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Michael Raymond Mainelli (born 19 December 1958) is an American-born scientist, economist, and accountant, known for being of Z/Yen, Sheriff of the City of London for 2019–21, and the 695th Lord Mayor of the City of London for 2023/24. www.arabnews.com

An Professor of Commerce of , and founder of the Long Finance initiative, Mainelli has been Alderman for Broad Street Ward in the City of London since 4 July 2013, and was elected Sheriff on 24 June 2019, serving for two terms.


Early life and education
His mother, Katherine ( Smith), and father, Michael Mainelli, are and respectively, and his paternal grandmother is of . His father worked as a mechanical engineer, and at one time was a project manager on the for .

From 1973 to 1977, Mainelli attended Bishop Moore High School in Orlando, Florida, where he was first introduced to computing, and spent three summers working as a programmer for on .

Mainelli attended Harvard University where he was a resident of and graduated with a BA degree in Government in 1984, including a year reading Engineering and Mathematics at Trinity College Dublin (1980/81). Mainelli later completed an (1997) and (2004) at the London School of Economics in with a doctoral titled Development of a risk-reward meta-methodology, under the supervision of Ian Angell. www.lse.ac.uk


Career

Early career
Mainelli's early research in aerospace and computer graphics at the Harvard Laboratory for Computer Graphics and Spatial Analysis led him to start Swiss companies in seismology, cartography, and energy information for , an oil and gas information services company, from 1979 to 1984. He produced Mundocart, a complete 1:1,000,000 digital map of the world for use in in 1983, while directing the project. Mainelli left Petroconsultants in 1985, and joined a year later as a senior manager. He later became a and board member of the accountancy firm from 1987 to 1995.

While co-founding Z/Yen in 1994, Mainelli pursued with Deutsche Morgan Grenfell and was Corporate Development Director at the UK Ministry of Defence's Defence Evaluation and Research Agency (now largely and the Defence Science and Technology Laboratory). At Z/Yen, Mainelli established the Global Financial Centres Index, 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 includes Distributed Futures and he speaks on his research on 'smart ledgers' ( aka ) as well as other technologies.


Present day
A and of Gresham College, Mainelli is a visiting professor of UCL's Bartlett School of Sustainable Construction, Honorary Fellow of King's College London, an Economic and Business Faculty Fellow of Goodenough College, and a former Visiting Professor of the London School of Economics. He is the current Chairman of Z/Yen Group. In 2005 Mainelli, in conjunction with Gresham College, the City of London Corporation and financial institutions, launched Long Finance's London Accord, an agreement to share environmental, social and governance research with policy makers and the public. Mainelli has lectured on new concepts of money and the role of government, publishing 28 one-hour , while serving as Professor of Commerce from 2005 to 2009. The theme of his programme was "Society’s Commercial Choice – Risks and Rewards of Markets".

Mainelli is a chartered certified accountant (FCCA), computer specialist (FBCS, CITP), securities professional (Hon. FCSI) and management consultant (FIMC, CMC). He is a non-executive Director of the United Kingdom Accreditation Service and Wishbone Gold plc, an AIM-quoted company. He has been an international member of the International Financial Services Industry Advisory Committee to the Office of the Taoiseach – Dublin, Ireland since 2015. In 2015 he was elected a Consigliere del Senato Accademico of L’Accademia Tiberina. In 2020, having served as a Trustee from 2008, he received Honorary Life Fellowship of Gresham College. He has held advisory posts at City, University of London, Hitachi UK, and . Mainelli was elected an of in February 2023, and was appointed President of the London Chamber of Commerce & Industry on 15 January 2025.


City of London

Aldermanic and Shrieval career
First elected for Broad Street Ward on the City of London Corporation in 2013, Mainelli is a of the Worshipful Company of World Traders (for 2017–18), and an Honorary Liveryman of the Furniture Makers', Water Conservators', Marketors', Tax Advisers', Management Consultants', Security Professionals', Engineers', Chartered Architects', Playing Card Makers', International Bankers', and Scientific Instrument Makers' , an Honorary Freeman of the Educators' Company, and of the Company of Entrepreneurs. A Craft-Owning Freeman of the Company of Watermen and Lightermen, he is also the sponsoring Alderman for the Company of Communicators in their process of obtaining . On the 19 December 2024, Mainelli was elected to a third term as Alderman for Broad Street Ward.

Mainelli was elected Sheriff of the City of London on 24 June 2019, assuming office on 27 September 2019. In view of the global disruption to public life brought about by the COVID-19 pandemic, Mainelli was re-elected, on 24 June 2020, to serve a second term as Sheriff of London for 2021.


Lord Mayor of the City of London
On 29 September 2023, Mainelli was elected Lord Mayor of the City of London, and took office on 10 November 2023, becoming the first American-born person to do so. Mainelli's mayoral theme was 'Connect To Prosper', an initiative that aimed to highlight the City of London's ability to solve global challenges. It championed the "scientific, academic and business worlds", going beyond the traditional support of finance and professional services usually associated with the role.


Writing
Mainelli has published more than 50 journal articles, 250 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 "".


Publications

Novels


Non-fiction


Personal life
Mainelli married Elisabeth ( Reuß, 1964) in 1996. Together they undertook the restoration of the SB Lady Daphne, a Thames sailing barge built in 1923. Mainelli still supports and lectures on sailing barges and their history, having sold the SB Lady Daphne upon completing renovation in 2017. He is a committee member of the Thames Sailing Barge Match, the second oldest sailing race in the world.


Awards and honours

Awards
  • Department of Trade and Industry SMART Award (2003) for Z/Yen's predictive analytics software
  • British Computer Society IT Director of the Year (2004–05)
  • Independent Publishers Gold Award for Finance, Investment and Economics (2012) - "The Price of Fish: A New Approach to Wicked Economics and Better Decisions"


Honours
  • Knight of Justice of the Order of St John (KStJ) – 31 January 2024
    • Member of the Order of St John (MStJ) – 21 October 2019
  • Commander of the Order of Merit of the Italian Republic (OMRI) – 18 October 2024


Arms

External links

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