Advisory Board

2013 ADVISORY BOARD MEMBERS

Guillermo Borda
Steve Sapra
Partrick Hagan
Martin Eschele
Larry Chorn
Ken Appott
Theodore Economou
Robert Abad
Stephen Stone
Ivo Stein

About the Financial Engineering Program Board of Advisors

The Board of Advisors of the Financial Engineering Program is comprised of leaders and educators in the field of financial engineering and services. Advisors provide guidance, insight, expertise and contacts to the program's respective two Deans and faculty Co-directors.

Advisors review curriculum developments and help find internship and permanent job opportunities for students. They also assist in identifying financial resources for student fellowships, research funds, program facilities, infrastructure and the overall operation of academic programs. Advisors convene at least annually for formal meetings.

Qualifications

  • An established leader with a demonstrated record of accomplishment in a given industry or profession
  • Enthusiasm for the Financial Engineering Program and a strong interest to see it continue to improve
  • Willingness to engage in conversations and activities with the Program's friends and alumni and identify and/or solicit prospective donors on behalf of the program

Roles and Responsibilities

  • Advocate - Assist in providing referrals for student internships and jobs for graduating students
  • Ambassador - Remain current on the Program's priorities; attend Board meetings regularly, either in person or via conference call, and participate in University and program-related events
  • Advisor - Provide insight and guidance

Advisor Bios

Guillermo Borda     Managing Partner, Hauser Private Equity

Mr. Borda is a Managing Partner at Hauser Private Equity, based in Los Angeles. He focuses his efforts on strategy development, capital formation, structuring of new investment opportunities, communication with investors, performing due diligence, and adding strategic value to the portfolio of funds and companies. Prior to joining HPE, Mr. Borda served as Managing Director and Partner of Bank of America Merrill Lynch Capital Access Funds, a national $1.4 billion private equity fund-of-funds manager that had a predominant focus on meeting the investment goals of mandates awarded by large public pension funds. He has also worked in the North American Investment Banking division of Citicorp Investment Bank in New York City. Mr. Borda has been a board member of various private equity funds' boards of directors, including St. Cloud Capital, CapStreet Capital, Grey Mountain Partners, DBL Equity and various others. Mr. Borda holds an MBA and BS in Finance, both from The University of Texas at Austin. He is also a graduate of the Venture Capital Institute.

Steve Sapra     Senior Vice President, PIMCO

Mr. Sapra is a senior vice president in the client analytics group in the Newport Beach office. Prior to joining PIMCO in 2012, he was a managing director at TOBAM, a quantitative asset manager headquartered in Paris. From 1999-2010 Mr. Sapra served as a portfolio manager at Analytic Investors, where he oversaw the research and implementation of approximately $8 billion in U.S. equity assets. Mr. Sapra has written and spoken extensively on issues pertaining to investing and risk management and has published papers in several journals including the Financial Analysts Journal, Journal of Portfolio Management and Journal of Sports Economics. He was also an adjunct faculty member at the University of Southern California Marshall School of Business. He has 15 years of investment experience and holds a Ph.D. in economics from Claremont Graduate University and a master's degree in economics from the University of Southern California.

Patrick Hagan     Deutsche Bank

Patrick S. Hagan received his BS and Ph.D. in Applied Mathematics from the California Institute of Technology. He is currently the Head of Quantitative Analytics for JP Morgan’s Chief Investment Office. Before joining JP Morgan, he worked for several banks and third party software providers designing trading systems, as well as developing the component models, calibration methods, and numerical algorithms for pricing, structuring, and managing derivatives. He is well-known as the creator or co-creator of several models and methodologies in industry-wide use, including the SABR model, the LGM model, auto-calibration, and internal and external adjustors. Before entering finance, he helped design chemical reactors for Exxon, was a scientist for Los Alamos’s Theory and Computer Research & Applications groups, and was the Deputy Director for Los Alamo’s Center for Nonlinear Science.

Martin Eschle     Head of Risk Management, AXPO

Martin K. Eschle is currently the Head of Business Development in the Trading & Sales division of Axpo AG. Before his appointment as such, he served as Head of Risk and Portfolio Management for the Axpo Group. Martin also serves on the board of Alpiq Ecoservices AG, Romande Energie Commerce SA, and Società Elettrica Sopracenerina SA. He was also founding member of Positive Energy Buildings SA. Mr. Eschle holds a Ph.D. degree in Physical Chemistry from the Ecole Polytechnique Fédérale de Lausanne, Switzerland. His research interests center on alternative energies and was an active member of the Swiss Solar Energy Association.

Larry Chorn     Corporarte Development Manager, New Field Exploration Company

Mr. Chorn joined Halliburton Consulting and Project Management group in December, 2012 as Partner, Unconventional Resources. His 30-plus year career in the upstream oil and gas business has ranged from pure technical to strategic roles with corporations ranging in size from Mobil Oil to Newfield Exploration. Following the completion of his PhD in Chemical Engineering from the University of Illinois-Urbana/Champaign, he joined Atlantic Richfield’s research organization in Dallas, TX working on reservoir engineering issues in miscible gas flooding for Prudhoe Bay. After completing his MBA at SMU, he moved to Mobil Research and Development Corporation, where he progressed from research team lead to Global R&D Planning Manager, Reserves Economics Advisor, and finished his tenure as coordinator of the upstream strategic planning function. In 2003 he joined the faculty of Colorado School of Mines as Associate Professor of Petroleum Engineering where he taught courses in petroleum finance, investment decision making, real options and project portfolio management. By 2008, he was anxious to return to the “front lines” of the energy business and he joined EnCana Oil and Gas Company as a strategic planner in their North American gas business function. In 2010 he moved to Newfield’s Rocky Mountains organization in Denver as Manager of Business Development where he focused on their unconventional oil assets.

Ken Abbott     Managing Director, COO Market, Credit, and Operational Risk, Morgan Stanley

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Theodore Economou     CEO Pension Funds, CERN

Théodore Economou, is chief executive officer of the pension fund management unit of CERN, the European Organization for Nuclear Research, based in Geneva, Switzerland. Prior to joining CERN, Mr. Economou worked for a Fortune 500 multinational corporation where he had been responsible for managing worldwide pension assets and liabilities, capital markets activities, and investor relations. Prior to that, he was a consultant with Accenture's Financial Services Group in Geneva and Zurich, Switzerland. Mr. Economou also serves on the Investment Advisory Council of the Virginia Retirement System, and currently advises the European Commission on Pan European pension issues. He has served as Advisory Board member of the Institutional Investor Institute, and the European Pension Fund Investment Forum, and has been a speaker at conferences devoted to institutional investing and pension policy issues. He holds degrees from the Swiss Federal Institute of Technology, and Northwestern University's J.L. Kellogg School of Management.

Robert Abad     Portfolio Manager, Western Asset Management

Robert Abad is a Portfolio Manager at Western Asset Management (WAMCO), a $460 billion global fixed income management firm based in Pasadena, California with over $51 billion invested in Emerging Markets. Robert began his career at Merrill Lynch in the early 1990s and was named to the Institutional Investor Latin America Research Team in 1994. Since then, he has worked in various emerging markets research, portfolio management and risk management roles on both the sell side and buy side. Robert holds an MBA in Finance from Columbia Business School, a Master in International Affairs degree from Columbia University's School of International and Public Affairs and a BS degree from New York University's Stern School of Business.

Stephen Stone     Vice President, Sun America

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Ivo Stein     Manager, Risk Operations and Analytics, Southern California Edison

Mr. Stein began his career in the United States in 1997 as Dresdner RCM's Director of Fixed-Income Research. In 2001, Ivo moved into the energy sector, working at TXU in Dallas as Director of Risk Analytics and Technology and then at Southern California Edison as Manager of Risk Operations & Analytics. His main research interests are in model risk, risk analysis, and risk mitigation. He received his Ph.D. in Econometrics at the Free University in Amsterdam in 1996. Before arriving to the U.S., Mr. Steijn worked at the University of Amsterdam and VU University Amsterdam as an Assistant Professor in Econometrics.
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