Dean of Lagos Business School, Mrs Enase Okonedo and High Commissioner of India to Nigeria, Mr. Mahesh Sachdev, yesterday in Lagos, signed a Memorandum of Understanding (MOU) between LBS, Pan-African University and the Indian Council for Cultural Relations (ICCR).

Under this MOU, an Indian academician will head a Rotating Chair for Indian Management Studies at LBS which will be utilised for teaching management and related subjects such as marketing, strategy and finance, with strong emphasis on Indian experience.

High Commissioner of India to Nigeria, Mr. Mahesh Sachdev
with the dean of Lagos Business School, Mrs Enase Okonedo

Under this MOU, an Indian academician will head a Rotating Chair for Indian Management Studies at LBS which will be utilised for teaching management and related subjects such as marketing, strategy and finance, with strong emphasis on Indian experience.

“This is the first such arrangement with a Nigerian institution, and we have carefully chosen LBS to be our partner”, says Mr Sachdev, commenting on the partnership.  He added that he hoped the Chair will cater to the needs of LBS by bringing various Indian management academicians to the service of Nigerian managers.

Mrs Okonedo describing the establishment of the Chair as a ground-breaking event noted that it was the result of a quest to deliver global standards at LBS and attract top academicians. “This is the first time we are formalizing such an arrangement and we are grateful to the High Commissioner.”

“We hope that the Indian Chair of Management will transmit to Nigerian managers the knowledge gathered by the body of Indian academicians over the years, to improve capacity in Nigeria”, she added.

The MOU is to take effect immediately for a two-year term.