CAMBRIDGE, Mass., March 4, 2019 /PRNewswire/ -- The MIT Sloan School of Management recently announced that S.P. Kothari, the Gordon Y. Billard Professor of Management and former deputy dean, was appointed chief economist and director of the Division of Economic and Risk Analysis (DERA) at the U.S. Securities and Exchange Commission.
"S.P.'s contributions to our community are too numerous to count. I am grateful for his partnership during his tenure as deputy dean and as a leader amongst our faculty. We will miss him during his leave of absence, but we congratulate him and wish him well on this new endeavor," says MIT Sloan Dean David Schmittlein.
SEC Chairman Jay Clayton notes, "S.P. brings with him wide-reaching insight from his decades spent as a leader in applying sophisticated research to the operation of our financial markets, including first-hand experience from his time in the private sector. His leadership will guide DERA well in the research and analysis it provides in support of the Commission's work on behalf of Main Street investors."
Kothari says, "I am honored to join the SEC's team of dedicated economists, whose work is well-known and respected throughout the discipline. I look forward to working with the staff and the Commission to explore the important economic issues affecting investors and our markets."
During his two decades at MIT Sloan, Kothari has been both a professor and administrator. Most recently, he served for six years as deputy dean. Previously, he was head of the Department of Economics, Finance, and Accounting.
He also has been co-chair of the Board of Governors of Asia School of Business, Kuala Lumpur, faculty director of the MIT-India Program, and editor of the academic publication Journal of Accounting & Economics.
From 2008-2009, Kothari served as global head of equity research for Barclays Global Investors, where he was responsible for research supporting the firm's active equity strategies. In addition, he managed a team of approximately 50 PhDs based around the world.
Kothari earned his B.S in Engineering from the Birla Institute of Technology and Science and his MBA from the India Institute of Management. He completed his PhD from the University of Iowa.
The MIT Sloan School of Management is where smart, independent leaders come together to solve problems, create new organizations, and improve the world. Learn more at mitsloan.mit.edu.
SOURCE MIT Sloan School of Management