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Friday, January 16, 2004

Pozen Takes on Board Duties

by: Sean Hanna, Editor in Chief

Former Fidelity honcho Robert Pozen will take a seat on the Bank of New York's board of directors on March 8. The one time vice chairman at Fidelity Investments and president of Fidelity Management & Research Company was elected to the board this week.

Pozen is currently the John Olin Visiting Professor at Harvard Law School, where he teaches law and business courses on corporate governance and financial institutions.

He was as managing director and general counsel of Fidelity Investments. In those jobs he was responsible for its government relations, legislation and litigation worldwide and spearheaded Fidelity's entry into the Japanese mutual fund business. He also served as director of Fidelity's credit card bank, its life insurance company and its Canadian investment management business.

Pozen also has held several positions with government and regulatory agencies, including serving as associate general counsel to the Securities and Exchange Commission and on the President's Commission to Strengthen Social Security and was Secretary of Economic Affairs for Massachusetts Governor Mitt Romney.  

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