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Dr. Manu Chandaria Steps Down from the GBSN Board of Directors

Posted By Nicole Zefran, Wednesday, July 16, 2014
After 7 years of serving on the GBSN Board of Directors, Dr. Manu Chandaria is stepping down. Dr. Chandaria is the Chairman & CEO of the Comcraft Group, a multi-billion dollar global conglomerate, with interests in aluminum, steel, plastics and information technology. Dr. Chandaria is not only one of Africa's wealthiest businessmen, but also one of Kenya's biggest philanthropists. His Chandaria Foundation is active in over seven countries, and has donated millions to causes in education, health and the arts.

"We need new vigor, new thinking and practical and pragmatic ways to meet our aspirations. The family established The Chandaria Foundation back in 1956 with a clear vision, that as the family expands in new ventures and creates wealth, it would make a part of the wealth available for the community where they operate. That is what we call corporate social responsibility. But we have done more than just that. We thought of helping institutions by taking interest in them, build their capabilities that can help others," explains Dr. Chandaria.

In unison with our mission, Dr. Chandaria strongly believes in the importance of higher education in sustaining development. He is the chancellor of two universities - Technical University of Kenya and the United States International University (USIU). With a goal of fostering entrepreneurship in Africa, Dr. Chandaria endowed the Chandaria Business Innovation and Incubation Centre at Kenyatta University (Kenya) and the Chandaria School of Business at USIU. He also sits on the University of Nairobi Council for the last 20 some years as a representative of Gandhi Memorial Academy Society, who were the trailblazers in building the first institution of higher learning in Kenya. 

"We have a job as industrialists to run our industries well, and our mandate is to do good for the community. We have some excellent institutions with lot of capabilities. By inciting them with clear vision, by adding new thinking and changing their mindset, we can go a long way in achieving our goals. We do not have knowledge of running an educational institution of higher learning. But we can support them to put in some essential inputs, which can make a major shift in the growth and the quality of the institution," said Dr. Chandaria.

Serving on many boards throughout the years, GBSN's is not the only one Dr. Chandaria is stepping down from. We honor and thank Dr. Chandaria for all his support in our work and mission. Although he is stepping down from our Board of Directors, we are proud to welcome Dr. Chandaria to our Advisory Board. The world could use more businessmen like him.

"Manu Chandaria is one of the most remarkable persons I have been fortunate to meet in my life. He is a person of incredible achievement, who strongly believes in the power of education, and in particular management education, to fuel development and reduce poverty. I thank him for his enduring interest in GBSN." 
- Guy Pfeffermann, CEO, Global Business School Network

Nicole Zefran is the Network Assistant at the Global Business School Network

Tags:  Africa  CSR  Manu Chandaria  Sustainable Development 

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