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Report of the General Board on the establishment of a Professorship of Financial Policy

The GENERAL BOARD beg leave to report to the University as follows:

1. In their Report, dated 30 October 2001 (Reporter, p. 240), the General Board recommended the establishment of the office of Director of the Cambridge Endowment for Research in Finance (CERF). The Report also stated that if, in the light of the consideration of applications by an Advisory Committee, and with reference to the criteria for promotion to a personal Professorship, the Board considered it appropriate for the Director to be appointed to a Professorship they would then report again to the University recommending the establishment of a fixed-term Professorship for a named person and its assignment to the Judge Institute of Management Studies. The recommendations of the Report were approved by Grace 13 of 12 December 2001. An Advisory Committee was appointed (Reporter, p. 911) and the Board have approved this Committee's recommendation that Lord Eatwell, University Lecturer in the Faculty of Economics and Politics, should be appointed to the Directorship of CERF for five years from 1 October 2002. On the advice of their Advisory Committee the Board further agreed to recommend that a Professorship of Financial Policy should be established and assigned to the Judge Institute of Management Studies, for Lord Eatwell for his tenure as Director of CERF.

2. The Board have ascertained that Lord Eatwell is willing to accept appointment to these offices. The Board accordingly propose that a Professorship should be established for five years, as specified above, for the person named.

3. The General Board recommend:

I. (a) That a Professorship of Financial Policy be established in the University from 1 October 2002 for five years, placed in Schedule B of the Statutes, and assigned to the Judge Institute of Management Studies.
(b) That Lord Eatwell, of Queens' College, be appointed to the Professorship.

II. That regulations for the Professorship be approved, as set out in the Schedule to this Report.

10 July 2002ALEC N. BROERS, Vice-ChancellorH. A. CHASEA. C. MINSON
 TONY BADGERANDREW CLIFFM. SCHOFIELD
 P. J. BAYLEYPETER LIPTONS. J. YOUNG
 N. O. A. BULLOCK 

SCHEDULE

Professorship of Financial Policy. 2002. Judge institute of Management Studies

1. The Professorship of Financial Policy shall be established for a single tenure of five years from 1 October 2002.

2. The Professor shall also hold the office of Director of the Cambridge Endowment for Research in Finance during his tenure, and shall vacate the Professorship if he ceases to hold the latter office.


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Cambridge University Reporter, 24 July 2002
Copyright © 2011 The Chancellor, Masters and Scholars of the University of Cambridge.