Nobel Laureate appointed Chancellor of GCU
02 August 2012
Professor Muhammad Yunus
The world thought leader in social business and international anti-poverty campaigner, Professor Muhammad Yunus, is to be the new Chancellor of GCU. The Nobel Peace Prize winner succeeds Lord Macdonald of Tradeston, who has completed a distinguished five-year term of office.
Professor Yunus is the founder of the Grameen Bank, a global movement dedicated to alleviating poverty through micro-lending to those with the very least in society. His work has inspired young people around the world to devote themselves to social causes.
University Principal and Vice-Chancellor, Professor Pamela Gillies said: “The University is truly honoured and delighted that Professor Muhammad Yunus has accepted our invitation to become Chancellor.
“Professor Yunus and the University have a shared commitment to promoting educational opportunities for talented young people from the most difficult of circumstances. He has pledged his inspirational leadership in support of the University’s undertaking to harness our intellectual, social and emotional capital and collaborate with others to find solutions to some of society’s most pressing challenges. The whole University community warmly welcomes our new Chancellor, one of the world’s outstanding thought leaders.”
In accepting the invitation to take on the role of Chancellor, Professor Yunus said: “I would like to thank GCU for inviting me to accept this prestigious position. I look forward to building on the fruitful relationship that has already been established and has produced benefits which are helping to improve the quality of life for people in both our countries.”
Professor Yunus already has a well-established working partnership with GCU. In March he announced at the University details of a new charity, the Grameen Scotland Foundation. The Foundation, supported by the Scottish Government, is the cornerstone of a microfinance bank branch in Glasgow designed to alleviate the economic, health and social inequalities in some of Scotland’s poorest communities. It will be precisely modelled on the Grameen Bank, which was founded in 1976 by Professor Yunus in Bangladesh and now operates in 100 countries, including the USA.
Professor Yunus, who was awarded an Honorary Doctorate of Letters of the University in 2008, delivered the inaugural Magnusson Fellowship Lecture, an annual event which was established in memory of GCU’s late Chancellor Magnus Magnusson, who was succeeded by Lord Macdonald in 2007.