Loyola University Chicago

Loyola University Chicago

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Loyola University Chicago Appoints Internationally-Known Scholar  to School of Business Administration’s Considine Chair in Applied Ethics

CHICAGO, May 1, 2007 – Loyola University Chicago announced today that Robert W. Kolb, PhD, has been appointed to the Considine Chair in Applied Ethics within its School of Business Administration. The chair will be housed in the recently created Center for Integrated Risk Management and Corporate Governance. The center’s primary mission is to strengthen the knowledge and advance the application of enterprise-risk management to better identify, modify, monitor, and manage all risk exposures.

“I am delighted to be joining Loyola, a university known for its commitment to ethics, social justice, and academic excellence,” commented Dr. Kolb. “Chicago is a vibrant business community, and Loyola is in the heart of it. The Center for Integrated Risk Management and Corporate Governance is a one-of-a-kind center, and I look forward to being part of it.”

Dr. Kolb served as the Shane Faculty Fellow and assistant dean for Business and Society, a program focusing on business ethics and the role of commerce in society at the Leeds School of Business at the University of Colorado. Under his direction, the school became a national leader in “business and society,” and was ranked in the top tier by Beyond Grey Pinstripes, a leading ethics magazine program of the Aspen Institute.

“Dr. Kolb’s academic qualifications and professional experience provide a great fit in addressing the multiple demands of the position,” said Abol Jalilvand, dean of Loyola’s School of Business Administration. “He is extremely well-respected as a scholar and a teacher in the fields of finance, particularly in financial risk management and business ethics.”

Dr. Kolb’s writing has appeared in a number of top journals and is published in many books used by both academic and professional bodies, including the U.S. Commodity Futures Trading Commission in Washington, DC. His recent writings include Financial Derivatives 3e, Understanding Futures Markets 6e, and Futures, Options, and Swaps 5e (all co-authored by James A. Overdahl). Dr. Kolb earned two PhDs from the University of North Carolina at Chapel Hill, one in philosophy in 1974 and one in finance in 1978.

“I welcome Dr. Kolb to this important appointment that brings together the concepts of risk management and responsible leadership, central characteristics of a Loyola business education,” commented Michael Garanzini, S.J., president of Loyola University Chicago. “With doctorates in philosophy and finance, he is uniquely qualified to hold this endowed chair.”

Before coming to Loyola, Dr. Kolb had a long career as a finance professor at the University of Florida, Emory University, University of Miami, and the University of Colorado. During this time, he published more than 50 academic research articles and more than 20 books. In 1990, he founded Kolb Publishing Company to publish finance and economics university texts. He later sold the firm to Blackwell Publishers of Oxford, England. Dr. Kolb has also edited The Ethics of Executive Compensation and is currently editor-in-chief of the Encyclopedia of Business Ethics and Society, forthcoming in 2007 from Sage Publishers.

About Loyola’s School of Business Administration

Loyola’s School of Business Administration (SBA) is a premier undergraduate business program in Chicago, offering students a rigorous business curriculum combined with a well-rounded core of arts and sciences. The SBA also provides access to valuable opportunities for top internships and study-abroad programs. Its Graduate School of Business (GSB) is committed to developing responsible leaders who value integrity, innovation, and a global perspective in business. Loyola’s MBA program is consistently ranked among the top 20 part-time MBA programs by U.S. News & World Report (2008).

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.

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