WINSTON-SALEM –Ajay Patel has been promoted to the position of dean of Wake Forest University’s Babcock Graduate School of Management.

Since August 2003, Patel had served as interim dean of the Babcock School. He has been a faculty member at the Babcock School for 11 years and associate dean for faculty and alumni affairs for the past two years.

Patel, 45, was named dean following a nationwide recruiting search led by a committee that included faculty, staff, students and alumni. He succeeds Charles Moyer who, after serving as dean for seven years, stepped down from that position in July 2003 to return to the Babcock School’s faculty.

“Ajay has gained valuable experience over the past year serving in the role of interim dean, and he has proven to be a valuable addition to the university’s administrative team,” said Wake Forest Provost and Acting President William Gordon, who announced Patel’s appointment. “He has a clear understanding of the school’s great assets, as well as its current challenges, and he has the interpersonal skills needed to work effectively and collaboratively with all of the school’s constituencies. Importantly, he is widely respected within the Babcock School as an excellent teacher and scholar.”

Before joining the Babcock School faculty in 1993, Patel was part of the faculty at the University of Missouri and Bentley College. In 2001, he was appointed as the first Babcock Research Professor of Finance.

“One of my goals is to see the Babcock community network grow, become stronger and to develop to its full potential,” said Patel. “We have an extremely energized board of visitors and an extremely energized alumni council to help make this happen.”

During his tenure at the Babcock School, Patel has won numerous professional awards and teaching honors. He has received the Educator of the Year Award six times and the 2001 Kienzle Teaching Award, given to the faculty member who represents the highest standards of teaching excellence. In 1997 and 2000, Patel was honored with the Outstanding Faculty Award for the Babcock School’s Charlotte evening MBA program.

Patel’s expertise is in corporate financial management and international finance. His current research focuses on executive compensation, corporate governance and foreign direct investment strategy. His work has been widely published in scholarly journals, and he has earned several awards from academic and practitioner associations.

Babcock School: www.mba.wfu.edu