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Inaugural Donahue Chair in Investment Management to Focus on Financial Analysis, Ethics

Thomas J. Nist, has been named the inaugural Donahue Chair in Investment Management at Duquesne University, effective July 1.

Nist comes to Duquesne from PNC Bank’s Business Banking Division, where he served as senior vice president and small business segment manager.

Endowed through a $1.5 million gift from the family of Rhodora and John F. Donahue, founder and chairman of Federated Investors Inc., the Chair in Investment Management was created to help further the national reputation of Duquesne’s investment management and finance programs.

In this position in the John F. Donahue Graduate School of Business, Nist will direct the Fund Management Experience—the region’s only investment management degree program resulting in both B.S. and B.A. degrees, emphasizing financial analysis and ethics. Through this program, students manage a common stock portfolio and work toward outperforming their benchmark.  Nist’s additional responsibilities will include teaching in the Business Schools, developing initiatives to enrich student experiences and creating a speaker series on current investment management and finance issues.

Previously, Nist served as manager of Business Banking Product Management and Marketing Groups at PNC, and was the national sales manager of PNC’s Treasury Management Business. He is credited for managing significant technological change, new product introduction and sales force transformation at PNC. He also held posts at Mellon Financial Corp. and Equibank.

An alumnus of Duquesne, Nist earned a B.S. in business administration in 1979, and has been teaching part-time in the Graduate School of Business since 1998. He has an M.B.A. from Arizona State University, has attended the Dartmouth College Executive Education Program and is a lecturer at the University of North Carolina’s Fundamental of Cash Management Program. Nist is a member of the River City Brass Band Board of Directors and is a certified treasury professional from the Association of Financial Professionals.

Nist lives in Pittsburgh with his wife, Lorraine, and their three children.

Duquesne’s A.J. Palumbo School of Business Administration and John F. Donahue Graduate School of Business are among an elite 15 percent of business schools worldwide that meet the rigorous academic standards necessary to earn accreditation from the Association to Advance Collegiate Schools of Business. Duquesne is one of just 13 universities in the nation to have its undergraduate investment management program recognized as a Chartered Financial Analyst (CFA) Track by the CFA Institute.

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Founded in 1878, Duquesne is consistently ranked among the nation's top Catholic universities for its award-winning faculty and tradition of academic excellence. Duquesne, a campus of nearly 9,500 graduate and undergraduate students, has been nationally recognized for its academic programs, community service and commitment to sustainability. Follow Duquesne University on Facebook, Twitter and Instagram.