Diamond Family Foundation Makes $4-Million Gift

Bob Diamond '73
The Diamond Family Foundation has made a $4-million gift to the campaign to support interdisciplinary study of the environment, energy policy, climate change, and sustainability. Colby is a pioneer in environmental studies as an undergraduate discipline and is a national leader in environmental and sustainable campus initiatives. The gift will help to build the College's strengths in these areas.

Trustee and campaign co-chair Robert E. Diamond Jr. '73 announced the gift June 6 on the occasion of his 35th class reunion. In consultation with the faculty and the Diamond family, Colby will determine specific uses of the gift in the coming months.

"Colby's extraordinary environmental curriculum was developed by outstanding faculty members who have approached sustainability, climate change, energy policy and broad environmental issues, very appropriately, as interdisciplinary challenges," Diamond said. "These issues are critically important to the United States and to humankind, and there is no better solution for environmental challenges than giving the best young minds the best possible preparation within the context of a broad liberal arts education."

Colby President William D. Adams said, "Bob Diamond is known around the world for his business acumen, and his investment in Colby's environmental programs and curricula will elevate our already outstanding offerings to world-class status. The return will be Colby graduates who can truly make a difference on what sometimes seem to be intractable problems."

As President of Barclays, the London-based international financial services business, Diamond oversees large international investment banking, investment management and wealth businesses with a presence in all major markets around the world. Barclays will open a customer-care center in Wilton, Maine, this month, with an initial workforce of 50 expected to quadruple over the coming decade.

On May 25, Diamond delivered the commencement address to the Class of 2008 and received an honorary Doctor of Laws. He and his wife, Jennifer, made the naming gift for the Diamond Building for social sciences and interdisciplinary disciplines.

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