Baylor Names New Chief Investment OfficerJune 16, 2010
After a comprehensive national search, Baylor University named Dr. R. Brian Webb, BBA '77, MBA '79, managing director of UBS Global Asset Management in Dallas, as the university's Chief Investment Officer. He joined Baylor on June 1.
Webb works directly with the Baylor Executive Investment Committee, a group of investment professionals who are appointed by the Board of Regents and charged with the responsibility of oversight of the day-to-day practices and operations of the endowment by the Office of Investments.
"Dr. Webb has worked with large institutional investors and across substantial pools of capital around the world for the past 17 years," said Dr. Reagan Ramsower, BBA '74, MS '76, vice president for finance and administration. "His academic research in all of the facets of modern portfolio theory and other investment strategies will enrich Baylor's endowment strategies."
A native Texan, Webb began his career in academia as a lecturer in finance and economics at Baylor from 1979-81. He earned his doctorate in finance at the University of North Carolina, Chapel Hill. Webb most recently served as CEO of UBS AgriVest since 2004.
"I look forward to working with the faculty, staff, alumni and others in growing the endowment in line with the goals of the university," Webb said.
Webb and his wife Margaret, BSED '81, have three children: son Brad, BBA '06, and his wife Remy, BA '07; daughter Emily, BBA '07, MSECO '09; and son Russell, a sophomore at Baylor.
Webb's selection follows a national search to fill the position after Kent Muckel left Baylor in December 2009 to join global asset management firm Perella Weinberg Partners in Colorado.