Anirban Basu

Chairman & CEO

Anirban is a study in contradictions. He has been called an economist with a personality, or alternatively, one with a sense of humor. He has twice been recognized as one of Maryland’s 50 most influential people. He has also been named one of the Baltimore region’s 20 most powerful business leaders. In 2014, Maryland Governor  Larry Hogan appointed Dr. Basu as Chairman of the Maryland Economic Development Commission (2014-2021). He teaches global strategy at Johns Hopkins University and serves the Chief Economist function for a number of organizations around the country. He has read every one of Agatha Christie’s novels, is an avid fan of James Bond, English football, Indian cricket, all Baltimore teams, and lives with his wife and two daughters, Kimaya and Kohena.

Full Bio

Anirban Basu is Chairman & CEO of Sage Policy Group, Inc., an economic and policy consulting firm headquartered in Baltimore, Maryland with an office in Orlando, Florida. The firm provides strategic analytical services to energy suppliers, law firms, medical systems, government agencies, and real estate developers among others.

In 2014, Maryland Governor Larry Hogan appointed him Chair of the Maryland Economic Development Commission (2014-2021). He serves as Chairman of the Baltimore County Economic Advisory Committee. He also serves the chief economist function for Associated Builders and Contractors, the Construction Financial Management Association, the Modular Building Institute, the Maryland Bankers Association, and several others.

He has taught at several universities, most frequently at the Johns Hopkins University. He currently teaches History of Economic Thought at Goucher College as their Distinguished Economist in Residence.

In 2007, 2016, and 2022, the Daily Record newspaper selected Dr. Basu as one of Maryland’s 50 most influential people. The Baltimore Business Journal named him one of the region’s 20 most powerful business leaders in 2010.

Dr. Basu is currently on the boards of the University of Maryland School of Law, St. Mary’s College, the University of Maryland Medical Center, the University System of Maryland Foundation, the Lyric Opera House and the Archdiocese of Baltimore School System. He is also on Truist Bank’s advisory board.

Dr. Basu earned his B.S. in Foreign Service at Georgetown University. He earned his Master’s in Public Policy from Harvard University’s John F. Kennedy School of Government, and his Master’s in Economics from the University of Maryland, College Park. He acquired his Juris Doctor at the University of Maryland School of Law. He completed his doctoral work at UMBC with a concentration in health economics.


Zachary Fritz

Chief Operating Officer


Morris Segall

Senior Economist

Morris Segall, C.F.A, is a Senior Economist and Senior Advisor for Sage Policy Group. Prior to his position at Sage Policy Group he was the President of SPG Trend Advisors, the capital markets and economics affiliate of Sage Policy Group. He has extensive experience as an author, investment adviser and financial industry veteran with more than 25 years experience that includes capital markets strategy and managing large institutional wealth management entities aggregating more than $1 billion in assets.

Full Bio

His experience includes: consulting with clients on business, financial, economic, management and investment developments and trends; developing economic forecasts and capital market strategies and asset allocations; analyzing and developing public policies for improved fiscal performance and economic development; advising investment firms and making economic, capital markets and business management presentations to a wide variety of business and trade organization groups. He has been a guest commentator on Neil Cavuto’s popular Fox News financial show and has been interviewed by a number of publications and broadcast media including The Wall Street Transcript, The Washington Post and The Philadelphia Inquirer.

He has been a key contributor of economic, financial and business planning for government entities in the state of Maryland, businesses, law firms and trade organizations and provides economic and capital markets strategy to investment advisory firms whose assets aggregate nearly $1 billion. A frequent speaker at financial and business forums, he has addressed numerous organizations including Vistage International, The Alternative Board, National Foundation for Credit Counseling, TMI Executive Resources, Parente Beard Company, the Greater Baltimore Technology Council and the Urban Land Institute, providing valuable insights into domestic and global business, economic and financial market conditions and future trends.


Shoko Shimokoji 

Senior Economist


Sayer Niblett

Senior Research Associate


Kieran Smith