The CFRM program is pleased to announce its external Advisory Board:
- Paul Bouchey, CIO, Parametric Portfolio Associates
- Keith Ferguson, CIO, UW Investment Management
- John McMurray, CRO, Russell Investments
- Jagdeesh Prakasam, CEO, Rotella Capital Management
- John Stewart, CRO, Boeing Employee Credit Union
The program board also benefits from the following Special Focus Advisors, who provide guidance to faculty in the areas of fixed income and energy markets:
- Mary Pugh, CEO and CIO, Pugh Capital
- Chris Strickland, CEO and Co-Founder, Lacima
Paul Bouchey, MS, CFA, Chief Investment Officer, Parametric Portfolio Associates
Mr. Bouchey leads Parametric’s Investment, Research and Strategy activities. He is responsible for setting the overall research agenda and new product development. Prior to joining Parametric in 2006, Paul was a senior researcher at Russell Investment Group, where he focused on simulation, optimization, and quantitative decision models for institutional and private clients. He holds a patent on cross-sectional volatility indexing and has authored more than 10 academic and practitioner articles in journals such as The Journal of Portfolio Management, The Journal of Wealth Management, and The Journal of Index Investing.
Education: Paul earned a B.A. in mathematics and physics from Whitman College and an M.S. in Computational Finance and Risk Management from the University of Washington. He is a CFA® charterholder.
Keith Ferguson, MBA, CIP, Chief Investment Officer, University of Washington Investment Management
John McMurray, MBA, Chief Risk Officer, Russell Investments
Jagdeesh Prakasam, MS, CAIA, Chief Executive Officer, Rotella Capital Management
Jagdeesh is the Chief Executive Office of Rotella Capital and is a member of the firm’s Board of Directors. Mr. Prakasam oversees all aspects of the firm, including its investment, FinTech solution offerings and operations. He joined RCM in 2003 as a Researcher primarily focused on supporting the research efforts in portfolio construction, risk management, and overlay strategies for the firm’s core trading strategies. He was appointed as the firm’s CEO in 2019, having previously been the Co-Chief Investment Officer alongside Mr. Rotella since 2014. Mr. Prakasam has been managing various portfolios ranging from intraday to intermediate-term holding periods across both futures and equities spaces.
Education: Mr. Prakasam received a Bachelors degree in Chemical Engineering from the Dharmsinh Desai Institute of Technology, and a Master of Science in Finance from the Illinois Institute of Technology, Chicago. He is also a CAIA Charterholder.
John Stewart, Ph.D., CFA, Chief Risk Officer, Federal Home Loan Bank Seattle
John is currently the Chief Risk Officer at Federal Home Loan Bank of Seattle since 2010, where he has oversight responsibilities for Enterprise Risk Management including Credit Risk, Market Risk and Operational Risk functions. Mr. Stewart was previously Senior Manager, Consulting and Valuations with Moss Adams in Seattle, where he was responsible for portfolio management strategies including valuation of complex financial instruments, risk quantification approaches, enterprise risk management, risk-adjusted performance measurement, management reporting, and regulatory compliance. In addition, he was SVP Risk Quantification with JP Morgan Chase-WAMU for seven years, where he was the Basel II Program Owner and Economic Capital group leader.
Education: Mr. Stewart received a B.A. degree in Philosophy as well as a B.S. in Mechanical Engineering from the University of Minnesota Twin-Cities, and a Ph.D. degree in Mechanical and Aerospace Engineering from Princeton University. He is also a CFA Charterholder.
Special Focus Advisor Biographies
Mary Pugh, CEO and CIO, Pugh Capital
Mary Pugh is CEO and CIO of Pugh Capital, a company she founded in 1991. Pugh Capital specializes in managing bond portfolios for institutional clients. The firm now manages $2.7 billion on behalf of its clients. Mary has over thirty years of institutional portfolio management experience. She has a long history of community service and is a Board Member of The Seattle Foundation and Chair of the Investment Committee. She also serves on the Investment Committees for the University of Washington and Seattle Academy.
Education: B.A. in Economics from Yale University.