Monday, April 28, 2008

Wharton’s memorial for Dhirubhai Ambani

What a way to keep the memory of late Dhirubhai Ambani – the man who lived the Reliance dream – alive! The University of Pennsylvania’s Wharton School (that was founded in 1881 as the first collegiate business school ) h a s named a 300-seater state of- the art auditorium as the DhiRubhai Ambani Auditorium. This was announced at a ceremony in Philadelphia, where Wharton received a multi-million dollar gift from his son, Anil Ambani, Chairman of the Anil Dhirubhai Ambani Group (ADAG). On the occasion, Patrick Harker, the Dean of Wharton had this to say about the late Dhirubhai Ambani: “He was a true pioneer in the development of the Indian economy, opening opportunity to thousands of his fellow citizens through his then-innovative public stock offerings. We are honoured to have this outstanding opportunity to pay a lasting tribute to Mr. Ambani, the companies he built and the important role he played in India’s economic growth. We are grateful to his son, Anil, for choosing to remember him in this meaningful way.” Among those who were present at the ribbon-cutting ceremony were Dhirubhai Ambani’s wife Kokilaben and Anil Ambani’s wife Tina Ambani. In 1998, Wharton School had awarded Dhirubhai Ambani the Dean’s Medal in recognition of his work as the Chairman of Reliance Industries Limited (RIL). He was the 24th recipient of this honour. Anil Ambani too, received his MBA from Wharton in 1983. The junior Ambani now serves as a member of the Board of Overseers.

For Complete IIPM Article, Click on IIPM Article

Source : IIPM Editorial, 2008

An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

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