Bennett W. Golub

Senior Managing Director

Bennett W. Golub, Chief Risk Officer, a member of the Global Executive Committee and head of the Risk & Quantitative Analysis Group of BlackRock, Inc. Dr. Golub has served as Chief Risk Officer since 2009 and co-head of the firm's Risk & Quantitative Analysis Group since 2004. Dr. Golub is responsible for the investment, counterparty and operational risk of all the assets managed by BlackRock. Dr. Golub is also the co-chair of BlackRock's Corporate Risk Management and New Products Operating Committees.

Dr. Golub is one of the founding partners who in 1988 came together to start a small asset management firm – today known as BlackRock. Today, BlackRock is the world's largest and one of the most successful asset management companies.

Previously at BlackRock, Dr. Golub was co-head and founder of BlackRock Solutions, BlackRock's risk advisory business, beginning in 1995. Dr. Golub also previously served as the acting CEO of Trepp, LLC., a former BlackRock affiliate that pioneered the creation and distribution of data and models for collateralized commercial-backed securities, beginning in 1996.

Prior to joining BlackRock in 1988, Dr. Golub was a Vice President at The First Boston Corporation beginning in 1985 where he established the Financial Engineering Group. During his tenure, his group structured over $25 billion of securities including many innovative collateralized mortgage obligations and asset-backed securities.

Dr. Golub co-authored Risk Management: Approaches for Fixed Income Markets (J. Wiley & Sons, Inc., 2000) which also has Japanese and Chinese editions. He has authored or co-authored many articles, including "Asset Allocation and Risk Management for Sovereign Wealth Funds" (Sovereign Wealth Management), "New Benchmarks for Debt Instruments: No Room for Nostalgia in Fixed Income" (Risk Magazine), "Measuring Yield Curve Risk Using Principal Components Analysis and Value At Risk" (Journal of Portfolio Management), "Approaches for Measuring the Duration of Mortgage-Related Securities" (The Handbook of Mortgage-Backed Securities, 6th Edition), "Mark-to-Market Methodology, Mortgage Servicing Rights, and Hedging Effectiveness" (The Handbook of Mortgage-Backed Securities, 6th Edition), "Composite Portfolios Present Challenges" (Pension and Investments Magazine), "Risk Management Lessons Worth Remembering from the Credit Crisis of 2007-2009" (The Journal of Portfolio Management) and "Reflections on Buy-Side Risk Management After (or Between) the Storms" (The Journal of Portfolio Management).

In 2001, Dr. Golub, with his colleague Charles Hallac, received the "Asset Management Risk Manager of the Year" award from Risk Magazine. He is a member of the Boards of the International Association of Financial Engineers and the Global Association of Risk Professionals and a member of the North American Executive Board of the Sloan School of Management of MIT.

Dr. Golub earned a SB degree and an SM degree in management in 1978 and 1982, respectively, and a PhD degree in applied economics and finance in 1984, all from the Sloan School of Management of the Massachusetts Institute of Technology.