Smith School to Open New Center for Financial Policy

On Tuesday, the University of Maryland’s Robert H. Smith School of Business announced that finance industry leaders Clifford Rossi and William Longbrake have joined the school to lead the new Center for Financial Policy, which will be launched this fall. Rossi was named managing director of the center and Longbrake will serve as an executive-in-residence and senior policy advisor.

The Center for Financial Policy will develop thought leadership in financial policy that impacts corporate performance, capital allocation and the stability of the global financial system. Located in Washington, D.C., at the Smith School’s campus in the Ronald Reagan Building and International Trade Center, the center will formally launch in November with a roundtable event with public policy and industry leaders discussing executive compensation.

“The financial crisis highlighted the need for a broader, interdisciplinary perspective to addressing financial policy and corporate governance issues and Cliff and Bill bring decades of industry knowledge and insight to the Center for Financial Policy,” said Lemma Senbet, the William E. Mayer Chair Professor of Finance and director of the center. “Our hope is for government financial regulatory agencies, congressional staffers, industry associations and corporations to look to the center as a partner and champion of best practices in the financial arena.”

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