Muhammad Yunus appointed chancellor of Malaysian university
Nobel Laureate, Professor Muhammad Yunus has been appointed as the Inaugural Chancellor of Albukhary International University (AIU).
Nobel Laureate, Professor Muhammad Yunus, founder of Grameen Bank has been appointed the Inaugural Chancellor of Albukhary International University (AIU), reports the brand new Straits Times.
Yunus, who is also the Chancellor of Glasgow Caledonian University, UK and the Chairman of Yunus Centre is appointed predicated on his contribution, knowledge, expertise and experience in developing the world-recognised Social Business agenda through various varieties of awards he received.
The founder of Grameen Bank and father of microcredit, an monetary movement, has helped lift an incredible number of families all over the world out of poverty.
Today, Grameen Bank has over 8.4 million members - 97 % of these are women - and has lent over US$12.5 billion since its inception.
Among Yunus' many awards and honours included all the three highest US Civilian awards (Presidential Citizens Medal, the Presidential Medal of Freedom and the Congressional Gold Medal).
He has written four books about micro-lending and social business: "Banker to the indegent" (2003), "A World
without Poverty: Social Business and the continuing future of Capitalism" (2008) and "Building Social Business" (2010) and "An environment of Three Zeros" (2017).
He is also among only seven people in history that has received these awards, along with recipients Martin Luther King Jr., Mother Teresa and Nelson Mandela.
In 2009 2009, Forbes named Professor Yunus among its "10 Most Influential Business Gurus."
"His appointment as Chancellor of AIU is based on the Philosophy, Vision and Mission of the establishment of AIU to build up graduates or future leaders who are adaptable, balanced, well-rounded individuals, willing and in a position to serve humanity, acting as change agents in respective communities through Social Business agenda.
"The use of social business values, especially the Seven Principles of Social Business introduced by Professor Muhammad Yunus is implemented through the curriculum, academic, non-academic and research activities that would add value to students who are expected to reach your goals Social Entrepreneurs upon graduation," said Vice Chancellor and President of Albukhary International University, Prof. Datuk Dr. Abd. Aziz Tajuddin, in a statement.
AIU was founded by Tan Sri Syed Mokhtar Albukhary and placed beneath the Albukhary Foundation.
It is a non-profit Private ADVANCED SCHOOLING Institution, with a primary give attention to the field of advanced schooling, especially in providing opportunities to acquire tertiary education to outstanding students yet, from the financially-deprived family background.
