Herbert M. Allison Jr., president and chief operating officer of Merrill Lynch & Co., Inc., will share his views on the future of the financial services industry in the information age on Tuesday, March 10 at 4pm in Wong Auditorium (Tang Center, Building E51).
The 90-minute presentation and discussion, entitled "Re-engineering Financial Services in the Information Age," is part of the Industry Leaders in Technology and Management lecture series, co-sponsored by the School of Engineering and the Sloan School of Management and hosted by the Center for Technology, Policy and Industrial Development.
Mr. Allison began his career with Merrill Lynch in 1971 and worked in the company's New York, Paris, Tehran and London offices. He eventually went on to serve as assistant to the president, treasurer, senior vice president of human resources, executive vice president of finance and administration, and chief financial officer. Just before assuming his current position in April 1997, Mr. Allison was an executive vice president with management responsibilities for investment banking and debt and equity markets worldwide. He earned the BA in philosophy from Yale in 1965, served in the US Navy and then earned the MBA from Stanford.
Merrill Lynch, which offers trading, investment banking and personal financial planning services, last year became the first Wall Street firm to surpass $1 trillion in client assets, and announced record year-end net profits of $1.9 billion.
Merrill Lynch and MIT are actively pursuing research and educational collaborations focused on engineering knowledge and competence, the future of electronic commerce, and training and development initiatives.
A version of this article appeared in MIT Tech Talk on March 4, 1998.