Founder’ s Award Honoree, Steven T. Kargman
A longstanding member of the III since 2003, Steven Kargman has played an active role in the Institute’ s leadership and intellectual development for more than two decades. He served two terms on the III Board of Directors( 2007 – 2013) and has contributed to a number of important institutional initiatives, including serving as Rapporteur for the III Special Task Force on Extraordinary Restructuring Solutions following the global financial crisis of 2008-2009 and as Rapporteur for the Board of Governors’ strategic planning project. He also served as Vice-Chair of the Board’ s Corporate Governance Committee.
Steven has been particularly influential on emerging market and sovereign debt restructuring issues. He served as Co-Chair of the Sovereign Debt Committee, Project Director of the III project on the restructuring and privat
ization of state-owned enterprises in Greece during the Greek financial crisis, and Co-Chair of the Institute’ s Athens conference on that topic in 2011. He also co-authored an III-endorsed proposal for the establishment of a Sovereign Debt Tribunal and represented the Institute at meetings of a United Nations ad hoc committee on principles for sovereign debt restructuring.
Steven has also been a consistent presence at III Annual Conferences, as a frequent speaker as well as a moderator of panels in conference cities such as New York, Berlin, Rome, Paris, Naples, and Singapore. In addition, he has supported the growth of the Institute by sponsoring numerous candidates for membership and for the NextGen program, particularly from emerging markets and developing countries.
Through his leadership, scholarship, and sustained engagement with the III community, Steven Kargman has made a lasting contribution to the Institute and to the broader international restructuring field. The III is honored to recognize him with the 2026 Founders Award.
Read Leonard Gilbert ' s remarks for Steven T. Kargmann from the conference here.
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