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Jamaican Named First Black Dean At NYU School Of Business

CaribWorldNews, NEW YORK, NY, Weds. Sept. 16, 2009: A Jamaica-born Rhodes Scholar has made history by becoming the first black dean of The Stern School of Business at New York University.

Peter Blair Henry will take up the top post from next January, according to the Network Journal. Henry is currently the Konosuke Matsushita Professor of International Economics at the School of Humanities and Sciences at the Stanford Graduate School of Business.

Henry was the leader of the Obama Transition Team`s review of the International Monetary Fund, World Bank, and other international lending agencies.

He is also the John and Cynthia Fry Gunn Faculty Scholar, and Associate Director of the Center for Global Business and the Economy at the Stanford University Graduate School of Business. He is also a senior fellow of the Stanford Institute for Economic Policy Research, a Research Associate at the National Bureau of Economic Research, a Nonresident Senior Fellow of the Brookings Institution, and a member of the Council on Foreign Relations.

From 2000-2001 he was a National Fellow at the Hoover Institution. The National Science Foundation`s Early CAREER Development Program supported his research and teaching from 2001-2006. In 2004 Peter participated in the Copenhagen Consensus, an international conference on how to make the most efficient use of the world`s scarcest resources. The Economist magazine named the published proceedings of the conference one of the best business books of 2004.

The author of numerous articles and book chapters, Henry is best known for a series of publications in the three flagship journals of the American Economic Association that overturn conventional wisdom on the topics of debt relief, international capital flows, and the role of institutions in economic growth: `Debt Relief` Journal of Economic Perspectives (Winter 2006); `Capital Account Liberalization: Theory, Evidence, and Speculation` Journal of Economic Literature (December 2007); `Institutions vs. Policies: A Tale of Two Islands` American Economic Review (May 2009). He is currently writing a book for Oxford University Press.

`I would like to thank the members of the search committee – led by Prof. Eitan Zemel – for their efforts in delivering to the Stern School a dean of such outstanding talent. The success of their hard work and discernment will resonate for years to come,` commented NYU President John Sexton recently.

Provost David McLaughlin added, `Peter Blair Henry`s outstanding stature as a scholar reflects NYU`s finest tradition as a research university and the academic priorities of our faculty. But he brings to this deanship something more, something just as important: the Stern School is poised to be recognized as one of the truly top business schools in the country, and the character and self-confident leadership he possesses is precisely what the school needs now to achieve that.`

Henry received his PhD in economics from the Massachusetts Institute of Technology in 1997. While in graduate school, he served as a consultant to the Governors of the Bank of Jamaica and the Eastern Caribbean Central Bank. His research at the ECCB contributed to the intellectual foundation for establishing the first stock market in the Eastern Caribbean Currency Area.

Prior to attending MIT, Peter was a Rhodes Scholar at Oxford University where he received a BA in mathematics and a Full Blue in basketball. He also holds a BA in economics from The University of North Carolina at Chapel Hill where he was a Morehead Scholar, a National Merit Scholar, a member of Phi Beta Kappa, a Marshall Scholar-Elect, a reserve wide receiver on the varsity football team, and a finalist in the 1991 campus-wide slam-dunk competition.

Henry became a naturalized U.S. citizen in 1986. He is married to Lisa J. Nelson, a child psychiatrist and the couple has four sons.