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The Mohammed bin Rashid Al Maktoum Foundation today announced it has established a fully endowed chair at London Business School.. The holder of the Chair titled the ‘Sheikh Mohammed bin Rashid Al Maktoum Professor of Innovation’, will contribute to the school’s efforts to develop breakthrough initiatives and shape ambitious leaders who will significantly impact the future .
 
The Foundation’s initiative complements its mission to support research, education and innovation through partnering with renowned global institutions.
 
Mohammad AlGergawi, Chairman, Mohammed bin Rashid Al Maktoum Foundation, said: “The Foundation constantly explores partnership opportunities with prestigious academic institutions that boast a worldwide reputation for excellence.
 
“We are glad to contribute to programmes offered by London Business School, which aim to generate new thought leaders with the ability to usher in a new era of globalized business environment. The new chair seeks to provide the youth with the expertise and knowledge that is imperative for leading innovative business”.
 
Professor Zeger Degraeve has been appointed as the first chair for London Business School’s primary branded programme overseas.
 
Professor Degraeve serves as Faculty Advisor for the London Business School’s research activities. He is also the Faculty Director of the School’s educational programmes. As Chair, Professor Degraeve will leverage his expertise to guide professionals in astute decision making and risk-taking, He will also educate them on ways to be accountable for the outcomes. His current research focuses on the creation of organisational culture that will stimulate innovation and experimentation.
 
Robin Buchanan, Dean of London Business School, said: “Through its contribution to an endowed Chair at London Business School, the Mohammed Bin Rashid Al Maktoum Foundation has demonstrated its commitment to securing access to world-class education for students in the region.”
 
“We welcome this new affiliation with the Foundation as the initiative will ensure the School’s Dubai CentreCs successes continue long into the future, not only for the benefit of thousands of our global students and their companies but also, crucially, and in line with the Foundation’s greater ambitions, for the benefit of the peoples of this region.”
 
Launched in May 2007 the AED37 billion (US$10 billion) Foundation was mandated to enhance the lives of communities in the Arab world by 2015. Pursuing a vision to develop competent future leaders, it aims to create a knowledge-based society through knowledge creation, culture, as well as entrepreneurship and employment generation.

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