Complex sentence: In 1992 he held the chair of president of the American Finance Association, he became a member of the American Academy of Arts and Sciences in 1996 and, since 2002, he is a board member of the European Corporate Governance Institute.
Split into simpler sentences: In 1992 he held the chair of president of the American Finance Association. He became a member of the American Academy of Arts and Sciences in 1996 and, since 2002, has been a board member of the European Corporate Governance Institute.