The Retirement Income Industry Association announced on Tuesday that Peng Chen, CEO of Dimensional Fund Advisors, Asia, has been named academic curriculum director of the RIIA's Retirement Management Analyst (RMA) advanced education program.
According to Francois Gadenne, executive director and chairman of the organization, Chen "will oversee and review the academic and scholarly direction of the evolving RMA curriculum, as well as edit and review submissions of annual updates to the RMA textbook and Retirement Income Body of Knowledge, which are the foundation of the RMA program of study."
Chen (left), a longtime Morningstar and Ibbotson executive, surprised industry watchers in May when he announced his departure from the Chicago-based research and investment firm.
The reason given at the time by Morningstar chairman and CEO Joe Mansueto was that Chen was moving to Asia to be closer to his family.
He surfaced some months later at Dimensional Fund Advisors, the firm famous for its strict adherence to a passive investment philosophy, driven by numerous Nobel Prize winners and academics that sit on its advisory board. In addition to his role as CEO of the firm's Asia business (ex-Japan), Chen is also chairman of Dimensional SmartNest (Dimensional Retirement), which coincides with his work with RIIA.
