Robert A. Jarrow, Ph.D. Biography

Managing Director, Research

Robert Jarrow was named managing director and director of research of the Kamakura Corporation in February 1995. He retains his current position as Professor of Investment Management at Cornell University's S.C. Johnson Graduate School of Management where he has been a professor since 1979.

Dr. Jarrow received an A.B. in Mathematics and Management Science from Duke University, his M. B. A. in Finance from the Amos Tuck School of Business at Dartmouth College, and his Ph. D. in Finance with a minor in Economics from the Massachusetts Institute of Technology.

Dr. Jarrow works on new product developments and applications for the Kamakura Risk Manager software system, and actively participates in Kamakura's consultations to corporate boards and senior management on such issues as risk management practices, derivative valuation audits, and asset liability management techniques.

The International Association of Financial Engineers named Professor Jarrow the Financial Engineer of the Year in 1997. He was inducted into the Fixed Income Analysts Hall of Fame in 2004, and is included in Risk Magazine's 50-member Hall of Fame. He is also currently both an FDIC senior fellow and an IAFE senior fellow.

As one of the world's foremost authorities on bond market dynamics and foreign exchange, Dr. Jarrow is an originator of the Heath-Jarrow-Morton multi-factor term structure model, and the author of four books and more than one hundred thirty research articles on derivatives and risk management. Dr. Jarrow also serves in an editorial capacity for various distinguished academic journals in finance, including Mathematical Finance, the Review of Derivatives Research, the Journal of Derivatives, and the Journal of Fixed Income.

For a complete listing of publications, working papers, books, etc., please see Dr. Jarrow's vita.