Pace Announces Appointment of New Dean of Lubin School of Business

BCW Member Pace University announced this week the appointment of Ajay Khorana, Ph.D., as Dean of the Lubin School of Business and professor of finance, effective September 1, 2025.

Pace President Marvin Krislov praised Khorana’s impressive background in global finance, commitment to student and institutional success, and ability to bridge industry and academia. “Ajay Khorana is a transformational leader who brings both real-world experience and academic depth to Pace,” said President Krislov. “His global perspective and strategic vision will enhance Lubin’s programs and reputation and expand opportunities for our students and faculty, especially here in Lower Manhattan where our campus is just blocks from Wall Street and Citigroup’s global headquarters.”

Prior to his appointment at Pace, Dean Khorana served as global treasurer for the U.S. Personal Banking and Global Wealth businesses at Citigroup, overseeing strategic financial planning, risk management, and capital allocation for a $400 billion balance sheet. Over nearly 20 years at Citi, he held several high-level roles, including global head of the Financial Strategy Group, where he advised Fortune 500 companies on mergers and acquisitions, capital structure, shareholder strategy, and corporate governance.

“It is an honor to join Pace University and lead the Lubin School of Business,” said Dean Khorana. “Lubin has a strong foundation of academic excellence and career preparation. I look forward to collaborating with faculty, students, alumni, and industry partners to build on that legacy and drive continued innovation and impact. There’s no better place to connect business education with the center of the financial world.”

The Lubin School of Business at Pace University is a nationally ranked leader in business education, known for preparing graduates for career success and upward mobility. Lubin holds dual accreditation in both business and accounting by the Association to Advance Collegiate Schools of Business (AACSB)— an elite distinction shared by fewer than 2 percent of business schools worldwide.