Ritu Kalra named Harvard’s vice president for finance and CFO
Ritu Kalra, a seasoned leader in financial management and investment banking, has been named the University’s vice president for finance and chief financial officer. Kalra currently serves as Harvard’s assistant vice president of finance and treasury and special projects adviser. As VP and CFO, Kalra will oversee all aspects of financial management, including long-range planning, annual budgeting, endowment fund spending policy, treasury, and financial accounting and reporting. Her portfolio will also include research administration, strategic procurement, capital planning, and risk management. Overall, she will lead multiple financial departments with a full-time workforce of more than 200 people. Her predecessor Thomas J. Hollister, who has served in the role since 2015, will depart on June 30, at which time she will take the reins as CFO and VP and report to Executive Vice President Meredith Weenick, with a dotted line to President Claudine Gay. “I am thrilled to have Ritu stepping into the VP and...