FOR IMMEDIATE RELEASE
Loyola Appoints Inaugural Director of Center for Integrated Risk Management and Corporate Governance
CHICAGO, September 26, 2006 Loyola University Chicago announced today that Donald Schwartz, PhD, has been named the inaugural director of the School of Business Administration’s Center for Integrated Risk Management and Corporate Governance. With more than 25 years of experience in both market and financial risk management with two premier companies, Schwartz brings the leadership and ability to carve out a path for the recently formed interdisciplinary center.
Dr. Schwartz comes to Loyola with vast experience and success at both Cargill, Inc. and Chase Manhattan Banking Corporation. As an officer of two Cargill subsidiaries, Schwartz consulted with corporations and governments to design and implement hedging strategies while also remaining active in developing products, markets, and business related to risk management. At Chase, Schwartz was the president and CEO of the exchange traded derivative brokerage business and a managing director and senior officer in the global markets division. His business transacted on exchanges around the world, serving large financial institutions, global asset managers, governments, and hedge funds.
“Effective risk management is integral to the success of any organization,” said Schwartz. “This center offers exciting opportunities for Loyola to enhance its mission of teaching and research in this important area as well as to expand its service to the business and the non-profit sectors.”
“The center is a catalyst to integrate and realize areas of competitive strength, including risk analysis, regulation, law, and social responsibility within the business school and the University,” said Abol Jalilvand, PhD, dean of the School of Business Administration. “Don Schwartz brings significant leadership and experience to this important initiative. We are very fortunate to have him as director of this center.”
About the Center for Integrated Risk Management and Corporate Governance
The Center for Integrated Risk Management and Corporate Governance was founded in February 2006 as a joint venture between Loyola University Chicago’s business and law schools. With its holistic and interdisciplinary approach, the center integrates a variety of core competencies, including: economics, finance, information systems, law, ethics, philosophy, psychology, environmental science, and leadership. Promoting research, teaching, and outreach activities both nationally and internationally, the center’s activities lead to the creation of a knowledgeable and effective workforce capable of addressing the increasing complexities and uncertainties that organizations face today, ultimately building a stronger, more ethical, and healthier society.
About Loyola University Chicago
Committed to preparing people to lead extraordinary lives, Loyola University Chicago was founded in 1870 and is among the largest of the 28 Jesuit colleges and universities in the United States. Loyola has a total enrollment of more than 15,000 students, which includes nearly 10,000 undergraduates hailing from all 50 states and 82 foreign countries. The University has four campuses: three in the greater Chicago area and one in Rome, Italy. Loyola also serves as the U.S. host university to the Beijing Center for Chinese Studies in Beijing, China. Loyola’s nine schools and colleges include arts and sciences, business administration, education, graduate studies, law, medicine, nursing, professional studies, and social work. Loyola offers 69 undergraduate majors, 77 master’s degrees, 36 doctoral degrees, and three professional degree programs. Recognizing Loyola’s excellence in education,U.S. News and World Report has ranked Loyola consistently among the “top national universities” in its annual publications. For more information, please visit our web site at www.luc.edu.