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News Sep 18, 2017

ICSID Appointment of Partner Yas Banifatemi to the ICSID Panel of Arbitrators

Dr. Jim Yong Kim, President of the World Bank Group, has appointed Shearman & Sterling partner Yas Banifatemi (Paris-International Arbitration) to the Panel of Arbitrators of the International Centre for Settlement of Investment Disputes (ICSID) for a term of six years, effective September 16, 2017.

Members of the prestigious panel may be called by ICSID to serve on tribunals where a party fails to nominate an arbitrator within the prescribed time or where the parties cannot agree on a President for the Tribunal. The qualifications of designees to the Panel of Arbitrators are set forth in Article 14 of the 1965 Washington Convention, which provides that those designated to serve on the panels must be “persons of high moral character” with “recognized competence” in the field of law.

Yas is Deputy Managing Partner of the firm’s International Arbitration practice and heads Shearman & Sterling’s Global Public International Law practice. She acts as counsel and arbitrator in proceedings conducted pursuant to a variety of arbitration rules, with particular focus on investment protection and oil and gas disputes. She is a Vice-President of the ICC Court of Arbitration and a member of the LCIA Court of Arbitration. Yas holds a Ph.D in Public International Law, lectures on Investment Law at Université Panthéon-Sorbonne (Paris I) and is a Visiting Lecturer in Law at Yale Law School.

Repeatedly distinguished as an “excellent practitioner,” a “star performer” and a “brilliant lawyer with a sharp intellect,” Yas has also been praised as “one of the best technicians in the international investment arbitration field” with a “thorough understanding of the law she practices.” Yas’ appointment to the ICSID Panel of Arbitrators further confirms her standing as one of the most prominent international arbitration and public international law practitioners worldwide.