May 20, 2004
Troy, N.Y. — Walé F. Adeosun, chartered financial analyst,
has been named treasurer and chief investment officer at
Rensselaer Polytechnic Institute.
The treasurer and chief investment officer, a newly created
position at Rensselaer, will facilitate management of the
Institute’s assets and liabilities including managing endowment
and pension plan investments and other financial capital
assets, according to Virginia C. Gregg, vice president for
finance and chief financial officer at Rensselaer. The
treasurer and chief investment officer will work closely with
the president, investment committee of the board of trustees,
and the vice president for finance and chief financial
officer.
“As the Institute expands, guided by
The
Rensselaer Plan
, the complexity of our investments
grows with it. Walé Adeosun’s experience in major corporate and
nonprofit organizations will enhance our existing financial
management practices and infrastructure to help us reach our
long-term business goals,” Rensselaer President Shirley Ann
Jackson said.
Adeosun has 12 years of experience in pensions and investment
management. Prior to joining Rensselaer, he was managing
director, public equities, for the John D. and Catherine T.
MacArthur Foundation, where he was responsible for $1.5 billion
in U.S. equities investments and the marketable alternatives
program. The John D. and Catherine T. MacArthur Foundation,
headquartered in Chicago, describes itself as a private,
independent grant-making institution dedicated to helping
groups and individuals foster lasting improvement in the human
condition. Previously, Adeosun was manager, pensions and risk
management, for Inland Steel Industries and for Ryerson Tull
Corporation, a former subsidiary of Inland Steel
Industries.
Adeosun is a chartered financial analyst (CFA), a member of
CFA Institute; board member, Investment Analysts Society of
Chicago; board member, the Investment Praxis Program at
Washington University in St. Louis; and board member, the
Cabrini-Green Tutoring Program in Chicago, Ill.
Adeosun received his MBA from the John M. Olin School of
Business at Washington University in Saint Louis, Mo., with a
concentration in finance, and has an undergraduate degree in
economics and business administration from Coe College, in
Cedar Rapids, Iowa.
Adeosun joined Rensselaer on May 17, 2004.
Contact: Theresa Bourgeois
Phone: (518) 276-2840
E-mail: bourgt@rpi.edu