Nobel Laureate and Grameen Communications Chairman, Dr Muhammad Yunus have been appointed as the Inaugural Chancellor of Albukhary International University (AIU) in Malaysia.
Muhammad Yunus, who is also the Chancellor of Glasgow Caledonian University, UK and the Chairman of Yunus Centre, has been appointed based on his contributions, knowledge, expertise and experience in developing the world-recognized Social Business agenda through various forms of awards he received, reports Strait Times.
"His appointment as Chancellor of AIU is in line with the Philosophy, Vision, and Mission of the establishment of AIU to develop graduates or future leaders who are adaptable, balanced, well-rounded individuals, willing and able to serve humanity, acting as change agents in respective communities through Social Business agenda,” said Vice-Chancellor and President of Albukhary International University, Prof. Datuk Dr. Abd. Aziz Tajuddin, in a statement.
"The application 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 be successful Social Entrepreneurs upon graduation," said Prof. Datuk Dr. Abd. Aziz Tajuddin.
Muhammad Yunus, the founder of Grameen Bank and father of microcredit, an economic movement, has helped lift millions of families around the world out of poverty.
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).