IIT Kanpur alumnus gifts $100,000 to the institute

The gift is of Dr Dev Joneja is to upgrade the Class of 1984 Faculty Research Fellowship to an Endowed Chair. Dr. Joneja's gift will enable their faculty to continue to pursue new frontiers of research. "IIT Kanpur has always believed that its alumni are its greatest asset. We thank Dr. Joneja for this generous contribution to his batch endowment which will significantly aid the students and faculty to continue their work on cutting-edge technological innovations across various disciplines," said Prof. Abhay Karandikar, Director, IIT Kanpur.

Dr. Joneja is currently the Chief Risk Officer at Exodus Point Capital Management. Previously, he was the Global Head of Risk and Analytics at Millennium Management LLC and has also served as its Senior Managing Director. Prior to joining the firm in 2009, Dr. Joneja was at Lehman Brothers for 13 years, most recently as the Head of Fixed Income Research and as the Global Head of Lehman Indices and POINT. He has also served as a Research Analyst at Barclays Capital and as a faculty at the Graduate School of Business at Columbia University in New York. Dr Joneja graduated from IIT Kanpur in 1984 with a B.Tech in Mechanical Engineering and earned his Ph.D. from Cornell University.