Honorary Degree Citation
Though you embraced your parents’ mantra, “No job is too small to do well,” your professional responsibilities have been enormous. As vice chair of the Federal Reserve on 9/11, you were emergency first responder for nothing less than America’s financial system, and your steady, decisive action earned accolades. You are an advisor to presidents and a mentor to colleagues. You serve some of America’s most important policy, arts, and education nonprofits. And as the leader of TIAA-CREF you maintain the financial well-being of millions of Americans, including many of us here today, who especially appreciate your attention to every “little” detail.
By the authority of the Board of Trustees of Colby College, I confer upon you, Roger Ferguson Jr., the degree of Doctor of Laws, honoris causa. The hood with which you have been invested and this diploma are the visible symbols of your membership in this society of scholars, to all the rights and privileges of which I declare you entitled.
Conferred May 24, 2015
More about Roger Ferguson Jr.
Roger Ferguson Jr. joined TIAA-CREF, a Fortune 100 financial services organization, as president and CEO in 2008. From 1999 to 2006 he was vice chairman of the Board of Governors of the U.S. Federal Reserve System, representing the Fed on international policy groups and serving on key committees. The only Fed governor in Washington on 9/11, he led the Fed’s initial response to the terrorist attacks. He was head of financial services for Swiss Re and chairman of Swiss Re America Holding Corporation before joining TIAA-CREF, and from 1984 to 1997 he was a partner at McKinsey & Company. He is a fellow of the American Academy of Arts & Sciences. Among many other civic, professional, and corporate roles he is a member of the Council on Foreign Relations and the Congressional Budget Office’s Panel of Economic Advisers. He served on President Obama’s Council on Jobs and Competitiveness and co-chaired the National Academy of Sciences’ Committee on Long-Run Macro-Economic Effects of the Aging U.S. Population.