Pace University announced on August 11, 2025, the appointment of Ajay Khorana, an Indian American finance executive and scholar, as the new Dean of the Lubin School of Business and professor of finance, effective September 1, 2025.
Khorana joins Pace from Citigroup, where he served as global treasurer for the U.S. Personal Banking and Global Wealth businesses, overseeing strategic financial planning, risk management, and capital allocation for a $400 billion balance sheet. Fortune 500 firms on mergers, capital structure, and governance.
Before his corporate career, Khorana spent over a decade in academia with faculty positions at Georgia Tech’s Scheller College of Business and the University of Virginia’s Darden School of Business. He holds a Ph.D. in finance from UNC Kenan‑Flagler, an MBA in finance from Wake Forest, and a BA in economics (honors) with a mathematics minor from the University of Delhi.
Pace University President Marvin Krislov called Khorana “a transformational leader” whose global perspective and strategic vision will enhance Lubin’s programs and reputation and expand opportunities for students and faculty—especially in Lower Manhattan near Wall Street. Interim provost Jonathan H. Hill added that Khorana’s blend of industry experience and academic credibility will catalyze Lubin’s continued growth.
This appointment bridges academia and industry at a time when business education is evolving to meet global financial challenges and employer expectations.
Key Takeaways About Ajay Khorana
- Appointed Dean of the Lubin School of Business at Pace University, effective September 1, 2025
- Former Citigroup global treasurer overseeing $400B in assets and strategic corporate finance
- Academic experience at Georgia Tech and UVA; Ph.D. in finance from UNC Kenan-Flagler
- Recognized for integrating real-world finance expertise with academic leadership
- Expected to enhance Lubin’s academic reputation and industry engagement in NYC
