political economy and a research affiliate of the Center for Economic Policy Research.
Sapienza's areas of expertise include banking and financial institutions, behavioral economics, behavioral finance, corporate finance, emerging markets and regulation of financial markets, private equity and venture capital. Her work has been published in such journals as the American Economic Review, the Quarterly Journal of Economics, the Journal of Finance, the Journal of Financial Economics, and Science. She has been featured in the Thompson Reuter/Clarivate list of most influential scientific minds in 2014, 2015, 2016, and 2018. Professor Sapienza has been an Associate Editor at the Journal of Economic Perspectives, Management Science, and the Journal of Finance. She is a Fellow of the European Corporate Governance Institute (ECGI) and she was elected director of the American Finance Association in 2011 for a three year term. She served on the board of the Academic Female Finance Committee (AFFECT) of the American Finance Association for four years, from 2015 to 2019
She received a bachelor's degree in economics from Bocconi University, and an MA and PhD in Economics from Harvard University.
Professor Sapienza was an independent board member of Assicurazioni Generali SpA, a publicly listed insurer, from April 2010 to May 2019. During this period, she was also a member of the investment and strategic committee, the audit and risk committee. Since April 2021, she is an independent director in TIM Group.