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NEWS RELEASE: Robert J. Chersi, former CFO and Member of the Executive Committee of Fidelity Investments, to join the Center for Global Governance, Reporting and Regulation at Pace University as Advisor to the Executive Director

FOR IMMEDIATE RELEASE

Robert J. Chersi, former CFO and Member of the Executive Committee of Fidelity Investments, to join the Center for Global Governance, Reporting and Regulation at Pace University as Advisor to the Executive Director

New York, NY – July 30, 2013 — The Center for Global Governance, Reporting and Regulation at Pace University has named Robert J. Chersi as Advisor to the Executive Director.

Chersi will play a major role in expanding the activities of the Center, including Pace’s Certified Compliance and Regulatory Professional (CCRP®) certificate program, boot camps, and sponsored conferences on key regulatory issues facing both industry and government. He will also serve as a faculty member for the certificate program and other new programs to be offered by the Center.

”Bob Chersi brings to our faculty team the assets we require to expand our course coverage to the non-banking financial institutions,” says John Alan James, executive director of the Pace Center. “He is already playing a key role in our training and development programs for individual banks and our planned ‘boot camps’ offering one and two-day training courses on all the key regulatory issues facing the financial institution sector.”

Chersi retired in 2012 as CFO and Member of the Executive Committee of Fidelity Investments, where he functionally led the finance, risk, compliance, business consulting and strategic new business development organizations. Prior to joining Fidelity, Chersi was a Member of the Group Managing Board of UBS AG, where he held progressive functional roles including CFO for U.S. Wealth Management, Deputy CFO for Global Wealth Management, and Controller for Paine Webber Group Inc. He started his career as a CPA with KPMG, after graduating from Pace University.

Chersi is an accomplished corporate financial and risk executive, whose thirty year career encompassed organizations that were publicly and privately held, diversified as to business lines, and U.S. domestic and global in focus. His financial and strategic leadership drove significant growth (both organic and M&A) and transformational change, and resulting profit and reputation enhancements.

Chersi is a member of the National Association of Corporate Directors. His prior board mandates include Member of the Audit and Risk Committees of UBS Bank USA (a $20 billion FDIC regulated bank), Board Member of PW R&D Partners Inc. (a SEC registrant investing in technology and biotechnology companies), and several civic board roles including Chairman of the Board of Trustees for the UBS USA Foundation, Board Member for the Bon Secours NJ / St. Mary’s Hospital Foundation, and Trustee for the Fidelity Investments Political Action Committee.

BACKGROUND: The Center for Global Governance, Reporting and Regulation at Pace University and the Association of International Bank Auditors will offer a new fourth cycle of the Certified Compliance and Regulatory Professional (CCRP®) certificate program. The new session begins September 5, 2013, and continues to March 6, 2014. Classes will be held at Pace University’s Midtown Center in the historic Fred French Building.

About the Lubin School of Business at Pace University: Globally recognized and prestigiously accredited, the Lubin School of Business integrates New York City’s business world into the experienced-based education of its students at Pace’s suburban and downtown campuses, implemented by the region’s largest co-op program, team-based learning, and customized career guidance. Its programs are designed to launch success-oriented graduates toward upwardly mobile careers.  www.pace.edu/lubin

About the Association of International Bank Auditors: The AIBA membership consists of internal audit, compliance and internal control professionals of nearly 100 U.S. branches and agencies of foreign banks.  The mission of the AIBA is to foster the professional standing of its members by increasing their knowledge and capacities to carry out their responsibilities with respect to international banking.

Media contact:  Bill Caldwell, Pace, 212-346-1597, wcaldwell@pace.edu

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