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Dynamic business leader to receive honorary degree and deliver remarks at Loyola University New Orleans commencement

Loyola press release - May 9, 2001

(New Orleans)—Loyola University New Orleans will present Gerald N. Gaston, a 1965 graduate, with an honorary Doctor of Business Administration degree at its ninetieth spring commencement on Saturday, May 19, at 5 p.m. at its Uptown campus. Gaston also will deliver the commencement remarks during the ceremony.

Gaston is a respected business leader with a long and distinguished career. Most recently he served as vice-chairman, CEO, and president of American Bankers Insurance Group in Miami, Fla. During his 22-year tenure, Gaston guided the insurance conglomerate to a position of strength and respectability on Wall Street and other international financial markets. Prior to joining American Bankers, he was president of Louisiana Gulf Industries, Inc., in New Orleans and served for four years in the United States Air Force.

In 1999, he brokered an arrangement with Fortis, Inc., a Dutch-Belgian international banking and insurance group, to acquire American Bankers. As with most business acquisitions, he was called upon to provide exceptional leadership in negotiating complex issues that had profound effect on the employees, customers and shareholders of ABIG.

Gaston is a graduate of Nicholls State University and Loyola University New Orleans. Continuing his association with higher education, he taught at the American Bankers Management Institute, was a guest lecturer and adjunct professor at Nicholls State University, has served as an adjunct professor and assistant professor in Loyola’s College of Business Administration, and has guest lectured at Harvard University Business School and at the Eastman School of Music. While vice-chair and CEO, he forged a strong relationship between American Bankers and the University of Miami, reflecting his philosophy that relationships between corporations and universities benefit both parties.

An active alumnus of Loyola University, he works tirelessly on behalf of the advancement of the university and the College of Business Administration. He was a member of Loyola’s Board of Trustees from 1989 through 1996—serving as vice-chair of the board from 1991 through 1996—and a member of the College of Business Administration Visiting Committee.

A generous supporter of Loyola, in 1999 he established the Gerald N. Gaston Eminent Scholar Chair in Business, and in 2001 he established the Gerald N. Gaston Distinguished Professorship in Science and Religion.

His interest and involvement in education and other community activities extend beyond Loyola. In 2000, he established the Gerald Gaston Endowed Professorship in Business at Nicholls State University. Presently, he serves on the board of directors of the Eastman School of Music at the University of Rochester and the Gulliver Preparatory School in Miami. He has served as a member of the Miami Chamber of Commerce, the National Association of Accountants and the National Consumer Finance Association, and on the board of directors of Intercontinental Bank, Caribbean American Life Insurance Company, and Voyager Group, Inc.