Mr. Kowalsky
serves as Account Administration Manager in the Client Accounting and
Reporting group. He has twenty-three years of investment
industry experience. Mr. Kowalsky's primary responsibility
is for the maintenance and reconciliation of all of the
Company's internal and external records. From 1984 to 2001,
Mr. Kowalsky served in various accounting and operations
positions for Sears Investment Management Company. The last
post he held there was that of Operations Manager, where
he oversaw all internal functions and accounting for the
investment portfolios. Mr. Kowalsky received an A.A.S. in
Accounting and a degree in Computer Programming from Moraine
Valley College.