Garnering over 30 years of professional experience in finance, Donald P. Lofe Jr. currently serves as the president and chief transformation officer at Westminster College in Fulton, Missouri. Responsible for executing financial plans and detailed strategies for success, he joined the college in 2020. Alongside his present appointment, he has been a partner and chief risk officer of global business services, mortgage and lending solutions at IBM since 2016. Earlier in his career, Mr. Lofe served the Low Income Investment Fund in numerous roles, including as chief administrative officer, chief financial officer and executive vice president, all between 2013 and 2016.
Likewise, Mr. Lofe has lent his expertise to The PMI Group, Inc., in Walnut Creek, California, having served the organization as executive vice president, chief financial officer and chief administrative officer from 2011 to 2013. Prior, he was the senior vice president of corporate finance at the CNA Financial Corporation in Chicago from 1998 to 2002. At the inception of his career, he was an engagement partner and partner for PwC in Cleveland, Ohio, from 1991 to 1998.
Before embarking on his career, Mr. Lofe pursued a formal education at Westminster College, receiving a Bachelor of Arts in accounting and political science in 1979. He later went on to accept the Lifetime Alumni Achievement Award from his alma mater in 2011. He also earned a Master of Business Administration in finance and business policy from the University of Chicago in 1992 and proceeded to become a certified public accountant through the American Institute of Certified Public Accountants. In addition, he is CGMA and COSO Certified.
As a testament to his resounding success in the field, Mr. Lofe was nominated for CFO of the Year by the San Francisco Business Times and American City Business Journals in 2011. Moreover, he was named among the 100 Most Influential People in Finance by Treasury & Risk Management through ALM Global, LLC in 2010. In the coming years, Mr. Lofe intends to continue serving Westminster College in his prestigious roles, as well as continue serving the college on its board of trustees.