Richard H. Baker

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Richard H. Baker
Occupation President and Chief Executive Officer
Employer Managed Funds Association
Location Washington, DC
Website www.managedfunds.org

Richard H. Baker is president and chief executive officer of hedge fund lobbying group the Managed Funds Association. He assumed the role in February of 2008, succeeding John G. Gaine, who moved into a special advisor role and undertook the expansion of MFA’s global outreach with regulators, policymakers and market participants worldwide.[1][2]

Background

He was previously a member of the U.S. House of Representatives, representing Louisiana’s Sixth Congressional District since 1986. Baker served on the House Financial Services Committee and was chairman of the Subcommittee on Capital Markets for 12 years.

Baker was widely recognized as an expert on securities, insurance and housing finance. He also held a leadership position on the House Transportation and Infrastructure Committee and served as a member of the Committee on Veteran’s Affairs.[3]

Baker’s career is one of lifelong public service. He was elected to the Louisiana House of Representatives in 1971 at the age of 23 and served for fifteen years. During that time, he was chairman of the House Committee on Transportation, Highways and Public Works.

He was a contributing editor for NationalReview.com. In one comment filed in 2002, he wrote that "Enron-itis, or fears of shady corporate reporting and accounting, have subdued market performance for weeks now. America simply cannot long afford a loss of confidence in the level of credibility and truthfulness at the heart of a capital market system so vital for economic recovery in the short term, and sustained prosperity down the road... The future of Wall Street is the average investor."[4]

Education

Baker received a B.A from Louisiana State University.[5]

References

  1. Representative Richard Baker to Become New President and CEO of Managed Funds Association. Reuters.
  2. MFA Names Rep. Richard Baker New CEO. IDD Magazine.
  3. Louisiana Richard Baker Will Leave US Congress. BayouBuzz.
  4. The Cure for Enron-itis. NRO.
  5. Biography. Biographical Directory of the U.S. Congress.