Financial Education for Securities, Banking, & Insurance Professionals.
Endowed Chairs and Professorships
The American College conducts and promotes research in a number of specific academic disciplines, including financial and general well-being across the life span, economic security issues, ethical challenges that face business and the professions, the qualities of creative leadership, and the management of life insurance agencies. A large portion of this research activity is carried on by American College faculty members who occupy the endowed chairs and professorships described below.
Roger Hull-James S. Bingay Chair of Leadership
The Hull-Bingay Chair honors the late Roger Hull, a past chairman of The College's Board of Trustees and a former chairman of Mutual of New York, and the late James S. Bingay, a former trustee of The College and past president and CEO of Mutual of New York. The chair's financial support comes primarily from associates of Mutual of New York and from matching and corporate contributions. The chairholder's mission is to identify qualities of leadership in business, education, and government and encourage their development in potential leaders.
Charles Lamont Post Chair of Ethics and the Professions
The Post Chair was funded by the generous contributions of the late Charles Lamont Post, one of the insurance industry's most distinguished members and a loyal supporter of The College ever since he obtained his CLU® in 1929. The chairholder is charged with improving understanding and broadening knowledge of the moral and ethical choices that face professional men and women. To accomplish this goal, the chairholder both writes and teaches about the social responsibilities and ethical challenges that face individuals and organizations. The writings are then used to strengthen The College's curriculum in both its designation and degree programs.
Frank M. Engle Distinguished Chair in Economic Security Research
In 1976, the late Frank M. Engle, a leading insurance agent and business executive in Tulsa, Oklahoma, funded the Engle Lecture series. In 1984, Mr. Engle increased his gift to The College to endow the Frank M. Engle Distinguished Chair in Economic Security Research. From 1984 until his death in 1996, Mr. Engle continued to make generous contributions to the endowment fund. The chairholder's mission is to support educational and research programs related to issues of economic security, financial institutions, financial markets, and the worldwide integration of financial services. To stimulate study of these topics, the chairholder contributes to graduate courses and oversees the presentation of each year's Engle Lecture.
George G. Joseph / Richard A. Liddy Chair in Practice Management
This chair is funded largely by members of the General Agents and Managers Conference and honored George Joseph upon his retirement as president of the Life Insurance Marketing and Research Association (LIMRA). It affirms The American College's commitment to professional management education oriented toward life insurance agency management. The chairholder's mission includes the design and implementation of professional management education courses, as well as continuing education programs in management, such as seminars and workshops, research and publications related to contemporary agency management, and other academic and industry activities related to management education.
Charles J. Zimmerman Chair in Life Insurance Education
The Zimmerman Chair honors the late Charles J. Zimmerman, CLU®, one of the twentieth century's most highly respected leaders in the life insurance industry. His influence on the advancement of education and ethics as a trustee of The College added immeasurably to the life insurance profession. Mr. Zimmerman believed passionately in the value of The American College, and no one was more committed to giving his time, talent, and financial resources to support the growth and development of the institution. True to this commitment, Mr. Zimmerman bequeathed The College a sum with which to endow a chair in life insurance education. With the additional financial support of his associates and the Connecticut Mutual Foundation, The College was able to establish the Charles J. Zimmerman Chair in Life Insurance Education. The chairholder's mission is to support the advancement of learning and professionalism for individuals preparing for a career in life insurance and related financial services. The chairholder is responsible for contributing to The College's courses and programs by writing educational and professional materials, publishing the results of applied research, maintaining a high level of knowledge regarding current industry issues, and developing ongoing professional relationships with insurance faculty at traditional colleges and universities.
Joseph E. Boettner Chair in Financial Gerontology
The Boettner Chair honors the late Joseph E. Boettner, CLU®, a leader in the life insurance industry who devoted most of his life to looking after the financial needs of others. The chair's funding was provided by the generosity of both Joseph and Ruth Boettner. The chairholder's mission is to advance understanding of the relationship between aging and financial well-being through teaching and writing about the impact of aging on financial security and life satisfaction.
Sallie B. and William B. Wallace Chair in Philanthropy
The Sallie B. and William B. Wallace Chair in Philanthropy is named in honor of its benefactors, Mr. and Mrs. Wallace, well-respected philanthropists with close ties to The American College and the insurance industry. Initially funded through annual gifts, the Chair will later be endowed through a charitable trust set up by the Wallace family. The mission of the Wallace Chair is to advance learning and professionalism in philanthropy through The College's educational programs. The purpose of the chair is to raise the overall level of charitable giving by educating professional fundraisers serving the more than 1 million nonprofit organizations throughout the United States, in particular through the establishment of the Chartered Advisor in Philanthropy® certificate program. The program will cover the technical aspects of estate planning, trusts, and charitable giving, as well as the nontechnical aspects of fundraising, including communication and motivation.
Larry Pike Chair in Insurance and Investments
The Larry R. Pike Chair in Insurance and Investments was established by The College and the Union Central Life Insurance Company to support the advancement of learning and professionalism in these areas. The chair is named for Larry R. Pike, CLU®, retired chairman of the board of the Union Central Life Insurance Company, and a past trustee of The American College. Mr. Pike is a highly respected insurance industry leader and a role model who has made significant contributions to the industry and to Union Central. Union Central is creating a $1.5 million endowment to sponsor this chair through an annual corporate gift and purchase of life insurance contracts on more than 200 of its field and home office associates who are CLU®s, ChFC®s, or LUTCFs. Funding for the endowment also will come from individual gifts from field and home office associates of the company.
O. Alfred Granum Chair in Management
The O. Alfred Granum Chair in Management was established through funding by Northwestern Mutual Foundation and more than 70 managing partners, agents, and associates, including Mr. Granum. A 50-year MDRT member from Downers Grove, Illinois, O. Alfred Granum, CLU® is a 2003 recipient of the Solomon S. Huebner Gold Medal. Mr. Granum had a long and distinguished career with Northwestern Mutual, where he helped several generations of career financial representatives in the Northwestern Mutual Financial Network. His teaching extends throughout the industry and the underlying principles he promotes, "Be Referred, Get FACTS, Practice CLU®," are timeless. The purpose of the chair is to support research and development of programs to improve management and leadership in the financial services industry.
Jarrett L. Davis Distinguished Professorship in Finance and Accounting
The Jarrett L. Davis Distinguished Professorship in Finance and Accounting is funded through the efforts of Jarrett L. Davis, CLU®, Atlanta, GA, a former trustee of The College, a past-president of the American Society of CLU® & ChFC®, and a member of the board of The American College Endowment Foundation. The mission of the Davis Professorship is to develop, promote, and implement The College's programs within the fields of finance, financial/fund/statutory accounting and reporting, financial statement analysis, business valuation, agency and company financial management, risk management, and specialized company and other financial and accounting issues.
Charles E. Drimal Estate Planning Professorship
The Penn Mutual Life Insurance Company recently established the Charles E. Drimal Estate Planning Professorship in honor of the late Charles E. Drimal, CLU®, ChFC®, MSFS, a revered Penn Mutual general agent. The Drimal Professorship is Penn Mutual's way of paying tribute to one of its most respected and dedicated professionals, while also showing continuing commitment to The American College. The mission of the Drimal Professorship is to develop, promote, and implement The College's programs within the field of estate planning.
The Guardian/Deppe Chair in Pensions and Retirement Planning originated with the Henry A. Deppe Endowment in 1988 with the purpose of creating an annual lecture. Mr. Henry Deppe, CLU®, a nationally recognized authority in pensions and retirement planning, was honored by his friends, industry leaders, and The Guardian Life Insurance Company of America by establishing this lecture. Subsequently, due to the additional generosity of The Guardian Life Insurance Company, the Endowed Chair in Pensions and Retirement Planning has been established at The American College.
State Farm Women's Chair
The purpose of the State Farm Chair in Women and Financial Services is to raise the awareness and visibility of issues faced by both female consumers and their advisors. The chair holder serves as a subject matter expert on the faculty at The American College, as well as a thought leader in the industry, developing research on the women's market for insurance and financial services and sharing this knowledge through educational opportunities, publications, new course development, and by integrating relevant content with other courses at The American College. The chair is funded by a generous grant from the State Farm Life Insurance Company.