In November 2014, Prof. Gillian Sullivan Mort and Rafiuddin Ahmed travelled to Mexico to attend the Global Social Business Summit and to offer Nobel Prize Winner Dr Muhammad Yunus an appointment as an Emeritus Professor within La Trobe Business School. The Nobel Prize is awarded every year to a laureate who made a difference “to benefit all mankind”. Previous laureates include Malala Yousafzai and Barack Obama. Muhammad Yunus and Grameen Bank received the Nobel Peace Prize in 2006, “for their efforts to create economic and social development from below”. You can watch the Muhammad Yunus during the 2006 Nobel Peace Prize Award Ceremony here.
Muhammad Yunus is widely known for his progressive theories surrounding microcredit and for founding Grameen Bank, an innovative institution which has enabled impoverished entrepreneurs to access an affordable loan scheme and start a business. Grameen Bank is generally considered to be the first modern microcredit institution ever established, and is an important player with international influence in the industry. In his 2007 book Creating a World without Poverty, Yunus goes beyond microcredit to pioneer the idea of Social Business – a completely new way to use the creative vibrancy of business to tackle social problems from poverty and pollution to inadequate health care and lack of education. Since then, ‘Yunus Centres’ around the globe have served as a one-stop resource centre for all Grameen social business related activities, La Trobe Business School being one of them. Dr. Yunus’ intellect, industry connections and experience will make a significant contribution to La Trobe Business School and the wider La Trobe University and its students, providing them with a unique opportunity to interact with a global thinker from the business world.
For more information on the Yunus Social Business Centre at La Trobe Business School, see the La Trobe Business School Yunus Centre website.